Wachovia Securities chooses IDS for performance measurement
Integrated Decision Systems (IDS) is pleased to announce its selection by Wachovia Securities, LLC to provide high-volume performance to the combined Wachovia/Prudential retail client base through CALiPER2™.
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
CALiPER2™ is a high-volume standalone performance calculation and reporting engine currently in production for millions of private accounts. Designed to accept thousands to millions of records daily from brokerage and trust accounting systems, CALiPER2™ provides accurate company-wide standards-compliant performance reporting for any investment organization within the tightest of processing windows.
"We are extremely excited to have been selected by Wachovia for this very important aspect of their client information services. Wachovia is an outstanding institution and we are honored to serve them," said Don Totter, CEO of IDS. "This is yet another great opportunity to demonstrate the power of our CALiPER2™ performance system. In the short time that CALiPER2™ has been offered to the marketplace, it has quickly been established as the leading product for providing client-centric performance information to large firms."
The Wachovia and IDS support teams have already begun the implementation process in order to support the new combined company in an aggressive time schedule.