Sentinel selected by?Nomura
01 June 2011 Tokyo
Image: Shutterstock
Nomura Asset Management has gone live with Sentinel, Fidessa’s investment compliance solution for the buy-side. Nomura Asset Management will use Sentinel as its new tool for investment compliance and guideline monitoring.
Fidessa's Sentinel is a compliance solution for institutional investors that automates real-time pre- and post-trade compliance for mutual and institutional funds, and helps businesses meet their requirements for regulators and client mandates. Sentinel is a core module of Fidessa's LatentZero suite – a complete set of front-office solutions for institutional asset managers. The product is used by around 100 institutions, including many of the world’s top asset management companies.
Sentinel features high-performance data processing capabilities to handle the huge transaction levels of large asset managers, sophisticated functionality and a user-friendly GUI fine tuned for compliance users. Fidessa already has a strong track record for supporting domestic sell-side clients and projects in Tokyo and is committed to do so for the domestic buy-side community in Japan also.
Ian Chilton, chief executive of Fidessa in Japan, commented: "It is our great pleasure to announce that Nomura Asset Management, our first domestic buy-side client, has successfully gone live with Sentinel. Having completed the initial phase of the roll-out, we are now moving into the next phase of the project by expanding the coverage of asset classes. Fidessa is committed to move forward with solutions for the Japanese buy-side marketplace by providing extensive product localization of our LatentZero suite and also by reinforcing our internal structure to support domestic buy-side clients."
Fidessa's Sentinel is a compliance solution for institutional investors that automates real-time pre- and post-trade compliance for mutual and institutional funds, and helps businesses meet their requirements for regulators and client mandates. Sentinel is a core module of Fidessa's LatentZero suite – a complete set of front-office solutions for institutional asset managers. The product is used by around 100 institutions, including many of the world’s top asset management companies.
Sentinel features high-performance data processing capabilities to handle the huge transaction levels of large asset managers, sophisticated functionality and a user-friendly GUI fine tuned for compliance users. Fidessa already has a strong track record for supporting domestic sell-side clients and projects in Tokyo and is committed to do so for the domestic buy-side community in Japan also.
Ian Chilton, chief executive of Fidessa in Japan, commented: "It is our great pleasure to announce that Nomura Asset Management, our first domestic buy-side client, has successfully gone live with Sentinel. Having completed the initial phase of the roll-out, we are now moving into the next phase of the project by expanding the coverage of asset classes. Fidessa is committed to move forward with solutions for the Japanese buy-side marketplace by providing extensive product localization of our LatentZero suite and also by reinforcing our internal structure to support domestic buy-side clients."
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times