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

Reconciliation and the Silent Revolution Reshaping Financial Operations

By Sarva Srinivasan, head of global strategy and managing director at NeoXam, Americas. In most financial institutions, reconciliation has traditionally lived quietly in the background. It is often viewed as a necessary control process that ensures transactions, positions and balances match across systems and counterparties. Important, yes, but rarely considered fundamental to the business. But...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Connecting to Today’s Fast Markets

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...