FTI StreetEnterprise Release 6.3 Upgrades StreetReference, Actions

Financial Technologies International’s release last month of the latest edition of its StreetEnterprise securities processing solution features substantial upgrades to both its StreetReference reference data module and StreetActions corporate actions automation platform.

According to FTI, the new release – version 6.3 – refines the StreetReference module “to improve the quality of data received from vendors.” Specifically, the upgrade adds a series of enhancements:

models to monitor completeness of information for processing requirements;
additional edit and validation rules;

integrated information from across multiple sources through the use of user-defined hierarchies;

access to each unique source of data;

improved automated exception identification and resolution;

‘single or multiple golden copies’ as required by internal business lines’ processing requirements;

integrated process work flows to ensure approval and integrity for all user revisions;

and improved data accessibility and publishing capabilities.

FTI says StreetReference “also facilitates the integration of information across … securities data, customer and counterparty data.”

Meanwhile, StreetActions has been enhanced to include multi-organizational processing, to support multiple lines of business or as an outsourcing platform for clients’ own customers. The system has also been enhanced with the automated receipt of incoming Swift MT564 corporate action notification and MT565 corporate actions instruction messages, as well as the ability to publish outgoing MT564 and MT565 messages.