Press Release Summary:
Smart Financial DataHub provides market data management capabilities, security features, and multiple functionality modules for financial institutions. Data quality controls and series jumps comparison tools are offered for end-of-day as well as intraday prices. Golden copies generation module allows setup, without any coding, of multiple-source management with complex rules. Also, solution supports real-time requests and extracts of historical time series of various measures.
Original Press Release:
SmartCo Releases a New Version of Its Leading Enterprise Data Management Software
SmartCo, a leading provider of enterprise data management software for financial institutions, has released a new version of its Smart Financial DataHub (SFDH) solution that provides its clients with faster and more comprehensive market data management capabilities, additional security features and enhancements of key financial modules.
Market data management improvements:
The data quality controls and series jumps comparison tools already available for end of day prices have been extended to intraday prices. In addition, the golden copies generation module now allows the setup, without any coding, of multiple-source management with complex rules such as average value, matched sources, and any kind of selection or calculation rule.
Moreover, SFDH now allows for faster real-time requests and extracts of large historical time series of various measures and provides immediate results usable in statistical or mathematical applications.
Additional security features:
For enhanced control of manual data inputs, a "4 eyes" validation principle can now be activated on any data perimeter managed within the application.
To verify the consistency of data stored in the application, data quality controls can now be applied on the existing data.
In addition, to verify the consistency of data currently stored in the application, data quality controls can now be applied ex-post on the existing data sets.
New enhancements for the financial modules:
- Indices and Benchmarks Master File: this module manages the composition of filtered indices or benchmarks in addition to market index securities and composite indices or benchmarks.
- Corporate Action Management: this module for enabling storage and data quality management of corporate actions is now able to process the impact of corporate actions on securities characteristics using a fully user definable rules engine.
According to Thierry Zemb, SmartCo's head of product management,"Smartco is proud to deliver this new release of SFDH which will be instrumental in enhancing the quality and the security of the financial institutions' data management. In these challenging times, this is a priority for our clients".
For additional information about SmartCo, go to www.smartco.com