Slib, a software publisher and Application Services Provider for the European financial services industry, has contracted IBM to help overhaul its IT infrastructure.
SLIB announces the launch of the new version of SLIB Settlement software, its international management hub for settlement instructions, intended for all post market players whether they are brokers, clearers or account keepers/custodians.
For a broker, the implementation of Best Execution for its retail customers often implies a complicated and costly project, due to the complexity of the required connections to the various venues and clearing houses and the necessary development of a SORS* adapted to the needs of these investors.
Slib unveils a brand new software platform: a modern and efficient middle office workstation for the brokers.
SLIB announces that SLIB CRMS, its Clearing Risk Management System, was selected by two major American banks to foster the development of their securities clearing activities in Europe and in Asia.
Since LCH.Clearnet SA launched its new state-of-the-art cash clearing system in December, the various members of the clearing house have been able to benefit from the high performances of this new platform.
PartnerWorld is an exclusive program by which IBM strengthens its relationship with commercial partners and contributes to their success by making their solutions better known among IBM's customers and other commercial partners.
Slib extends the market reach of its risk management platform Slib CRMS (Clearing Risk Management System) towards Asia, by connecting to the Hong-Kong CCP: HKSCC (Hong-Kong Securities Clearing Company) for the SEHK (Stock Exchange of Hong-Kong) market.
Slib provides its expertise to Private Banking players with an innovative offer: Slib Wealth Advisor.
SecFinex, the marketplace dedicated to securities borrowing and lending, has been successfully cleared by LCH.Clearnet SA since June 19th 2009 for the transactions on Belgian, French, Dutch and Portuguese stocks.
© Finextra Research 2013