East Capital selects VPD for security price validation

Source: VPD Market Data Centre

East Capital selects VPD Market Data Centre, part of the product series VPD Risk & Performance, to validate security prices.

East Capital is a leading independent asset manager specialising in Eastern European financial markets, with EUR 3.3bn in assets under management, both in public and private equity.

"For East Capital this solution is a mission critical system required to retrieve and validate security prices in order to provide research data and calculate daily fund NAVs. VPD Risk & Performance fully meets our requirements. For instance, it provides one central solution for price decision needs, including audit trail tracking", says Christopher Williams, Operations Manager at East Capital.

VPD Market Data Centre, together with the full product suite in VPD Risk & Performance, provides high quality, automatic and flexible solutions to asset managers. The focus is data quality, STP and consistent calculation of risk and performance. The data warehouse serves as golden copy for both static data and time series data.

"Using VPD Risk & Performance with its full STP concept and exception based processing of market data provides a robust and easily configured solution to manage routine tasks in a fully automated fashion. At the same time the users have full transparency and control of data. We are very proud that East Capital has chosen our solution to support their advanced pricing policy and methods", says Johan Lundman, Managing Director at VPD

Comments: (0)