Market Overview

Global Tier 1 Capital Markets Investment Bank Expands its Relationship with Inforalgo

Share:

Inforalgo,
the leading provider of data connectivity technology to the Capital
Markets and Investment Banking industry, announced today that it had
expanded its long-standing relationship with a global tier 1 capital
markets investment bank to include complex data integration requirements.

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. In
addition, there are new integrations with Axe Trading and a custom
project for their internal Certificates of Deposit order management
systems; all designed to assist the bank in achieving its goals of
cost-efficiencies and timely, accurate regulatory reporting.

The capital markets bank offers a range of investment services including
asset management, treasury services, depositary receipts, wealth
management, fixed income management and corporate trust services. As one
of the world's largest investment managers, outsourcing its data
integration requirements to Inforalgo allows it to concentrate on its
core business of helping clients manage their risk, capital and
liquidity needs.

Inforalgo specialises in providing outsourced data integration and
harmonisation services, and its long-tenured team has extensive
expertise with the Bloomberg platform and complex data integration
requirements. Its solution ensures an optimised data flow of pre and
post-trade data, which many financial institutions find challenging to
manage with internal resources.

A spokesman for the bank commented: "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."

Inforalgo CEO, Jordan Ambrose, commented: "We're delighted to extend our
services with this leading investment bank. We look forward to
continuing a long and successful business partnership as we address even
more complex data integration challenges."

About Inforalgo

Founded in 1990, Inforalgo is a trusted partner to 80 leading
institutions in Capital Markets and Investment Banking by providing STP
and outsourced data management solutions to optimise data flow
efficiency for multiple pre and post-trade use cases. Please visit http://www.inforalgo.com for
more information.

View Comments and Join the Discussion!