BST Awards 2020: Best integrated back-office platform—Financial Risk Solutions
Dublin, Ireland-based Financial Risk Solutions wins the best integrated back-office platform in this year’s Buy-Side Technology Awards, its first title across any of WatersTechnology’s awards programs. The company succeeds last year’s winner in this category, FIS.
Financial Risk Solutions offers unit pricing, investment administration, asset reporting and compliance oversight through its InvestPro suite, aimed at helping asset managers—including MetLife, Prudential and Aviva—to reduce their operational costs, increase middle- and back-office efficiencies and mitigate risk.
Over 150,000 funds are managed on InvestPro by more than 65 financial services clients worldwide. Since 2019, the service added Isle of Man-based Ardan International, Bermuda-based Monument Re, among others, to its client roster.
InvestPro automates complex fund administration processes, including unit pricing, cash allocation and rebalancing, third-party oversight, and regulatory reporting. It includes features for cash allocation and rebalancing, automating the capture of customers’ cash movements into collective funds and converting these into trade orders; a reconciliation tool; features for corporate actions and trading; accounting functionality, with its own native general ledger and book of accounts; and an asset valuations function.
InvestPro integrates with clients’ business systems to capture customer fund requests, has customizable workflows for different security categories, and links to trading platforms and settlement counterparties. It is delivered either on-premise or via the cloud.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Technology innovator of the year (vendor)—Christy Bremner, SS&C Technologies
Christy Bremner, senior vice president, Institutional & Investment Management (I&IM) division at SS&C Technologies, wins technology innovator of the year (vendor) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
- BMO’s cloud migration strategy eases AI adoption