Reference Data Management
eClerx provides a suite of data management services to industry participants on an on-going basis as well as by way of short term projects and through its advisory services. eClerx has strong domain knowledge in client (including KYC), product, pricing, and taxonomy data. For several customers, we have built a 24x5 processing hub which provides for better resource utilization, standardized metrics and control reporting, and a near zero defect execution. On a strategic level, eClerx has setup KYC programs, deployed request management workflow tools, setup and maintained internal golden source repositories, built links to third party utilities such as Omgeo Alert® and AVOX® to facilitate STP, and has developed reporting dashboards to change client behavior and optimally manage internal client SLAs.
Data is a strategic asset in financial services companies and investment banks. When it comes to managing data to drive the business, many firms are constrained by disparate and legacy systems. The recent financial crisis highlighted the importance of effectively managing data to navigate the business through up and down cycles. In our current environment, companies must be able to quickly process customer requests, identify holdings and positions, assess and adjust risk levels, maximize operational efficiency and control, and optimize capital – all while supporting regulatory and compliance needs. A consistent, correct, and current view of financial reference data will drive efficiency and insight while increasing day-to-day control. Our data services enable our clients to do everything from quickly trading on a new instrument, to complying with a spate of new regulations, to spotting suspect trader behaviour. To address these challenges, eClerx provides comprehensive data management solutions on-shore and off-shore.