London - ODL Securities, a UK-based equities and derivatives brokerage house, has installed a reference data management platform from AIM Software that replaces the manual processes in maintaining its securities master file.
There have been "no errors" in terms of trade failures since AIM's Gain platform was installed at ODL's headquarters in London, says Bill Newton, director at ODL. "The manual processes produced quite a few errors," says Newton, which tended to center around the ISIN codes
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails