Fidessa's Sentinel voted best compliance solution at the Compliance Register Platinum Awards
Buy-side compliance service scoops second award this month
London, 25th November 2015 – Fidessa group plc (LSE: FDSA) today announced that its buy-side compliance service, Sentinel, has won its second award of the month, having been voted best solution for asset management and funds at the 2015 Compliance Register Platinum Awards. Designed to recognise exemplary service to compliance and regulation, these awards are decided by a rigorous process of independent nominations which are then voted on by members of the Academy of Compliance Excellence.
This latest award comes hot on the heels of the Buy-side Technology Awards where Sentinel won in the Best Compliance Product category. Winning both of these awards is testament to the fact that when faced with the combined pressures of global regulation, increased client scrutiny and cost constraints, Fidessa's Sentinel is a very powerful proposition for asset managers as they seek an agile compliance solution that can scale with their business.
Fully multi-asset, Sentinel provides the flexibility and performance that buy-side firms need in order to respond quickly to new client mandates and new regulations from multiple jurisdictions. Its real-time rules engine enables asset managers to keep pace with their pre-trade compliance requirements, with the ability to define libraries of rules that can be easily associated to new funds. Sentinel's Analytic Builder allows investment managers to respond quickly to new regulations and their increasingly complex asset mix. Sentinel's Auditing Workbench provides transparency by enabling users to access historic rule results.
The recent addition of trading compliance functionality allows asset managers to consolidate, monitor and control their trading operations and risk on a single platform. Sitting seamlessly alongside the existing portfolio compliance capabilities, Sentinel Trading Compliance provides the extensive risk controls that existing portfolio compliance systems alone cannot achieve.
Richard Hooke, Fidessa's Buy-side Product Director, commented: "This award shows that our commitment to the ongoing investment and expansion of Sentinel is really paying off. Our continual aim is to provide our customers with an environment where the compliance rules are a fundamental part of their investment decision, rather than simply being a mandatory hurdle. An increasing number of them are centralising their entire guideline monitoring on Sentinel, across regions, business lines and asset classes, allowing them to demonstrate consistent best practice to both their clients and the regulators. It's exceptionally gratifying when our efforts are acknowledged by leading industry practitioners."PDF (0.05 MB)