SS&C Adds Explorer to its Portia Platform
New tool turns critical investment data into meaningful information.
Explorer allows asset managers to integrate and visualize data from their investment accounting system via grid and pivot views. Users will be able to consolidate data streams into one dataset.
Christy Bremner, SS&C senior vice president and general manager, tells Buy-Side Technology that there was near-universal request among their client base for a flexible way to view both SS&C Portia data and data outside the solution. Bremner says clients went as far as even creating report exports from SS&C Portia and building in-house applications via Excel and Access to be able to interact with the information.
While Explorer took only four months to build, over a year was spent planning it as Explorer went through multiple iterations before the final design was approved, according to Bremner. The use of an Agile development methodology made it possible for SS&C to quickly create prototypes and adjust them based on feedback from clients.
During development, the biggest challenge was optimizing tens of millions of rows of data for rapid retrieval, according to Bremner.
"We needed to provide our customers with the ability to quickly interact with the large data sets without 'standing up' additional infrastructure or being forced to support new technologies," Bremner says.
Bremner says that SS&C will look to continue to invest in SS&C Portia over the next six months, specifically addressing cash management, corporate actions and regulatory requirements. Enhancements to Explorer will also be made in advanced charting, web service API access and mobile device support.
"One of our guiding design principles was to create a simple yet rich user interface that requires little training for our clients," Bremner says. "This emphasis on ease of use enables firm-wide access to data. By making data easy to view and query across the front-to-back office, the need to maintain extensive report libraries is drastically reduced."
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 Trading Tech
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Bank-led consortium takes aim at position reporting
Five banks, including Barclays, BNP Paribas, Goldman Sachs and HSBC, have joined forces to mitigate interpretation and implementation errors in position reporting disclosures.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.
Consortium backs BGC’s effort to challenge CME
Banks and market makers—including BofA, Citi, Goldman, Jump and Tower—will have a 26% stake in FMX.
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
Can exchanges leverage new tech to claw back ETF share from RFQ platforms?
Systematic trading strategies and proliferating data are bringing efficiency to an otherwise-fragmented European ETF market.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
Liquidnet sees electronic future for gray bond trading
TP Icap’s gray market bond trading unit has more than doubled transactions in the first quarter of 2024.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- DTCC urges affirmation focus ahead of T+1 move
- FactSet looks to build on portfolio commentary with AI