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

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Subscribe to our newsletter

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product.

Reformis was founded in London in 2003 with the aim of bridging the gap between business and technology at investment management firms. It took a strategic decision in 2008 to drive business through partnerships and offers advisory, data management consultancy, front office implementation, and reporting solutions.

Since 2003, the consultancy has set up offices in New York,  Boston and Los Angeles, and most recently, in January 2021, an office in Sydney that will initially work with Matrix IDM, which was formed in 2017 by former Cadis Software executives in Sydney and has since extended its reach to London and New York.

Reformis’ partnership with NeoXam cements an existing working relationship and covers the software company’s Impress solution that was introduced as part of a new reporting business line in November 2020.

Rav Swamy, CEO rest of world (outside the UK and EU) at Reformis, notes buy-side challenges as managing huge volumes of data; identifying solutions from a wide range of technologies such as data-as-a-service, data management-as-a-service, and cloud; ensuring regulatory compliance; and a lack of data culture.

He says: “We have a unique perspective on how buy-side firms work in different regions and with different issues. We research market trends and vendors to find the best solutions for our clients.”

Selling the solutions is the role of the vendors, with Reformis offering clients advice on what they need to do in terms of data management and governance to hit their strategic goals, as well as technical implementation for successful delivery of solutions. The consultancy has evaluated about 20 data management solutions over the past six months, many more than in previous periods according to Swamy, and is taking a data governance first approach to data management projects to help clients make best use of their data.

With about 100 people worldwide and over 200 data management projects with firms from small hedge funds to large asset managers under its belt, Reformis plans to continue expanding its partnership programme. Swamy concludes: “We want to have the best capabilities on our platform and offer best practice implementation.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Record Debt Issuance Is Exposing The Bond Market’s Information Gap

By Swati Bhatia, head of fixed income, financial information at SIX. Sovereign bond issuance across the OECD’s member countries is predicted to have reach a record US$17 trillion at the end of last year, a scale of borrowing that would have seemed mind-boggling only a few years ago. On the corporate debt side, the total...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Enterprise Data Management, 2010 Edition

The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...