KPAX hosted services, which have been used by seven large financial institutions, are now available online. The tool allows users to compare, match and reconcile financial data of any size in formats including CSV, TXT, SQL and SWIFT.
Rabobank's UK arm has been using the automated KPAX Pro solution for regression testing purposes on its foreign exchange and money markets holdings, and was able to significantly reduce the time spent from 81 to five days.
"KPAX can also be used as a database techn
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails