Inforalgo has expanded its relationship with a global tier 1 capital markets investment bank to include complex data integration requirements.
The company provides data connectivity technology to the Capital Markets and Investment Banking industry. It said the new data integration services now include the mandatory encryption of Bloomberg FIX feed and reporting obligations for the recent FINRA Trade Reporting and Compliance Engine (TRACE) trade modifiers.
There are also new integrations with Axe Trading and a custom project for their internal Certificates of Deposit order management systems, which are all designed to assist the bank in achieving cost-efficiencies and timely, accurate regulatory reporting.
The bank offers a range of investment services including asset management, treasury services, depositary receipts, wealth management, fixed income management and corporate trust services.
By outsourcing its data integration requirements to Inforalgo, the bank can now focus on its core business of helping clients manage their risk, capital and liquidity needs.
A spokesman for the bank said: “In all my time working with many vendors, we consider Inforalgo to be at the very top. One of the major strengths of the partnership is the financial and business expertise Inforalgo brings to the table. The tailored development opportunities and excellent customer support mean that the solutions can be precisely customised to meet our requirements.”
Founded in 1990, Inforalgo is a trusted partner to 80 leading institutions in Capital Markets and Investment Banking. Its solution ensures an optimised data flow of pre and post-trade data, which many financial institutions find challenging to manage with internal resources
The business is a certified partner to Bloomberg for STP and integration services since 2001, meaning its Bloomberg integration is seamless, robust and certified, according to the company. Inforalgo also simplifies the data management processes required for MIFID II reporting. It finds the data in the systems, extracts it, transforms it and sends it on to your APA or ARM provider.
It also handles the connection points and whatever data transformations needed to harmonise data in a customer’s front, middle and back office, enabling the automation of compliance, data analytics and operational efficiencies.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
