About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MFC Global Investment Management Selects Thomson Reuters’ Portia for Recordkeeping

Subscribe to our newsletter

The asset management arm of Canadian-based financial services group Manulife Financial, MFC Global Investment Management, has selected Thomson Reuters’ Portia for its investment recordkeeping requirements. The firm signed the multi-million dollar deal with a view to introducing a single book of record for the public asset component of its investment management business, says said Jacqui Allard, vice president and chief administrative officer at MFC Global Investment Management.

“We have a longstanding business relationship with Thomson Reuters. They understand our business and our people,” says Allard, explaining the reasoning behind its selection. The firm is therefore no stranger to Thomson Reuters: the Boston office of MFC Global has been using the vendor’s system for nearly 10 years.

However, this year will see the extension of the outsourced services solution across MFC Global’s operations in the US, Toronto, London and Asia via a multi-phased approach, says the vendor. Under the terms of the deal, Thomson Reuters will provide MFC Global with a range of investment operational hosted software services including data management, portfolio recordkeeping, management reporting and disaster recovery support.

Last year, the vendor integrated the investment accounting system, Portia, to DataScope Select, its global pricing and security reference data offering as part of its drive for synergies between its merged businesses. The interface allows Portia clients to use DataScope Select’s pricing and reference data for portfolio management and valuation, as well as investment accounting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Approaches to ESG data for analytics

Volumes of ESG data are huge and continue to grow, questioning how financial institutions with a focus on ESG investing can continuously capture and contain required data sets, master and integrate the data, and ensure data quality for meaningful analytics. This webinar will consider approaches to ESG data and data management for analytics, the challenges...

BLOG

S&P Global Market Intelligence Adds ChartIQ to Capital IQ Pro Platform

S&P Global Market Intelligence has acquired ChartIQ, a provider of data visualisation and charting, to enhance its S&P Capital IQ Pro platform, digital investment solutions provider Markit Digital, and other workflow solutions. Prior to the S&P Global Market Intelligence acquisition, ChartIQ was part of Cosaic, a workflow solution provider offering data visualisation and desktop technology...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...