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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.

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