FTI unveils StreetEnterprise version 6.2

Tuesday 2 December 2003 23:16 CET | News

Financial Technologies International (FTI), has announced the availability of the newest version of the core products that comprise StreetEnterprise.

With specific functionality enhancements and the introduction of additional features across all product areas, customers benefit from improved product performance, availability, recovery and scalability to support increasing volumes. The latest version of the separate core components of StreetEnterprise includes enhanced functionality that meets FTIs client needs. This includes some of the best-known names in the financial services industry, representing custodians, investment banks, broker-dealers, fund managers and clearing houses. The new features were unveiled at FTIs recent bi-annual User Forum held in London. This Forum gives customers a critical communication vehicle to shape FTI plans for future product releases that reflect the way they transact business and emerging market trends. StreetEnterprise version 6.2 continues the process of harmonizing the architecture and operating environment across all FTI applications, releasing the performance and scalability benefits of the underlying Oracle UIX framework. Key improvements include: - Web enabled interfaces to take advantage of the improvements in java based technology; - Improved graphical user interface tools to facilitate greater customer control over user screens; - New data management features designed to ease the selection, implementation and use of reference data throughout an organization; - A focus on exception-based processing to increase efficiency across the enterprise and reduce trade fails; - Enhanced reporting capabilities delivering a wide range of standard and customized reports for better operations and management assessment. By implementing the above, as well as a variety of processing, transactional and reporting features, FTI is delivering to its customers the ability to respond to the business driver for near real-time transaction processing and accessibility. The StreetEnterprise 6.2 architecture is designed to provide full enterprise level availability, recovery and scalability. The use of full Message Oriented Middleware (MOM) as the infrastructure for the products gives complete audit and control capabilities. StreetEnterprise addresses the needs of securities sub-ledger accounting (StreetBooks), reference data management (StreetReference), transaction life cycle management (StreetDirector) and corporate actions processing (StreetActions) from one single operating platform, underpinned by an industry leading data model (StreetModel.) This platform enables firms to bring together data from disparate sources in real-time and to streamline processes while reducing costs and operational risks.

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Categories: Payments & Commerce | Payments General
Countries: World
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