Alveo and Upskils collaborate on market data management solution
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Alveo and Upskils collaborate on market data management solution 26 April 2021UK Reporter: Maddie Saghir
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Alveo, a market data integration and analytics solutions provider for financial services, has partnered with Upskills, a Murex consultant for the financial markets, to address market data aggregation, quality management and analytics challenges.
The partnership will include improving the data quality of reference data, valuation data and risk factor data fed into Murex and other trading and risk systems.
It will also enable business user self-service through data access, closing the gap between data management and analytics, helping to control the cost of market data.
According to Alveo, users will also be provided with enhanced features to understand data quality and automating the end-to-end data acquisition, verification and distribution process.
The partnership combines Upskills’ human capital and Asia Pacific market expertise with Alveo’s data quality management expertise to deliver solutions to not only Murex users, but to all financial markets participants across Asia.
Thong Tran, CEO of Upskills, says: “We help banks and financial organisations to deliver projects efficiently and reduce time to market. Our service offerings cover the entire lifecycle of financial technology transformation projects: be it a greenfield implementation, an extension or an upgrade.”
Tran notes: “We are delighted to partner with Alveo and put its award-winning technology to use to help our customers meet today’s and tomorrow’s challenges.”
Mark Hepsworth, CEO of Alveo, comments: “We are pleased to partner with a firm of Upskills’ capabilities and reach. At Alveo, we focus on innovating the entire market data management process for financial services including, for example, for market risk, valuation, finance, analytics and scenario analysis requirements.”
“We look forward to collaborating with Upskills from our Singapore office to service both new and existing customers across Asia,” adds Hepsworth.
Alveo, previously known as Asset Control, was rebranded in December 2020 with the new name reflecting the company's evolution to an integrated financial data management and analytics cloud services business.
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