Protegent

SunGard's Protegent solutions for compliance, suitability and new account opening help retail and institutional investment firms oversee business processes relating to client acquisition and suitability, including Know Your Customer and OFAC list checking, as well as employees' personal trading and code of ethics, while helping reduce expenses and address regulatory requirements. Protegent supports supervision and practice, helps streamline the compliance life cycle, proactively monitors trades and provides comprehensive auditing and reporting.

Hermes to Implement Cadis EDM Suite

Hermes Fund Managers (Hermes) has signed a new deal to implement the Cadis EDM Suite. Cadis will serve as the central data management platform across all of Hermes' operations.

The Cadis EDM Suite manages and enriches the complex data required to feed order management, compliance, accounting and risk systems in a consistent, controlled environment. The system has gone live at Hermes in less than three months from signing the deal.

Philip Keeler, Head of Operations & IT at Hermes said: "The Cadis solution was selected following a very successful proof of concept to validate the capability of the product and the initial implementation has been rapid. We are undergoing a major business transformation that involves the development of a new operating model covering all areas of Hermes' business. Cadis will become a core component of the new operating model, supporting both reference data management and acting as a central data hub to manage the flow of data between all the new applications being implemented. Cadis Software was the only company that could deliver a solution to meet our demanding requirements and be up and running in a very short timescale. We also anticipate a quick return on the investment."

Daniel Simpson, CEO of Cadis Software added: "Hermes' decision is testament to our commitment and consistent delivery of EDM solutions in a timely and cost effective manner."

LatentZero

LatentZero from Fidessa is used asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.

Fidessa

Fidessa group is a supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy-side and sell-side globally. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero products are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.