Sapient Launches End-of-Day Reporting Service

It offers an automated, standardized reporting solution to manage all operational activities required for close of business reporting. CoBS also provides clients with real-time dashboards for visibility into all aspect of the operations process. All business transaction information-including P&L, position, mark-to-market, and cash flow data-from across trading locations is gathered and processed for end-of-day reports.

"Our clients are able to hand their daily transaction book to us, and we hand it back to them the next morning, with the data collection, analysis, and reporting complete and ready to go," says Arun Karur, VP and head of commodities at Sapient Global Markets. "Clients are able to achieve higher predictability, smarter processing, and reduced overall risk while capitalizing on the specialized expertise, lower cost, and higher scalability benefits that a managed service can provide."