Few subjects have been as in-focus lately as the front-to-back integration trend. PostTrade 360° Helsinki saw its details discussed between representatives of custodian BNY Mellon and system provider SimCorp.
The Wednesday afternoon session started in dialogue between BNY’s Paula Avraamides and Derrick Johns. Paula is managing director of global client management while Derrick is the bank’s head of front-to-back partnerships and integrations in the asset servicing business. They were then joined by Igor Gramatikovski, product manager and director of SimCorp.
Lacking integration between front-, middle- and back-office systems keep causing extensive manual work across investment operations. Cash transactions are a high-volume and high-risk example, where better flows can also bring evident business value.
A practical demo formed part of the session.
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