Netik, a New York-based software provider for the securities industry, has launched the Enterprise Reporting engine to facilitate the periodic reporting of portfolio investment and performance information to an asset-management firm's clients. The Enterprise Reporting application plugs into the Netik InterView Data Warehouse, the company's proprietary investment hub, and leverages the investment accounting, performance attribution and risk information that it contains to deliver aggregated client reporting.
The new application's key features include scheduled, event-triggered and on-demand report generation; integrated workflow control and integrity checks providing preview, audit, exception management and delivery-tracking facilities; and consolidated account/portfolio reporting with the ability to incorporate information from multiple data sources including the Netik interview data warehouse, free-form commentary, Excel spreadsheets, Word documents and other external data sources.
Bank Sarasin & Co. Selects Reference Data Software From AIM
Basel, Switzerland-based Bank Sarasin & Co (BSC) has selected GAIN DataDesktop, the data-management platform of AIM Software, a reference data software provider based in New York City. GAIN DataDesktop will be used to automatically open instruments directly in BSC's Avaloq banking application.
GAIN DataDesktop enables checks on all imported data prior to export to the banking application, and can produce control reports, which improves data quality. In case of exceptions, an intuitive interface provides a view on the data flagged as faulty and risky, or where the bank has specified the data must be checked manually.
"We greatly appreciate the easy handling of the GAIN DataDesktop, giving us the possibility to build up queries and to extract data coming from any type of data feed," said Alexander Buytenhuijs, Financial Instruments & Quantitative Methods, Bank Sarasin & Co, in the press release. "GAIN allows us to quickly elaborate all new requests on our own, offering a wide range of functionalities."