Information Mosaic Achieves Record Scores in Corporate Actions Benchmarking by B.I.S.S Research
By Information Mosaic, PRNEWednesday, November 11, 2009
LONDON, November 12 - B.I.S.S. Research, the exclusive research company offering a
unique benchmarking of services and systems in the financial services sector,
today announced that cama(TM) from Information Mosaic has achieved the
B.I.S.S. 2009 Corporate Actions System Accreditation with record scores. The
industry panel were fulsome in recognising the all round strength of cama(TM)
to provide full corporate actions processing functionality.
Gary Wright, C.E.O., B.I.S.S. Research and creator of the
B.I.S.S. business benchmarking concept said "Each year as the benchmarking
boundaries continue to be widened and become even more comprehensive, to be
awarded with the accreditation is a real achievement by Information Mosaic
and the continuous enhancement of the cama(TM) solution has been a vital
component to Information Mosaic's success.
The task of gaining the accreditation was made tougher this
year than previous years by introducing a number of new benchmarking tests
covering regulatory, operational risk and client servicing, as well as
processing requirements for many different types of corporate event. But
cama(TM) has really come up trumps by attaining such a fantastic result and
it is a real 'feather in the cap' for Information Mosaic.
The B.I.S.S. Research benchmarking report which includes the
benchmark tests, the results and the analyst's view on Information Mosaic and
cama(TM) is freely available to financial services firms upon request.
The benchmarking showed that cama(TM) can bring terrific
operational efficiency, realistic risk reduction and improved compliance for
client protection and is an outstanding corporate actions system.
But it should not be forgotten that the benchmarking also
measures the vendor's knowledge and expertise in corporate actions and a very
high performance indicator was accomplished by Information Mosaic's corporate
actions team. We are delighted to see Information Mosaic once again setting
the pace."
Information Mosaic CEO, John Byrne, said "Information Mosaic
is proud to be honoured with B.I.S.S. 2009 Corporate Actions System
Accreditation. This demonstrates our continuing investment in our products
and our full commitment to the Industry. Our asset servicing solution cama is
the outcome of Information Mosaic's deepest business knowledge and expertise
to successfully address the most pressing issues facing the securities
industry. As the benchmarking has been extended over the years one key
measurement is the focus on delivering value to clients and ability to get
clients to production on time with a compelling, well tested solution. This
can only be achieved through well-defined complimentary services of product
consulting, training, testing and consistency of product roadmap. At
Information Mosaic we have aligned all these processes to deliver a world
class offering to our clients and are delighted to see these services
reflected in the B.I.S.S. benchmarking."
About B.I.S.S. Research
B.I.S.S. Research is an independent research company providing
training, advisory services, business benchmarking, Accreditation and
analysis of technology and services of suppliers in the Global financial
services industry. B.I.S.S. Research analysts are all from a business to IT
background with a long track record of procurement in the financial services
market place, which enables them to produce unique and valuable assessments
of technology and services and their value to the supplier and the market
place.
For more Information please visit: www.bissresearch.com
About Information Mosaic
Information Mosaic is the trusted global provider of advanced
custody, asset and wealth management solutions to the investor services
industry. Established in 1997, Information Mosaic has committed to a path of
continuous development and investment to provide market-leading global
corporate actions and custody processing solutions.
The company has a proven track record of helping its clients
improve efficiency on a global scale, enter new markets, win new customers
and reduce the risk and cost associated with processing large volumes. Its
global, end-to-end, corporate actions solution, cama(TM) is the 2009 winner
of Banking Technology Readers' Choice Award for Best Corporate Actions.
Information Mosaic supports clients around the world from offices in Europe,
North America and Asia-Pacific. Currently, six of the top ten global
custodians deploy Information Mosaic solutions worldwide.
For more information about Information Mosaic please visit:
www.informationmosaic.com
For further information contact: Andy Martinus / Kate Reid, Metia Ltd,
+44(0)203-100-3585/3617, andy.martinus@metia.com / kate.reid@metia.com
For further information contact: Andy Martinus/Kate Reid, Metia Ltd, +44(0)203-100-3585/3617, andy.martinus at metia.com / kate.reid at metia.com
Tags: Information Mosaic, London, United Kingdom