Exclusive: Archer integrates salerio solution for post-trade processing
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Exclusive: Archer integrates salerio solution for post-trade processing 03 April 2018Philadelphia Reporter: Jenna Lomax
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Archer has introduced salerio solution to its post-trade processing.
In recent months, Archer has integrated the salerio solution in the services offered to new and existing Archer clients with assistance from corfinancial, a London-based financial service.
Headquartered in the Philadelphia region, Archer has facilitated salerio’s post-trade processing, reporting, and alert tools.
Trades of investment firms representing $42.7 billion assets under management are facilitated through the salerio-enabled Archer trade settlement solution.
The Archer trade settlement dashboard provides clients with transparency to intraday trade status and counterparty efficiency.
Salerio automates the trade process that matches trades for US domestic and international markets and provides visibility on a single dashboard.
Bryan Dori, CEO of Archer, said: “Broadening salerio’s impact on the Archer ecosystem has been an important strategic project for us.”
He added: “The effort has helped us to speed up our client onboarding, reduce operational risk and, most importantly, efficiently scale our global trade processing operations.”
Bruce Hobson, global head of salerio and CFO at corfinancial, commented: “Archer is a key player in the US securities services industry, with the only cloud-based, multi-channel platform on the market.”
“Salerio is a significant component within Archer’s ‘selective outsourcing’ model, an Archer-exclusive innovation that allows managers to customise a solution by selecting only those services needed. We are therefore delighted to contribute to the success of such an innovative asset servicing firm as Archer.”
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