Murex, a specialist in integrated investment management and processing solutions for capital markets, has partnered with PZU Group on the implementation of a platform solution to manage its investments and assets, as well as those of its customers.
Technology & software solutions
Enfusion, a global provider of native cloud-based investment management solutions and services, has named Mike Berry as its new Chief Operating Officer (COO) and expanded its Client Services function with three new leadership hires.
Matrix IDM, a solution provider to asset owners and managers, has partnered with business transformation consultants Reformis.
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has launched TLM Aurora Universal Data Control - driven by client demand - a solution that matches any reconciliations data, from basic to complex matching, by enabling AI, machine learning and cloud-native technology.
TISA Universal Reporting Network (TURN), a blockchain solution for the collection and dissemination of fund related data, has created and submitted a static fund data template to FinDatEx.
The Depository Trust & Clearing Corporation (DTCC), the market infrastructure for the global financial services industry, has announced that DTCC’s ALERT, the industry’s largest and most compliant web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs), has passed a key milestone with over 10 million SSIs now included in the service — an increase of 12 per cent in the past 12 months.
Strong forces are reshaping Investment Management: customers want more digital engagement, more customisation and regulatory requirements are evolving towards greater transparency. This requires fresh new thinking which places technology at the front and centre of the corporate agenda. We spoke with Pierre Mendelsohn (pictured), founder and CEO of ALPIMA, about how firms can respond.
By Howard Rees (pictured), Chief Commercial Officer, Macrobond – The pandemic and the resulting economic recession have made it abundantly clear that macroeconomists need to look beyond conventional measures to assess the economy in real time. The use of nowcasting and increased application of alternative data has been further accelerated by this global crisis, highlighting the need to ensure data is accurate, timely and relevant.
Collateral management as a catalyst for innovation - Tapping into cloud can drive efficiency, reduce cost and risk, says Stuart Connolly
Managers who have embraced the transition to cloud-based collateral management have been rewarded. Their teams are focused on mitigating risk (operational, counterparty credit as well as reputational) and increasing efficiencies. Automation enables them to address exceptions rather than tying up staff with manual processes prone to error or with expensive, time-wasting updates to legacy, on-premise technology. Therefore, those with the vision to adopt a cloud-based approach are saving money, time and risk firm-wide. This has implications not only for the back office but for the front office as well.
By A Paris – Asset managers are capitalising on the power of technology across their whole organisation – from the investment perspective, where artificial intelligence and alternative data can support trading decisions, to the operational dimension to improve efficiency, transparency and consistency in monitoring, processing and reporting.