Sentinel met functionality requirements such as incident management (detection, monitoring and resolution), and audit trail and reporting. Sentinel’s interoperability with third-party systems, (particularly for real-time pre-trade checks on orders), pre-configured rule libraries (including UCITS III), and its ability to handle a large number of portfolios and rules with no loss of performance were the other factors that played key role in its selection.
Yann-Herve Beulze, head of compliance and risk at GAM, said: “In today’s highly regulated and fast-moving environment, it is crucial to have dedicated technology in place to allow our people to deliver the best value to clients. Sentinel satisfied our functionality and technology requirements. It was also important for us to partner with an established and reputable vendor in the region, making Fidessa LatentZero the clear choice.”
Georges Setrouk, regional sales manager of Fidessa LatentZero, said: “We are very pleased and honoured to establish this partnership with GAM. This new project will allow us to continue to strengthen our footprint and customer base in continental Europe, and France in particular, and we look forward to developing more lasting relationships in the region.”
Fidessa group is a supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions.
