Financial!
'What?!'
Shut up!
Here we are. Here we go!
Corfinancial's Salerio selected by Man Group to migrate OASYS trade processing.
'Oh, it's a PR email. Nice one, boss!'
Ha! Christ.
[Some disembodied voices are easily pleased.]
Anyway ...
London, 28 June 2021 - Salerio, the post-execution trade processing solution from corfinancial, has been selected by Man Group, the global active investment management firm, to assist in their migration from the OASYS™ US securities trade processing flows to the DTCC's Institutional Trade Processing (ITP) CTM™ (Central Trade Manager) platform.
Oh, okay.
Last year, DTCC announced that it would decommission OASYS™ on 31 October 2021.
Man Group has been automating key post-trade processes, including trade confirmation and settlement for international securities, for many years using Salerio. It was, therefore, the natural solution to manage the migrating US trade confirmation workflow.
Salerio provides seamless connectivity to DTCC's CTM platform and Man Group was able to manage the transition of US equity trades processing via OASYS to the CTM utility without the need for vendor support.
Well ... I'm lost for words. Seriously. 'Antonio isn't.' What? 'Antonio has got words.' And who the hell is Antonio, Voice, if you don't mind my asking?! One of your friends from the astral plane?' He's a Man Group man voice thing. He wants to speak to us.
Well, okay ...
Antonio Dos Santos, Head of London Investment Operations at Man Group, says: "We wanted to ensure the continuity of our centralized post-trade processing in light of the changes soon being introduced by the DTCC. With Salerio's rich workflow capabilities, the transition was a simple one and we moved most of our US equity traffic over to the Salerio CTM module with ease."
Right.
Uh.
Who's this now?! 'Dave.' Okay. Let's try him then. See if we can get some sense out of him.
Come on, son!
David Veal, Senior Executive - Client Solutions at corfinancial, says: "Our post-trade processing solution is intuitive, making it easy for clients like Man Group to manage their operations with confidence. During 2020, we enhanced Salerio to ensure that it fully encompasses the changes being introduced by the DTCC that allows the processing of both US and international post-trade securities through the CTM service."
Okay. Bye, Dave!
"Bye!"
'Is he not staying until the end of the week?' No. He's spoken to us, Voice, and that's it. Job done.
ENDS
But the Voice and I, dear reader(s) ... have more work to do. Yes.
...
Anything else?
Push-ups? Yeah, it's DAY FOUR of doing a hundred push-ups a day. There are characters on YouTube who do the thirty-day challenge or something. I don't know. It's bloody hard, man. 'How many have you done this morning, boss?' Forty. They weren't too bad. But by the time I get to - 'Phoenix.' Seventy. 'Oh.' That's when I feel like giving up.
More else?
No. There's nothing more else. I'll be writing a conceptual later.
So, laters!
