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: https://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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
CME marks cloud migration milestones, new FIX guidance for brokers, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
How Quoniam boosted its sentiment strategy by adding an LLM
The asset manager’s upgraded system creates scores from more-informative forward-looking parts of news.
WatersTechnology latest edition
Check out our latest edition, plus more than 14 years of our best content.
Tech and data fragmentation irks enterprise risk managers
Often at the mercy of decisions made by other parts of the bank, ERM heads gripe at disparate systems, poor UX, and reporting gaps.
When trading systems disagree: a deterministic architecture for event sequencing
Modern trading platforms execute millions of events at extraordinary speed, but speed alone does not ensure that every downstream system shares the same view of reality, says Gaurav Tiwari.
Goldman exec: Dec. 6 a ‘lighthouse’ for EU T+1 readiness
Officials from JP Morgan, the European Central Bank, the National Securities Depository, and Goldman Sachs explained how T+1 preparation needs to be different in the EU than in the US, while speaking at Sibos.
Month-long power glitch hits key APAC trade surveillance tool
Nasdaq’s alert functions were restored, but users say testing and calibration tools were still disrupted.
Bankers question value of round-the-clock trading
BNY and State Street execs predict the arrival of extended-hours trading will come with a hefty price tag for industry firms.