Union Investment, one of Europe's leading asset managers, has successfully added the OTAS platform to its portfolio management process.
OTAS Technologies is a decision support partner to the world's largest global institutions. OTAS delivers intelligent decision support through a secure provide cloud platform, adding to Union Investment's trading processes.
Union Investment marks OTAS Technologies' rapid expansion into Germany, joining the already established UK, Asian and US client base that includes Franklin Templeton, Fidelity, Kames Capital and GLG Partners.
The OTAS platform monitors the global stock market in real-time, and alerts traders and portfolio managers of potential opportunities and risks that are relevant for the user, through artificial intelligence and big data analytics. OTAS is delivered through a secure cloud straight to the user's desktop or mobile, integrating into existing applications.
"The Traders in my team are being more involved in the investment process as a whole and deliver trading-related market intelligence to our portfolio managers. It is an essential element of our daily service to highlight increased risks or opportunities before executing our portfolio managers' orders. Greater focus on trade entry and exit points, while highlighting immediate risk across key market observables is essential to improving performance. Our traders are also fully utilising OTAS Trade Shaper in achieving best execution," says Christoph Hock, Head of Trading at Union Investment.
Tom Doris, CEO of OTAS Technologies, said, "Our goal is to ensure that we are able to deliver technology that provides our customers with dependable systems that offer the most relevant market data. Union Investment devotes extensive care and expertise in developing its services across various asset classes. By implementing OTAS, Union Investment will have additional instruments to streamline their workflow and to make timely decisions. We are pleased to be supporting their trading process and introducing the OTAS platform to the German market."