LONDON, April 22, 2010 /PRNewswire/ -- 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 Information Mosaic, the global provider of post-trade automation solutions and leader in corporate actions automation, is entering its corporate actions solution, cama(TM), into the B.I.S.S. Corporate Actions Benchmarking in 2010.
Gary Wright, C.E.O., B.I.S.S. Research and creator of the B.I.S.S. business benchmarking concept said: We are delighted that Information Mosaic has once again shown their commitment to the B.I.S.S. Accreditation. Over the years the benchmarking has mapped their wonderful success in the development of a leading corporate actions system, chosen worldwide by many different types of financial services firm, from asset management to custody. Annual participation has allowed B.I.S.S. to report on how Information Mosaic has continued to evolve its platform to resolve industry issues and greatly enhance corporate actions processing to incorporate flexible delivery models such as ASP. As we said last year, Information Mosaic really sets the pace for the industry. We are confident that their outstanding record will continue this year.
John Byrne, CEO from Information Mosaic said: The B.I.S.S. Accreditation programme has been an excellent way of raising the standard each year for corporate actions automation. We are confident our commitment to continuous investment and innovation in our corporate actions solution will maintain our position ahead of the curve. We remain committed to our core objective: to provide the industry's most flexible, functionally rich and robust solution on a single breakless platform - engineering out the unnecessary risks associated with reconciliation points.
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.
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 further information: http://www.informationmosaic.com Nicola Garvin +44(0)20-3100-3586 nicola.garvin@metia.com http://www.bissresearch.com Cathy Wright Tel: +44(0)207-549-3564 Email:cathy.wright@bissresearch.com
SOURCE: Information Mosaic
CONTACT: For further information: Nicola Garvin, +44(0)20-3100-3586,nicola.garvin@metia.com; Cathy Wright, Tel: +44(0)207-549-3564,Email:cathy.wright@bissresearch.com
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