Altus

Altus Broadens the Scope of STP

14th Oct '10

Pension administrators using the Altus STP solution can now benefit from new features covering automated settlement, cash reconciliation, and fax transmission for fund managers yet to embrace ViaNova.

The Altus Instruction Gateway was launched two years ago and the hosted service version of the product has proved popular with third party pension administrators looking for comprehensive STP support at minimal cost. These latest extensions broaden the scope of the Altus offering and now covers cash processing and the ability to implement consistent investment processes regardless of whether particular fund managers support electronic trading with ViaNova.

Ben Cocks, Products Director at Altus, commented, “We’ve always taken a broad view of STP and this is yet another step in our products roadmap towards consistent, well-controlled and automated end-to-end processes. Ultimately this is about delivering greater efficiencies and further reductions in risk to pension administrators and to help them deliver market leading administration services to their customers.”
 

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