This Week: Tora, AcadiaSoft, Itiviti, Citi, Finastra, SEI & More

A summary of some of the past week’s financial technology news.

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Tora Revamps OEMS-Integrated PMS

San Francisco-based trading technology vendor Tora has rolled out a “revitalized” portfolio management system (PMS), fully integrated with its order and execution management system to provide “a completely unified user experience for all fund trading requirements.” The revamped PMS platform includes a real-time general ledger, including trial balances, a full balance sheet and income statements, and the ability to show and reconcile the shadow net asset value

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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