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HCL Introduces Capital Markets Reference Data Solution

DELHI-IT services firm HCL Technologies has created a new information integration solution aimed at improving post-trade and middle-office functionality in the capital markets industry. Penstock One Foundation data management solution differs from competitive products, officials tell IRD, as it covers multiple asset classes and is simpler to use.

Designed to be a data model for lending and trading businesses, Penstock One Foundation can be used as a data warehouse or as a data repository

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