Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Technology news
  3. Capco and AccessFintech partner over data workflow solution
Technology news

Capco and AccessFintech partner over data workflow solution


26 July 2021 UK
Reporter: Rebecca Delaney

Generic business image for news article
Image: Sikov/adobe.stock.com
Capco has partnered with AccessFintech to enhance the engineering and delivery of the latter’s data management and workflow solution.

The two fintech companies noted the importance of banks, brokers, custodians and buy-side firms ensuring they provide efficient technology platforms in the current competitive regulatory environment.

This can be difficult for some as legacy systems carry fragmented data and time-consuming manual processes, causing increased costs and liquidity risk. Therefore, it is also important for companies to modernise their internal systems and processes.

Capco and AccessFintech’s partnership aims to address this through joint engineering solutions to encourage faster workflow adoption and change management.

It will also assist companies to navigate challenges around operations and regulatory compliance, particularly the approaching Central Íø±¬³Ô¹Ï Depositories Regulation (CSDR) regime, Interbank Offered Rate (IBOR) reconciliation, pre-matching and settlements, and cash payment affirmations.

In the partnership, AccessFintech’s Synergy Network has capabilities to extend and enrich data, as well as synchronise workflow and enable technology-driven operations transformation for transaction lifecycle management.

Capco’s experience in transformation projects will streamline client operations integration with the Synergy Network.

Owen Jelf, partner and global head of capital markets at Capco, says: “By bridging the gap between legacy and modern systems, innovative solutions such as the Synergy Network accelerate those journeys and deliver cost effective and highly controlled rules-based process environments.â€

Boaz Zilberman, executive vice president of business development at AccessFintech, adds: “We are already successfully processing more than a billion transactions a month. Coupling Capco’s industry benchmark technology and operations change management and delivery expertise with our Synergy Network and platform is an important accelerator of our clients’ operation and technology transformation.â€
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ AccessFintech

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →