(Editor’s Note: Late last month, Gresham Technologies announced that it was acquiring Electra Information Systems for $38.6 million. The acquisition is slated to become official on June 22, and both vendors say it will help transform the market landscape for reconciliation and cloud-based data control. FTF News got time with Ian Manocha, CEO at Gresham, and… Read More >>
Gresham-Electra Is ‘Already Shaking Things Up’: Q&A
(Editor’s Note: Last week, two major reconciliation services competitors — Gresham Technologies plc and Electra Information Systems — announced that will be combining into one provider via Gresham’s $38.6 million acquisition of Electra. FTF News got time with Ian Manocha, CEO at Gresham, and this is the first part of a two-part Q&A chat. For… Read More >>
Gresham Technologies to Acquire Electra for $38.6M
Two major reconciliation services competitors — Gresham Technologies plc and Electra Information Systems — will be combining into one provider via Gresham’s acquisition of Electra. Gresham officials report that the company “and its wholly-owned subsidiary, Gresham Enterprise Storage” are purchasing “the entirety of the issued and outstanding shares of common stock of Electra … on… Read More >>
Electra Expands Global Operations & Adds Staff
Electra Information Systems, a provider of reconciliation and other post-trade services, is adding data centers and staff to improve its global infrastructure for operations processing that supports a growing number of clients across the United Kingdom (U.K.), Europe, and the Asia-Pacific regions, officials tell FTF News. In particular, Electra has added data centers in Sydney,… Read More >>
Electra’s Unified API Service Targets the Buy Side
Electra Information Systems, a maker of reconciliation and other post-trade solutions, is launching a unified application programming interface (API) service for new and existing customers to help them ease into complex API strategies facilitating data access among applications and systems. The Electra unified API is intended as a single connection to help IT staffs at… Read More >>
Electra Targets Manual Woes in Client Fee Billing
Electra Billing 6.0 Launches Electra Information Systems, a provider of reconciliation and other post-trade processes for the buy side, has launched Electra Billing 6.0, a system for audit and workflow control, designed for client-fee billing. Electra Billing 6.0 is intended to “reduce risk by increasing the accuracy and efficiency of approval workflows throughout vital… Read More >>
Ops Spends Too Much Time On Exceptions: Q&A
(Todd Sloan, business development, senior vice president, Electra Information Systems, took time out of his schedule to give FTF News a progress report on Electra Information Systems. The provider of reconciliation and other post-trade solutions, Electra is the winner of the 2020 FTF News Technology Innovation award for “Best Reconciliation Solution” for the fifth consecutive… Read More >>
Electra Fills New Post for Data Services
New SVP to Oversee Customer Interactions Electra Information Systems, a reconciliation solutions and accounting data aggregation services vendor, has appointed Jennifer McMackin to the newly created role of senior vice president, data services, officials say. McMackin’s has more than 15 years of industry experience from positions at Mizuho America and Axiom Investors, officials say. “Her… Read More >>
FTF Awards Q&A: Electra Wins Best Reconciliation Solution
(Editor’s note: The following Q&A with John Landry, CEO for Electra Information Systems, follows the company being voted “Best Reconciliation Solution” by our readers and industry professionals participating in the FTF News Technology Innovation Awards competition. “The award affirms the value of our working closely with clients to extend the capabilities of Electra Reconciliation,” Landry… Read More >>
FTF Announces 2017 Award Winners
Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>