Interactive Data Corporation, a provider of financial market data, analytics and related solutions, announced that its Managed Solutions business has expanded the derivatives portal of Bank Sarasin & Cie AG, a Swiss private bank, to provide an integrated solution for the management and distribution of structured products. The portal, at www.saraderivate.ch, is designed to provide comprehensive support for the issuing and selling of the banks structured products and increase quality, flexibility and speed in the management of quote and master data.
The derivatives portal maps the lifecycle of structured products from creation, to preparing and checking termsheets, supplying information to stakeholders in the market and managing corporate actions. Several Interactive Data applications, including a powerful content management system (CMS) for maintaining high-quality product master data are used in this process. Through the CMS, Bank Sarasin disseminates changes to the status of an instrument to users such as sales partners and data vendors. The portal is also designed to support the web-based CONNEXOR distribution platform, a new online platform for compiling and disseminating reference data centrally in standardised format to the SIX Swiss Exchange.
The expanded derivatives portal builds on an initial solution designed by Interactive Data in 2007. The portal has been enhanced and upgraded since its creation and now offers
a clear and easy-to-view presentation of product information, enabling investors to easily identify product types and investments that match their risk preference.
D.C.