Financial IT vendor Wall Street Systems is to launch its Operations Control Manager module as an integrated part of its flagship treasury engine at this year's Sibos exhibition.
The new module provides a visual display of the transaction lifecycle, allowing users to monitor, control and process deals through every step of the trade process.
Mike Thrower, director of marketing, Wall Street Systems, says: "The Operations Control Manager is a valuable enhancement to our core system. Working alongside our existing matching and reconciliation capability, it will enable firms to quickly eliminate any obstacles to STP."
The application will allow events from Wall Street's treasury engine or external systems to be imported, processed and reported and will enable users to determine the workflow and incorporate exception management and escalation rules. Users will be able to view the details of each exception, process transactions, make enquiries and make configuration changes on screen.
Wall Street Systems says the new feature will help streamline operations as users will be alerted to any bottlnecks via an operations console. The application also features statistical data and MIS reporting. Transactions will be delivered to appropriate back office staff.
At this year's Sibos event, Wall Street Systems will also present its latest CLS functionality as well as STP solutions for all capital markets products - including structured derivatives and fixed income - and the most recent services from its outsourcing service provider SOCX, including application management, hosting and business process outsourcing.
Wall Street Systems is at stand 6036 at Sibos, staged this year at the Singapore International Convention and Exhibition Centre, from 20-24 October.