This strategic collaboration with FINARCH and Simcorp have positioned the Canadian National Investment Division for continuous advancement through a six-month upgrade process
The firm says that this project will create a unified, cloud-based environment for reconciling investment and accounting records across 20 administrators and multiple asset classes
The new general ledger capabilities extend the firm’s portfolio management system by embedding period accounting and financial statement reporting directly into the investment platform
Fenergo aims to deliver a range of benefits to Gen II including automated onboarding that reduces friction and accelerates fund closings through direct integration with AML and KYC processes
CLSNet standardises and automates post-trade matching and netting processes, delivering risk mitigation, liquidity optimisation, and operational efficiencies for currency flows
The collaboration enables both firms to offer their clients access to expertise across regulatory compliance, class actions, and withholding tax recovery
The new service enables market participants to further utilise Post Trade Solutions’ optimisation technology to trade in and out of market risk, increase liquidity, and reduce transaction costs