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RECENT ORDERS
WHO? RNC GENTER WHAT? ASSET MANAGER CONNECT
become one of the first FIs to deploy Asset Manager Connect from Fiserv. The web-based interface streamlines workflow process by providing a single point of entry for asset managers to communicate with managed account sponsors.
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“Historically, data aggregation and switching between sponsors in a multi-token environment created challenges for us,” says John Barry, Vice President, Operations, RNC Genter. “Asset Manager Connect changes everything. One easy to use tool aggregates rich data across the extensive sponsor network from Fiserv, providing simultaneous sponsor views, unified downloads, and a single file for cross-platform trading. Asset Manager Connect enables
WHO? SMBCE WHAT? CLUSTERSEVEN TECH
umitomo Mitsui Banking Corporation Europe is deploying an End User Computing (EUC) governance platform from ClusterSeven to enable it to understand its EUC (spreadsheets, databases and financial modelling tools) landscape, identify where the risks lie and institute the necessary automated controls to mitigate them. This is driven by the ever-growing reporting requirements stipulated by Common Reporting (COREP), the reporting framework issued by the European Banking Authority for the Capital Requirements Directive; and the Sarbanes Oxley Act of 2002, among many other Prudential Regulation Authority directives.
S
The ClusterSeven framework will be centrally deployed in the Risk Management department and rolled out to users across the bank. “This approach to EUC control will enable us to help control the bank’s residual risk,” says Keith Haylock, Assistant General Manager, Risk Management Department at Sumitomo Mitsui Banking
NC Genter Capital Management has
managers to work and scale with much greater efficiency. We’re pleased to be an early adopter of this exciting Fiserv technology.”
“The scalability, ease of use, and simplicity of the Fiserv solution is extremely impressive,” adds Daniel J. Genter, President and CEO. “We are able to take on SMA sponsor relationships, regardless of size, secure in the knowledge that Fiserv technology will effectively manage that growth. The flexibility of the Asset Manager Connect infrastructure allows us to add additional business and increase volume while maintaining the excellent service levels our sponsors and clients have come to expect.”
Scott Thompson
Corporation Europe. “As the burden of regulatory reporting has grown, so has the use of EUC applications in the organisation. The number of reports we need to submit have increased from 20 to nearly 200. An understanding, visibility and control of our EUC landscape is vital. The ClusterSeven solution will assist us with our own internal business risk management and governance, and in complying with the regulatory mandate.”
Scott Thompson
www.ibsintelligence.com © IBS Intelligence 2016
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