Fiserv (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced the release of Investment Management Solution (IMS) version 5.6, a trading solution that supports the entire trading process from account screening and portfolio validation to order generation and trade execution.
The enhanced solution has 14 new features including enhanced capabilities to help clients manage trading risk metrics, new cash handling resources and additional tools to aid in the trading of Unified Managed Accounts (UMA). The new version will provide increased integration with its industry leading portfolio management platform, APL from Fiserv.
With improved APL integration, clients will be able to work seamlessly between Investment Management Solution and APL to conduct intraday account refresh, security master integration, enhanced restriction support and dynamic intraday security look-ups. Designed to meet the needs of the ever-changing managed accounts industry, Investment Management Solution supports investment managers through the entire portfolio management platform and can be used with APL or implemented as a stand-alone solution. By automating the trading process, managers are able to improve workflow, increase efficiency and reduce errors in the trading process.
"The latest version of the Investment Management Solution from Fiserv provides significant enhancements and expanded capabilities for our clients," said Cheryl Nash, senior vice president, Strategic Marketing and Business Development, Investment Services, Fiserv. "This represents a significant leap forward for managed accounts as it enables clients to leverage our APL network with our state of the art trade management and optimization solutions."