Lehman Brothers has started using ADP Wilco’s Java-based UPM Corporate Actions processing system, it was announced last week. Lehman has integrated the system with its data cleansing engine and its proprietary position management systems.
Although Lehman is using a Linux/Intel platform, the UPM architecture is platform-independent and deployable on all the current major platforms, says Tom Carey, head of new products at ADP Wilco.
UPM Corporate Actions processes notification events and provid
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