Altus products are dedicated to managing the exchange of instructions between financial services organisations. We recognise that a successful solution requires much more than simple message transmission. Our products handle the entire instruction lifecycle from creation and approval to settlement and reconciliation.
Please see our products range for further details.
The migration of existing investments is absolutely key to achieving the promised value of a platform and there has been much debate around the process of transferring client assets. However, new legislation and technical standards that have paved the way for electronic re-registration of assets are only part of the answer and platform providers need to address a host of other practical challenges before adopting new practices.
Read more...Funds trading in the UK is quite a tangle of competing networks and message standards. Everyone who sends and receives fund orders wants a well controlled and highly efficient operation but this is impossible without first establishing a single common trading process.
Read more...
The recently agreed ViaNova market practice has introduced electronic dealing to the corporate pension investment process. With £1.6 trillion of pension fund assets under management and a dealing process still relying on faxes and paper archives, a change is long overdue.
Read more...The recent announcement of the UK Platform Group to adopt ISO 20022 for platform to platform re-registration is the latest in a series of successes for the international standard. The promise of a universal financial industry message standard may not be so far fetched.
Read more...HMRC is aiming for universal electronic delivery of business returns by 2012 and for many reporting regimes e-filing is already mandatory. Whilst many view this as an additional regulatory burden, some are seizing the opportunity to streamline processes and improve data security.
Errors in unit prices can be very expensive. Compensation levels depend on the margin of error and the volume of trades but costs in excess of $10M from a single error have been known. The risk is exacerbated by increasing complexity in the form of multi-national assets, intra day valuation points and ever more exotic asset types and fund structures.

"During our evaluations, it became clear that the broader view that Altus have taken of STP, the breadth of functionality provided by their product and their STP roadmap for the future made them the ideal partner for us."
Mark Adamson, Client Director at JLT
Copyright © 2012 Altus Limited