Jyske Bank Signs with Vermilion for VRS, Data Mart Services
Key to the contract was the ease ease with which the VRS could be integrated existing portfolio management systems.
According to London-based Vermilion, a client reporting specialist that won three categories ─ best client-reporting platform, best implementation at a buy-side firm, and best product for 2014 ─ at last year's Buy-Side Technology Awards, a key factor in Jyske's decision to sign with vermilion was the vendor's proof of concept (POC) initiative that illustrated the ease with which the VRS could be integrated with the bank's existing portfolio management systems.
The POC also allowed users to create and maintain their own workflows to fit the bank's target operating model, in addition to it illustrating support for the automatic reuse of both data and commentary across multiple reports to eliminate duplication of effort.
The partnership will allow Jyske Bank to automate the production of client valuations, fund commentaries and PowerPoint presentations, at varying frequencies, for the bank's entire client base.
Founded in 1967, Jyske Bank is the third largest Danish bank in terms of market share. Headquartered in Silkeborg, Jyske has branches in Denmark, France, Germany, Gibraltar, the Netherlands and Switzerland.
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
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.
This Week: HKEx's new derivatives platform; GoldenSource; Quonian-SimCorp, and more
A summary of some of the latest financial technology news.
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more
A summary of the latest financial technology news.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: Best implementation at a sell-side firm—FlexTrade Systems