Software application development platform Genesis Global today announced the launch of the web version of its multi-asset class middle-office solution, Trade Allocation Manager (TAM).
TAM provides a robust foundation for operational efficiency and regulatory compliance through a centralized application that automates trade matching, allocation, confirmation and other middle-office processes for equities and fixed-income products.
The TAM web application is a scalable, cloud-native solution that integrates seamlessly with other web services, reduces deployment costs and improves updates and maintenance cycles.
Built on the Genesis Application Development Platform, TAM continuously evolves through the steady stream of technology innovations and enhancements deployed by Genesis. Advances in platform componentry drive upgrades in TAM for data visualization, alerts, document management and other functions. Innovations in the platform’s AI service layer produce new TAM capabilities for data analytics, data processing and exception management.
New platform features for customizing user interfaces create more options for configuring TAM, based on user preferences.
“Our platform-driven architecture gives us unique ability to respond to major industry changes like T+1 and also continuously update the features and configurability of TAM,” said Niketta Postlethwaite-Williams, senior product manager at Genesis Global. “The steady stream of innovation in the Genesis platform delivers an expanding array of functional and business componentry, AI-driven services and UI tools from which we draw to make TAM a modern and adaptable middle-office solution. With the web version, clients benefit immediately from the capabilities we add to TAM.”
“Bringing all asset classes, markets and regions into a centralized middle-office solution is one of the most important things a firm can do to improve operational efficiency and enhance its compliance posture,” continued Niketta Postlethwaite-Williams. “Having a single, unified middle office also positions financial firms to benchmark their post trade processes. TAM provides extensive metrics for performance analytics.”
