Financial Services
Datasheet: Financial Services
Increase Return on Information Assets
Information is the life blood of the financial services industry. Financial institutions that successfully integrate their disparate data by turning data silos into competitive information assets are the ones who will lead in this ever dynamic industry.
Composite Data Integration for Financial Services
Composite data integration overcomes financial instrument and product line data silos, delivering the real-time information required for effective customer acquisition and retention, risk management, operational cost reduction, and compliance.
By avoiding replication based approaches such as extracts and marts and by automatically configuring, not custom coding extensive, complex data integration routines, Composite lets financial services companies complete new projects four times faster and at one quarter the cost, all of which flows to the bottom line.
Composite Increases Return on Information Assets
Financial services companies, including five of the top six US investment banks, use Composite to provide the key data required in support of a range of strategic initiatives and business-critical projects.
- Prime Brokerage Reporting. Today’s financial services customers are more sophisticated and want information beyond just positions and trades – they want tools to help them optimize their portfolios, trading strategies, hedging strategies. Having the right information is critical to providing your customers with superior service. Whether for internal or external use, you need to create thousands of standard and customized reports that differentiate your offerings from those of your competition. Composite provides the data needed so you can to quickly and accurately build and modify the reports required to meet your prime customers’ ever-changing demands. Further, Composite’s high performance queries let you deliver tens of thousands of reports daily, giving your customers all the information the want, whenever they want it.
- Risk Management. Financial institutions must continuously monitor exposure to a range of risks including customer defaults, interest rates changes, and more. Aggregating a single view of institution-wide risk lets you better manage market, credit and operational risks. The single biggest obstacle to deploying a risk management solution is data: data quality, data availability and data access. Critical information resides in disparate systems: trading systems, portfolio applications, account systems, and more. Composite integrates this data, in real-time, helping you ensure timely, and accurate risk assessments.
- Mergers & Acquisitions. Financial services industry is the most dynamic industries on the globe. Mergers and acquisitions that enhance market position or add offerings are frequent. Cross-selling and cost reductions justify these strategic moves. However duplicate systems are a significant hurdle. Composite lets you virtually federate data from across these duplicate systems so you can gain merger synergies sooner.
- Financial Analysis and Trading. Typical financial institutions maintain multi-terabyte research databases. Financial analysts, using a variety of analytical and financial engineering applications, analyze this data hundreds of ways as they seek trading opportunities. Composite lets you provide a virtual data layer between your disparate financial research databases and your analytics. This abstracted layer simplifies and reduces analyst time spent on data access. As a result, your analysts spend more time performing the valuable data analyses that your traders and customers can leverage for greater profits.
- Compliance Reporting. Key regulatory initiatives from anti-money laundering to Basel II and Sarbanes-Oxley are a fact of life consuming an ever greater share of your IT spend each year. Because internal systems have been optimized for operations, not compliance, integrating the data needed from across these systems is often the biggest component in your compliance reporting costs. Composite quickly and easily federates diverse data from across your operational systems, leaving your operating data in place so you can avoid the extra costs that result from unnecessary data replication.
Financial Services Contact:
Che Wijesinghe, Director, Eastern Region
Composite Software, Inc.
East Region Office:
1230 Avenue of the Americas
New York, NY 10020
T/ +1.919.468.9763