SS&C Technologies, a global provider of financial services software and outsourcing solutions, today announced Banco Central De Reserva Del Peru (BCRP), in Lima, Peru, is live on SS&C's TradeThru software, the leading trade processing solution for commercial banks, central banks and corporate treasuries.
A client since 1999, BCRP previously used SS&C's Trading Assistant software to process their Treasury and Capital Markets activities before migrating to TradeThru. They have achieved immediate efficiency gains as a result and can now grow its business.
"The transition to TradeThru provides us new tools to enhance the efficiency of our daily operations control and allows us to satisfy most of our reporting needs based on the flexibility of its database new design," said a BCRP top official. "We've been an SS&C client for 8 years, and we've always found SS&C to be a great partner."
Jay Pila, Vice-President, Financial Institutions, SS&C Technologies, remarked, "TradeThru's depth of expertise across treasury and capital markets solutions was an important element in BCRP's initial selection decision. TradeThru's flexible Java functionality, easy-to-navigate screens, quick online help, comprehensive data archiving, and on-the-fly reporting offer BCRP the ability to help grow its business without significant middle and back office staff support."
TradeThru provides BCRP with a fully automated Front-to-Back-Office solution that processes BCRP's Securities, Money Markets, and Foreign Exchange instruments.