Aviva Investors (formerly Morley Fund Management), one of the largest active asset managers in the UK has gone live with 4sight's Securities Finance software solution for its Securities Finance business.
Aviva had previously been using a system supplied by one of 4sight's competitors and the implementation involved the migration of data and changeover from the legacy system, in addition to interfaces between several third party systems and 4sight Securities Finance.
"We were very pleased with 4sight's responsiveness to our needs during the smooth rollout of the software and transition from our legacy system", comments Sarah Nicholson, Aviva's Head of Securities Finance. "4sight Securities Finance will enable us to increase efficiency through greater automation of our business and allow us to adapt to the requirements of the Securities Finance industry as they evolve."
Judith McKelvey, 4sight Sales Director says, "We are delighted with the success of this project, particularly as it involved the replacement of a competitor's system and look forward to offering continued technology support to assist Aviva in enhancing its business offering."