Petercam has been successfully using Sterci’s KEYdata for reference data management since January 2008.
KEYdata is used by the Petercam Group for centralizing reference data on market instruments.
The data received from various sources is controlled,validated and sometimes aggregated before being published on their TibcoRV middleware that connected all front-to-back business applications.
“After assessing three solutions, KEYdata has come out on top as the mostcomprehensive solution, enabling Petercam to handle multiple sources ofdata and to extract the data from the back-office application for centralized management. The main objective was to fulfil the data requirements used by front-to-back business applications. The project approach and the business expertise of Sterci in this field was key facing this challenge and has enabled us to meet the tight timelines in order to comply with MiFID and Belgian securities dematerializing,” says Philip De Ridder, board member, Petercam.
“We are delighted to work with Petercam as a solution partner for their strategic project. Thanks to KEYdata, we have built a centralized master file for reference data management. KEYdata is a key component of their information system for achieving STP and reducing operational risk. The next stage is the implementation of STEMATCH for cash and securities positions reconciliation and exception management,” adds Etienne Savatier, marketing director, Sterci.