Morley, one of the largest active asset managers in the UK has selected 4sight's Securities Finance software solution for its Securities Finance business.
Owned by Aviva plc, one of the world's major financial services groups, Morley was looking for a solution to replace its existing vendor supplied system and wanted a global, fully integrated solution for Securities Lending, Repo, cash and non-cash Collateral Management and Reporting.
"4sight Securities Finance was selected because of its scalability, support for both agency and principal lending and close fit with Morley's strategic vision for our Securities Finance business", says Sarah Nicholson, Morley's Head of Securities Finance. "We are looking forward to the implementation of the software and the operational efficiencies and benefits the system will bring both for Morley and our clients."
"We are delighted to welcome another well known financial institution to our customer base", Comments Judith McKelvey, 4sight's Global Sales Director, "We look forward to working in partnership with Morley's project team to deliver a successful implementation to an aggressive timescale."