The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

ConvergEx’s Eze Castle Software Launches Data Management Solution

ConvergEx Group, a leading technology company, today announced the launch of Eze Data Management, a highly extensible, multi-asset class data repository that provides the tools for data enrichment, maintenance of “golden copy” reference data, as well as aggregation, tracking and reporting on performance and risk data. The new product seamlessly integrates with ConvergEx’s award-winning Eze OMS and other systems including industry-leading accounting and risk platforms to provide streamlined workflows for data management, reporting and analysis.

The new product includes two core modules: Eze Reference Data Manager and Eze Performance Manager. Eze Reference Data Manager provides firms with a central location for managing their entire universe of reference data (instruments, issuers, portfolios, custodians, currencies, classifications and strategies) creating a golden copy database that can be leveraged across all systems. An open framework facilitates integration of security reference data from leading service providers.

Eze Performance Manager aggregates and normalizes performance and risk data from multiple sources for consolidated reporting and analysis. It enables firms to easily track and analyze time-series performance and exposure, slice and dice data over configurable aggregations and time periods, as well as perform “As-Of” and “As-On” reporting.

“Centralizing and consolidating reference and performance data is highly manual and is very often delayed by human error,” said Rob Keller, CFA and managing director of Global Product Management at ConvergEx’s Eze Castle Software. “Eze Data Management resolves these issues by automating the process and aggregating and combining data using robust business rules that work together as the central layer connecting firm wide systems.”

Eze Data Management was developed and tested with several clients of the Eze OMS including Chilton Investment Company, an alternative investment firm based in Stamford, Connecticut. “We are tremendously happy with Eze Data Management and the ways it has significantly streamlined our workflows. Our data is now consolidated across all of our systems, which has helped us manage our operational risk, ensuring accuracy and reliability,” said Jerry Goersch, managing director and chief technology officer at Chilton. “They worked closely with us to ensure our workflows were seamless and efficient and to ensure the system fit our needs.”

“The Eze OMS is already central to our clients’ day-to-day workflow,” said Tom Gavin, chief executive officer of ConvergEx’s Eze Castle Software. “With the addition of Eze Data Management, we are able to offer a fully integrated and streamlined workflow for order, execution, and data management. We offer a single support structure that ensures clients have a single point of contact for their OMS and data management solution that guarantees the high-touch global support model that Eze is known for.”

The award?winning Eze OMS leverages a real?time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.

Related content

WEBINAR

Recorded Webinar: Adverse media screening – how to cut exposure to criminal activity, from money laundering to human trafficking

Screening for adverse media coverage of counterparties presents an incredible opportunity for financial institutions to limit risk exposures and identify bad actors early. It is required by regulations such as the EU’s sixth Anti-Money Laundering Directive (AML 6), and is one of the most effective ways to steer clear of potential connections with sanctioned activity...

BLOG

SIX Fintech Ventures Leads $8 Million Funding for Crypto RegTech Coinfirm

SIX Fintech Ventures, the corporate venture arm of Swiss exchange operator and data vendor SIX, has co-led an $8 million Series A funding round for Coinfirm, which operates a blockchain-based AML Platform for crypto assets designed to protect against ransomware hacks, human trafficking, sanctions evasion and terrorist financing by risk scoring entities, addresses and transactions. As part of the...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...