Scotiabank Deploys Fenergo Onboarding Solution
Toronto-based Scotiabank is using Fenergo’s Regulatory Onboarding solution for its global banking and markets division, officials say. The deployment is intended to help the bank automate, streamline and standardize regulatory onboarding processes, data and documentation across six business segments.
Brazilian Asset Manager to Use Eze OMS
Rio de Janeiro-based asset manager Dynamo Administração de Recursos is using an order management system from Eze Software Group to facilitate front-to-back straight-through-processing for offshore and domestic Brazilian strategies, officials say.
Dynamo also uses Eze Software’s Tradar PMS for multi-asset class portfolio modeling and accounting support. Founded in 1993, Dynamo is one of the oldest independent asset managers in Brazil.
In partnership with Dynamo, Eze Software customized the Eze OMS solution to address the characteristics of Brazilian asset classes and the workflows of market participants, officials say.
The Eze OMS provides Dynamo with configurable post-trade compliance alerts and reports that can be customized from “thousands of analytics and system fields to help manage investor requirements,” said A.J. DeRosa, managing director and co-head of global sales at Eze Software Group in a statement.
Charles River Adds 24 Clients in 2013
Investment management solution provider Charles River added 24 new clients last year across investment management sectors, including private wealth and alternative investment managers, officials say.
The vendor also broadened its private-cloud based Charles River Investment Management Solution (Charles River IMS) in 2013, made significant R&D investments in portfolio management and trading capabilities for all asset classes, and opened a new global managed services center in Dublin.
Other 2013 highlights include:
- There were 14 major expansions of existing clients;
- 200+ clients went live on Charles River’s re-architected Version 9 of Charles River IMS;
- 85+ clients leveraged hosting, application management, data, and compliance services;
- And 555 brokers and 194 buy-side clients joined the Charles River FIX Network.
Gemini Hedge Fund Services to Deploy Hedge360 Suite
U.S.-based hedge fund administrator, Gemini Hedge Fund Services, has chosen SunGard’s Hedge360 hedge fund investment management application suite to help its portfolio managers customize their portfolio management, risk, IT and reporting requirements, officials say.
Gemini Hedge officials say they are deploying Hedge360 to increase operational efficiency by automating processes, simplifying workflows and reducing the risks associated with manual entries.
Etrali Rolls Out Mobile Voice Recording for Japanese Bank
An unidentified, tier-one Japanese bank has deployed a mobile voice recording service from Etrali Trading Solutions, officials say. The deployment in support of trading marks an expansion of the service into Asia-Pacific after already being available in Europe and the US, say Etrali officials.
The SIM-based solution will allow financial institutions in Japan to comply with Japanese Financial Services Agency record-keeping requirements. It also allows companies in the region which deal with Europe and the US to adhere with Financial Conduct Authority, Dodd Frank and MiFID II requirements. The system will be deployed with mobile voice recording partner Natterbox, say Etrali officials.
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