Daiwa Europe Unblocks Back-Office Bottlenecks

LONDON-Daiwa Securities SMBC Europe has completed a three-year project to consolidate its client and instrument reference data onto a central messaging platform.

The bank is now advising Daiwa's New York office about the possibility of developing a similar enterprise data management (EDM) system in the US, says Graeme Muirhead, executive director, technology, at Daiwa.

Daiwa's platform is based on a Reuters Tibco messaging bus supported by GoldenSource's EDM suite. The central data platform s