17 August 2017
Find out more

AQR Capital Management goes live with Fidessa Sentinel

13 January 2014  |  1016 views  |  0 Source: Fidessa

Fidessa group plc (LSE: FDSA) announced today that AQR Capital Management, a global investment management firm, has implemented Sentinel, its award-winning compliance solution for the buy-side.

The solution automates trade compliance management across all of AQR's business, which currently includes over $90.2 billion in assets under management.

Sentinel features high-performance data processing capabilities to handle the huge transaction levels of large asset managers like AQR. The solution is renowned as the industry standard for pre- and post-trade compliance management and it benefits users by streamlining workflows and improving order validation speed. It also includes a real-time rules engine that helps AQR keep pace with new regulatory developments. The product is used by the world's top asset management companies, and it has won Best Buy-Side Compliance Product at the Buy-Side Technology Awards for five consecutive years.

Megan Costello, President of Fidessa's North American Buy-Side business, said: "These are trying times for asset managers. They face heightened levels of market complexity and unprecedented waves of new regulation, all while under pressure to reduce costs in a world of shrinking margins. In order to support our clients in such an environment, we have invested heavily in our buy-side products such as Sentinel. For sophisticated, high-volume quantitative shops such as AQR, an engine that could automate compliance and validate orders with speed across a range of different asset classes was something that only Fidessa could provide."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Fidessa group

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10280 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9644 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9501 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8471 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7950 views comments | 1 tweets | 2 linkedin