Interactive Data's Managed Solutions business has expanded the derivatives portal of Bank Sarasin & Cie, to provide an integrated system for the management and distribution of structured products. The portal is designed to provide comprehensive support for the issuing and selling of the bank's structured products and increase quality, flexibility and speed in the management of quote and master data.
The derivatives portal maps the lifecycle of structured products - from creation, to preparing and checking term sheets, supplying information to stakeholders in the market and managing corporate actions. Several Interactive Data applications, including a content management system for maintaining product master data are used in this process. Through the CMS, Bank Sarasin disseminates changes to the status of an instrument to users such as sales partners and data vendors. The portal is also designed to support the web-based Connexor distribution platform, a new online platform for compiling and disseminating reference data centrally in standardised format to the SIX Swiss Exchange.
Sign up to receive FREE Banking Technology news alerts straight to your inbox
Banks cannot afford to ignore Gen-Y. In a report, Catalysts for Change: The Implications of Gen-Y Consumers for Banks, Deloitte says Gen-Y could become the