The company claims that its new solution will enable the UK and Ireland’s financial community to optimize and automate their clients’ multi-asset activities, from pre- to post-trade, in real-time, on single client accounts, and within a single business process.
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Delivered as a Software as a Service offering, the Tieto Securities solution will automate the entire trade lifecycle, from execution through to settlement, said the technology company.
Tieto Securities will also support full multi-asset class private client and institutional trading requirements, together with a real-time middle- and back-office.
Chris Gregory, Business Development, Tieto Securities, said: "The UK’s stockbrokers are faced with decreasing commissions and trading volumes, and growing costs. Tieto’s solution provides these financial institutions for the very first time with the ability to deliver excellent, personalized customer service, across all financial instruments, at every stage of the trade lifecycle.
"The system enables real-time, online customized client and regulatory reporting at a cost that makes sense for the business," he added.
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