Finland-headquarterd Fennia Group has implemented SkySparc's SkyReport system for reporting, reconciliation and automated testing. The firm went with SkyReport because it was easily integrated into its investment management system, SkySparc's Wallstreet Suite, according to Mikko Jakovlev, a risk analyst at Pension Fennia, the pensions arm of Fennia Group.
"It uses the same logic as Wallstreet Suite, and provides us with true transparency into the rich data available in Wallstreet Suite and the way it is structured," says Jakovlev. "This, combined with the familiar Microsoft Excel user interface layer, means our controller department will save time on routine report generation, enabling them to spend more time on analysis and improving our process efficiency."
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails