Toronto Dominion Bank Selects LatentZero's Sentinel Portfolio Compliance Product
Boston, 9th February 2003 - MA - LatentZero announced today that TD Bank Financial Group has chosen LatentZero's Sentinel portfolio compliance software to assist in meeting its real-time pre and post-trade compliance needs in its TD Asset Management business.
"We believe that Sentinel will assist TD Asset Management to maintain its industry leadership and enhance our automated pre and post-trade compliance," said Mike Thorfinnson, Chief Risk Officer and Chief Operating Officer, TD Asset Management.
About TD Asset Management Inc.
TDAM, a member of TD Bank Financial Group and part of TD's Wealth Management group of companies, is one of Canada's largest asset managers. As of October 31, 2002, TDAM managed approximately CDN$28 billion in retail mutual fund assets on behalf of more than 1.4 million investors. In total, TDAM currently manages approximately CDN$111 billion for mutual funds, pension funds, corporations, institutions, endowments, foundations and high net worth individuals.
LatentZero is a leading supplier of front office portfolio management, trading and compliance products for asset management companies. Clients can opt for LatentZero's complete front office solution, or implement one or more of the following components:
- Tesseract is a new portfolio management decision support tool. It provides modelling, portfolio analysis, 'what if' techniques and order generation.
- Minerva is a truly real-time global order management and trading system providing full FIX support, real time market data and easy integration with exchanges and ECNs.
- Sentinel is the market-leading pre- and post-trade compliance system that checks for breaches of client, company and regulatory rules. Sentinel is supplied with regulatory rule libraries covering all of the major global regulators, including the SEC, FSA, KAGG, UCITS and Asian regulations.
All of LatentZero's components utilise state-of-the-art message-based technical architectures. They provide high performance functionality for equities, derivatives, fixed income, money market and currencies.