FINBOURNE has expanded its integration with Taskize with the aim of improving post-trade operational efficiency.
The firms say the partnership has enhanced external exception management and query resolution capabilities for organisations. This will shorten resolution times, reduce risk and human error, and increase efficiency.
Gus Sekhon, Head of Product at FINBOURNE Technology, comments: “The ability to configure and control complex workflows on the platform is a given; the next challenge is reducing resolution times for intraday breaks in their book of record and this enhanced integration with Taskize does just that.”
James Pike, interim CEO at Taskize, adds: “Asset managers’ operations teams are at full capacity and cannot afford to be inefficient in their approach to exception resolution. Greater interoperability of post-trade platforms is essential to enabling staff to do more with their time, and the data generated will be invaluable to senior management’s strategic decision-making.”
The desire to improve efficiency comes in response to the implementation of the shorter T+1 settlement cycles, introduced in North America in May.
