Pioneer Investments ist implementing LatentZero within a project called GISP, which is "a multi-year project working with various Pioneer business units to develop a standardized global platform for front-office operations including the ability to manage financial instruments and newly created funds by rationalizing the management of corporate data and securities registers".
Amongst the areas being set up is one called PFO (Pioneer Front Office), which takes care of the implementation of LatentZero for order management and investment compliance.
I wonder if the implementation in Germany will work as expected, since this is the first implementation of LatentZero in Germany. And the German investment restrictions are most likely the most complex in the world.
Also, maintaining two rule sets for investment compliance (one for pre-trade in LatentZero and one for post-trade in SimCorp Dimension) can be a massive overhead.
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...you've found a bilingual blog, so please choose "English" or "German". The blog represents personal views on IT systems and consulting in the asset management and investment banking market and focuses predominantly but not exclusively on issues in German speaking countries, respectively countries with a German speaking sub-community (DE, AT, CH, LU, LI, BE, IT).
For more information about this blog check out the blog note: I-2008 or all blog notes
For more information about this blog check out the blog note: I-2008 or all blog notes
Wednesday, August 20, 2008
Pioneer Investments implements LatentZero
Posted by Ronald Knecht at 7:17 PM
Labels: Compliance, English, Germany, LatentZero, Order Management, Pioneer Investments, SimCorp, USA
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