Fidessa LatentZeros compliance module Sentinel has taken the top prize of Product of the Year at the Buy-Side Technology Awards as well as being named best buy-side compliance product for the second year running. The awards, which are voted for by a panel of leading industry consultants, analysts and journalists, featured more than 120 entries this year, resulting in tough competition across all the categories.
We continue to invest significantly in delivering enhancements to the Sentinel compliance solution, to ensure that it is always ahead of both changing market conditions and customer demand, says Richard Jones, CEO of Fidessa LatentZero. Compliance has arguably never been of greater importance than in the current climate, and there can be no doubt that our product is fulfilling a vital role for our clients, and indeed their investors. This accolade is a reflection of the consistently strong performance of our product over recent years.
In customer performance tests, Sentinel continues to be proven to be significantly faster than products from rival vendors. In addition to pre- and post-trade compliance for listed assets, Sentinel has the capability to ensure compliance for OTC derivatives including accurate measurement of counterparty exposure. Sentinel comes with a comprehensive rule library that incorporates legislation from every major regulator around the world and is updated as and when new regulations come into force. Its intuitive rule builder enables non-technical users to construct a compliance rule and put it into production in minutes.
The Buy-Side Technology awards were presented at the Lanesborough Hotel in London on November 6, 2009.
D.C.