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Wall Street Systems integrates Copp Clark Professional holiday reference data

03 January 2006  |  2383 views  |  0 Source: Wall Street Systems

Wall Street Systems, Inc., a leading provider of global treasury and capital markets solutions and services, today announced that it has completed testing of an integrated solution with Copp Clark Professional (CCP), the leading publisher of trading and settlement calendars.

The integration will enable clients of Wall Street Systems to easily load CCP holiday calendars into The Wall Street System treasury and capital markets engine to give a reliable source of holiday data for the financial markets.

With increasing focus on operational risk due to external regulation such as Sarbanes Oxley and Basel II, reliable and secure reference data is essential to ensure the integrity of trade and settlement dates used within trading operations and transaction processing systems. This integration ensures that this area of reference data, including holiday calendars, can be reliably maintained. Under the new arrangement, clients of Wall Street Systems can be assured of the quality and accuracy of holiday calendar data and reduce the cost and effort associated with verifying good business dates.

Mike Thrower, director of marketing for Wall Street Systems, said: "Our clients will benefit from a comprehensive view of holiday data which increases trading efficiency and reduces risk and complexity for trade processing. Wall Street Systems remains committed to providing the highest quality services to our global customer base with this new enhancement."

Ron Marr, publisher at CCP, said: "Our collaboration with Wall Street Systems is an ideal partnership for us and offers new opportunities for our data products. Working with Wall Street Systems we were able to quickly develop and deploy the solution, providing Wall Street Systems clients with an effective method for addressing their needs in this area of reference data."

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