Mondas Rolls Out Radica CAPS for First Global Asset Management Client

Mondas PLC has delivered the latest version of its flagship product Radica CAPS, launched in December 2005, to one of its global asset management clients. The undisclosed client will be implementing the corporate actions solution to enable two of its centres to share common event data. Legal entity filtering ensures that each centre is only able to access its own client list and positions, while so-called Chinese walls embedded into the system preserve and protect each location’s client confidentiality.