BNP Paribas’ Securities Services has launched new post-trade data management services to simplify the integration of multiple data sources into single ecosystems. The new capabilities are the result of a partnership with financial data technology solutions provider NeoXam, leveraging technology in the latter’s Investment Data Solution (IDS).
The services provide a holistic cross-asset class, multi-dataset portfolio view by consolidating public and private books and giving access to third-party data sources and external platforms. A modular approach is taken, driven by use cases, to deliver “pre-defined books of record to support clients’ operational processes, including performance and risk analytics, investment operations and client reporting”. The full end-to-end process of capturing, normalising, and transforming of data from a variety of sources is covered. Pre-agreed business rules are then applied to ensure the quality before the books of record are distributed.
Clients may further personalise the data that is captured through interactive self-service screens. Security and data privacy are reinforced by a dedicated client tenants set-up, which segregates the data from other clients.
