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

PaceMetrics and Nimbus Partner to Offer Financial Institutions Improved Operational Control

Subscribe to our newsletter

PaceMetrics, a global provider of process driven enterprise data management solutions and business process management (BPM) provider Nimbus, today announced a partnership that offers financial institutions the combined benefit of their complementary products and expertise. Their alliance couples the process clarity delivered by Nimbus Control, with the real time delivery of transactional information by PaceMaker, to offer increased visibility and control of critical business operations such as trade settlement, payments processing and regulatory reporting.

PaceMetrics’ Pacemaker application provides financial institutions with the monitoring tools and operational dashboards necessary to accomplish global process consistency, better compliance and transparency. Nimbus Control is an enterprise business process improvement solution that captures, manages and deploys operational processes to mobilise the entire workforce in business process excellence, efficiency and compliance. In combination PaceMetrics and Nimbus offer clients a complete solution for defining, monitoring and optimising their operational processes to address important business issues, such as increasing trade volumes, declining margins, operational cost pressures, regulatory demands for process transparency and diverse client demands.

Gerry Giblin, CEO of PaceMetrics, commented: “Our products complement each other, with a combination of both companies’ core competencies and strengths. PaceMetrics offers financial institutions operational transparency and efficiency while reducing costs, optimising resource allocation, improved customer service and achieving and retaining regulatory compliance.”

Antony Bream, senior vice president, global head of Financial Services, Nimbus, commented: “We are excited about this partnership with PaceMetrics and have been working closely on this offering, which extends the reach of Nimbus Control to a wider audience. By integrating metrics and dashboards from PaceMaker into Nimbus Control we provide our clients a combined view of how the business operates from a business process perspective, together with real-time transaction and operational data accessible from this contextual view. The combination provides our Financial Service industry clients a complete capability for addressing continuous improvement of process, performance and compliance.”

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

The US Litigation Paradox: Why Passive Participation is the Key for European Asset Managers

In the second blog of our series on securities litigation claims, we look at how the complexity of fragmented legal jurisdictions globally often deters European asset managers from getting involved in litigation and argue that the simplicity of the US system may mean participation is easier than many European firms are aware of. Access the...

EVENT

TEST Event page 2

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

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...