SmartCo releases a new version of its leading Enterprise Data Management offering

April 13, 2009 - PRLog -- SmartCo (http://www.smartco.com) releases a new version of its leading Enterprise Data Management offer


Smartco, a leading provider of enterprise data management software for financial institutions, has released a new version of its Smart Financial DataHub (SFDH) solution that provides its clients with faster and more comprehensive market data management capabilities, additional security features and enhancements of key financial modules.


Market data management improvements: The data quality controls and series jumps comparison tools already available for end of day prices have been extended to intraday prices. In addition, the golden copies generation module now allows the setup, without any coding, of multiple-source management with complex rules such as average value, matched sources, and any kind of selection or calculation rule.Moreover, SFDH now allows for faster real-time requests and extracts of large historical time series of various measures and provides immediate results usable in statistical or mathematical applications.


Additional security features: For enhanced control of manual data inputs, a “4 eyes” validation principle can now be activated on any data perimeter managed within the application.To verify the consistency of data stored in the application, data quality controls can now be applied on the existing data.In addition, to verify the consistency of data currently stored in the application, data quality controls can now be applied ex-post on the existing data sets.


New enhancements for the financial modules: - Indices and Benchmarks Master File: this module manages the composition of filtered indices or benchmarks in addition to market index securities and composite indices or benchmarks.- Corporate Action Management: this module for enabling storage and data quality management of corporate actions is now able to process the impact of corporate actions on securities characteristics using a fully user definable rules engine.


According to Thierry Zemb, SmartCo’s head of product management,”Smartco is proud to deliver this new release of SFDH which will be instrumental in enhancing the quality and the security of the financial institutions’ data management. In these challenging times, this is a priority for our clients”.

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SmartCo (http://www.smartco.com) offers a smart solution to the growing emphasis on data quality in the financial market. Smart Financial DataHub is an overall data management solution covering repositories for securities, third-parties, indexes and benchmarks, funds and mandates, as well as operational data including holdings and trades. These solutions are based on SmartPlanet technology, a complete solution for company IT architectural planning and a real technical nucleus for designing solutions that are integrated, focused on data quality, and able to meet evolving business requirements.

Simply, the SmartCo solution offers a high-performance, innovative and extremely flexible approach to tackling data quality issues, and its unique Rapid Application Development feature allows firms to develop and modify screens and workflows without writing a single line of code.