Groupama Asset Management, a large French asset manager with €88.8bn assets under management (AUM), has selected Fidessa LatentZero’s Sentinel to automate real-time pre- and post-trade compliance of its mutual and institutional funds, and to help it meet the requirements of regulators and client mandates.
The company selected Sentinel because it met essential functionality requirements such as incident management (detection, monitoring and resolution), and audit trail and reporting. Additional key factors were Sentinel’s high interoperability with third-party systems, (particularly for real-time pre-trade checks on orders), comprehensive pre-configured rule libraries (including UCITS III), and its ability to handle a large number of portfolios and rules with no loss of performance.
Yann-Hervé Beulze, head of compliance and risk at Groupama, said: “In today’s highly regulated and fast-moving environment, it is crucial to have dedicated technology in place to allow our people to deliver the best value to clients. Sentinel satisfied our functionality and technology requirements. It was also important for us to partner with an established and reputable vendor in the region, making Fidessa LatentZero the clear choice.”
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