Biss Research, the exclusive research company offering the elite industry accreditation of systems & services for the financial services sector, today announced that Information Mosaic has achieved the Biss 2011 Corporate Actions System Accreditation.
The criterion for Accreditation continues to rise for participating vendors and this year's benchmarking process was no exception as 5 new information categories, requested by Industry users were added to the B.I.S.S. RFI. Information Mosaic and IMActions continued to excel and score highly in the majority of the benchmarks. Praise was given for the technology and development methodology that stands behind the IMPlatform, which includes IMActions™, with its modular design that provides buyers with flexibility and scalability. Information Mosaic was also commended for its high levels of customer satisfaction and certified training programmes. The resulting analysis and benchmarking results will be freely available to employees of regulated financial services firms in the Accreditation Report available from the B.I.S.S. Research website after Sibos.
Gary Wright, C.E.O., B.I.S.S. Research and creator of the B.I.S.S. Accreditation said "This year the Corporate Actions benchmarking and analysis looked beyond the processing functionality into the overall make up of Information Mosaic. We found a software company developing new functionality, taking it beyond corporate actions processing. We are certain that the IMPlatform is going to become a major source of modern functionality to many operational areas providing many different technology solutions. We were impressed with Information Mosaic's plans and believe it will continue to build on its position as one of the world's premier suppliers of solutions for various operational areas in the future. The recent move into setting up a Wealth Management outsourcing business is sure to prove a good one and we will watch its development in this area closely. We congratulate Information Mosaic and all its employees for a job very well done and for achieving the B.I.S.S. 2011 Corporate Actions Accreditation with flying colours. "
John Byrne, Information Mosaic's founder and CEO, commented, "We are very plpleased with the high scores and recognition that our corporate actions solution, IMActions™, received in this year's B.I.S.S. Accreditation Report. With the heightened benchmark criteria, the company continues to achieve high scores, which tells us that we have designed a dynamic solution that meets current, as well as future market requirements. For us, it has always been about combining outstanding solutions with genuine insight to deliver real business value to our clients."