02:40 PM
Operations Newsflashes
Investec Asset Management Chooses Netik for data warehouse hub
Investec Asset Management hired Netik to implement a data warehouse hub for both the firm's London and Cape Town, South Africa, operations, the vendor says. The Netik data warehouse, called Netik InterView, is a designed specifically for for data management and consolidated reporting in the securities industry. Investec Asset Management needed data warehousing technology deployed as a data hub to let it transition to a new outsourced operations platform, and InterView provides a single point for data management and reporting that is a "clean and consistent boundary to the outsourced platform," Kim McFarland, Investec Asset Management's chief operating officer, said in a statement. Investec will use Netik InterView's 3-2-1 Outsource program, which provides a methodology and workflows for implementation.