TradingScreen and MainstreamBPO join forces to offer full Straight Through Processing fund platform for Asia Pacific managers

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
12 December 2014

TradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, and MainstreamBPO Pty Ltd, a leading independent fund administrator inAsia-Pacific, have signed a partnership agreement to connect their systems to provide their common clients with front to back fund servicing. TradingScreen's TradePrime, its Execution, Order and Portfolio Management offering, will be integrated with FundBPO, MainstreamBPO's platform, and deployed toAsia Pacific asset managers to provide execution, order management and administration services. This will allow asset managers to outsource their entire trade management process (execution, compliance, risk, reconciliation and reporting) to the two partners. "In their quest for alpha generation and cost savings, asset managers continue to seek cutting-edge, outsourced multi-asset class solutions that cover the full trade life cycle. This partnership agreement has already been endorsed by our clients inAsia. It allows them to concentrate on trading and avoid lengthy and costly implementation," saysNathan Walker, Head of Sales South East Asia &Australia, TradingScreen Inc. "We are very pleased with our relationship with TradingScreen and the expansion of our value chain to include now full front office to back office fund services. By integrating with TradingScreen's TradePrime platform we are able to achieve complete straight through processing at an affordable cost to our clients," said FundBPO Chief Executive OfficerMartin Smith.

News article details

Media Type
Press Releases