18 February 2018
visit www.ebaday.com

Princeton Financial Systems ships data manager

02 December 2009  |  1817 views  |  0 Source: Princeton Financial Systems

Princeton Financial Systems (PFS), a leading provider of investment accounting, investment compliance, data management, performance measurement and reporting solutions to the global investment industry, today announced the availability of MIG21 Data Manager.

The new module for MIG21, PFS' award-winning investment compliance solution, provides data editing and maintenance functionalities to improve data quality and help minimize data-related compliance errors.

MIG21 Data Manager enables users to centrally maintain and add missing or incorrect compliance data such as fund or asset information, ratings as well as issuers and to easily configure new structured products or other asset classes. MIG21 Data Manager thus minimizes the time-lag between data changes, their correction in the back office system and subsequent upload into the compliance server. In combination with the Bloomberg Data Feed Connector Bloomberg data can be automatically imported to keep market data updated.

Sophisticated data override capabilities ensure that any automatically imported data overwrites manual data changes only according to pre-set rules. A maker/checker principle together with a full audit trail for all manual data changes ensures maximum data security of PFS' new MIG21 data management solution. The solution also provides statistics for data imports. MIG21 Data Manager has been designed to work with MIG21 6.1 and above.

Hubert Gries, Product Manager Compliance and Order Management at PFS, emphasizes: "Many compliance officers struggle with data-related compliance errors: the back office system may not deliver all data needed for the compliance check, certain master data such as issuer information are either missing or incorrect or market data might not be current. The new MIG21 Data Manager is designed for this need. It is the first data solution that facilitates and accelerates data management in the compliance system to avoid errors during the check run. Together with MIG21, the solution caters perfectly to the growing demand in the market for a secure, future-proof and user-friendly solution to efficiently manage any kind of compliance information."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.ebaday.comvisit www.nextgenbanking.co.uk

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10762 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8428 views comments | 15 tweets | 42 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8150 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7878 views 3 | 9 tweets | 4 linkedin

Featured job

Hong Kong, Asia-Pacific

Find your next job