COR STP Solutions, a division of COR Financial Solutions, the leading provider of STP solutions to investment managers worldwide, has won the SWIFTReady Gold label for the financial Enterprise Application Integration capabilities of its Salerio e2e STP solution.
Salerio e2e offers a truly integrated approach to transaction process management across all instrument types, including notification, confirmation, settlement and reconciliation. Operational efficiencies are maximised through prioritised, exception-based workflows. The product includes, as standard, a sophisticated middleware and workflow environment, which can either be deployed with Salerio e2e business applications or independently as a standalone financial EAI product.
Standard financial adapters are available off the shelf for a range of SWIFT connectivity options including SWIFTNet and SWIFTAlliance. The recent inclusion of FIX 4.4 processing means that Salerio e2e can now offer connectivity either directly to brokers or through the range of services already supported including OMGEO, SWIFT and the DTCC. The system enables messages to be received, validated, enriched and formatted, and then routed either to Salerio e2e business applications for further processing or to a wide range of external applications and services.
Salerio e2e already provides connectivity to many of the leading order management, trading and portfolio management systems in use today through its prestigious client base of investment managers.
Olivier Roucloux, lead analyst at SWIFT, said: "We are very pleased to award the SWIFTReady Gold financial EAI label 2003 to COR and are looking forward to another year of successful cooperation. “We have worked closely with COR and the Salerio e2e product for many years now and appreciate their willingness and ability to quickly deliver SWIFT ready solutions to our clients."
Chris Brooke, Business Development Director at COR Financial Solutions, said: "Salerio e2e has been providing advanced STP solutions to the Investment Management community for almost a decade. The SWIFTReady Gold financial EAI certification confirms our position as one of the leading providers of STP to this sector, with the ability to support the widest range of connectivity and messaging options."