Investia, the financial services solutions company and developer of the Investia Javelin(tm) technology, have successfully become EMX compliant.
The Investia Javelin(tm) technology delivers complete end-to-end fund processing to support retail fund distribution, using EMX as the underlying mutual fund messaging platform.
Chief Technology Officer Ron Lay at Investia said, “The relative ease with which Investia met the trialling standards with EMX is testament to the technical and professional calibre of both partner organizations, as well as to the flexible and open-architecture design of our technology. Together we bring true straight-through-processing to the UK investment funds industry on a single technology platform.”
Investia Javelin(tm) concluded the EMX trialling phase in December 2002 and will be launched to the market in the 1st quarter of 2003.
Phil Wise, Chief Executive of EMX commented, “Investia proved to be an excellent company to deal with. They moved quickly and successfully through the trialling process and we look forward to our continued relationship.”