Information Mosaic to Present on Eliminating Operational Risk in the Back Office at the 7th Annual Back Office Forum, Vienna
By Information Mosaic, PRNEMonday, May 10, 2010
Manmohan Singh, Head of Product Leadership, will Examine the Need for Business, Cultural and Technological Change to Remove Unnecessary Breaks and Reduce Risk in Post-Trade Processing
LONDON, May 11, 2010 - Information Mosaic, the global provider of post-trade
automation solutions, will attend the 7th Annual Back Office Forum, 11th -
12th May in Vienna, Austria, and present on eliminating operational risk in
the back office through a breakless approach to post-trade processing. At the
event, key industry participants from across Europe will gather to discuss
developments in back office operations management.
Manmohan Singh, Head of Product Leadership, Information
Mosaic, will examine the need for a holistic approach to business, cultural
and technological processes in the back office, removing unnecessary manual
intervention and reducing operational risk. The presentation will analyse:
- Risk elimination as a prerequisite for operational excellence; - The role of STP in risk reduction; - Significantly reducing risk by eliminating manual intervention; - Control measures for ensuring compliance and efficiency in the back office.
The recent financial crisis and the resulting focus on
regulations have reinforced the need for the securities industry to examine
back office operations. Calls for increased transparency and reduced risk
mean that firms are now looking hard at how to streamline processes and
reduce the need for manual intervention.
Manmohan Singh will be speaking at 15.10 on 11th May for the
session: Eliminating Risk at the Back Office Level: A Breakless Approach and
will be available for interviews prior to and after the session.
About Information Mosaic
Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities industry, to include custody, asset
servicing, private wealth, asset management and investment banking. The
company is a recognized market leader for corporate actions automation,
winning the 2009 European Banking Technology Readers' Choice Award for best
corporate actions solution and achieving record scores in B.I.S.S. 2009
corporate actions benchmark tests.
Founded in 1997, Information Mosaic currently supports the post-trade
operations of over 60 financial institutions worldwide. The company has a
proven track record of helping financial institutions transform post-trade
operations, enabling them to enter new markets, improve customer service and
reduce the risk and cost associated with volume and complex processing.
Information Mosaic's breakless post-trade automation platform removes
reconciliation points and therefore reduces risk and cost for all core
post-trade services including corporate actions, securities settlement,
trade, portfolio and cash management.
The company supports its global customer base from offices in Dublin,
London, Luxembourg, New Delhi, Singapore, Melbourne and New York.
For more information visit: www.informationmosiac.com
For further information: Nicola Garvin +44(0)20-3100-3586 informationmosaic@metia.com
For further information: Nicola Garvin, +44(0)20-3100-3586, informationmosaic at metia.com
Tags: Austria, Information Mosaic, London, May 11, United Kingdom