SS&C Technologies Holdings has launched a middle-office service for complex investment portfolios called GoTrade+.
GoTrade+ supports post-trade activities of complex traded transactions, including bilateral and cleared OTC derivatives, listed derivatives, loans and other securities. It receives trade data from front-office systems and delivers post-trade life cycle support, valuations, collateral management, cash services, accounting, reporting and data delivery.
The service can be utilized by asset managers, corporate treasuries, banks, insurance and pension companies.
Many institutions who use complex trades such as OTC derivatives dont want to build the infrastructure to handle post-trade activities, says Jon Anderson, managing director of SS&C. This is where we step in. We share our technology and expertise with our clients to provide comprehensive, independent, Web-based transparency on traded portfolios.
GoTrade+ uses Web-based technology, providing clients with real-time access to their trade data and statuses.
(CG)