International Business Machines (IBM) is rolling out two products meant to help private and investment banks improve their processing, trading and portfolio management systems.
The Armonk, N.Y., company will provide a front-office product that integrates a bank's order and portfolio management applications to provide a single view of a client's portfolios. This should eliminate redundant processes, such as multiple order entries or payment orders, IBM said Thursday.
The web-based performance measurement application will help banks calculate and analyze the performance and risk exposure of investment portfolios. It allows banks to look at a portfolio's performance from any start date to any end date within the last two years. The stand-alone application can take data from any external source and integrate it into a management system.
Be the first to comment on this post using the section below.