Martin Currie Chooses LatentZero's Capstone To Run the Front Office
New York, NY, 17th September 2003 - Martin Currie, the Edinburgh-based, specialist investment manager with around £5.0 (US$7.9) billion under management, is introducing LatentZero's complete front office suite, Capstone, throughout its operation.
By choosing Capstone, Martin Currie will be able to take advantage of LatentZero's complete front office solution for: portfolio management; decision support and order generation; order management and trading and pre- and post-trade compliance.
Martin Currie's decision follows a comprehensive review of buy-side software. "We looked at a number of leading vendors but decided on LatentZero's Capstone product set because of its superior functionality, ease of implementation and the fact it integrated so well with our existing systems," said Anthony Murphy, Technical architect at Martin Currie.
Martin Currie were assisted in their decision making process by Invest IT, the specialist IT consultancy to the fund management industry. "Having investigated Martin Currie's requirements, we presented them with a shortlist of preferred suppliers, of which the Capstone product set came top," commented, Catherine Doherty a consultant with Invest IT.
"LatentZero has traditionally sold to the world's largest asset management companies with offices around the globe. Martin Currie is our first sale to a mid-sized organisation," said Patrick White, Business Development Manager at LatentZero. " We hope to follow this deal with a number of new sales to this area of the market."
LatentZero is an international business specialising in front office portfolio management, trading and compliance products for asset management companies, custodians and central banks. All LatentZero products are cross asset-class, supporting equity, fixed income, derivatives and currency functionality.
- Tesseract is a sophisticated decision support tool that enables the portfolio manager to model and analyse portfolios, create 'what ifs' and automatically generate orders.
- Minerva is a global order management and trading system. It offers full FIX (Financial Information eXchange) support and easy integration with exchanges, ECNs and various liquidity sources.
- Sentinel is the pre-trade and post-trade compliance system that checks for breaches of client, company and regulatory rules. Sentinel can manage complex portfolios with a wide range of instruments. Its rule libraries cover every major regulator.
These products can be implemented as a single front office solution, or individually, as part of a 'best in class' approach.
The LatentZero technical architecture is high performance and state-of-the-art. It is 24x7, flexible, open and scalable. It works seamlessly with any other front, middle or back office technology and significantly differentiates LatentZero from its competitors.
LatentZero has offices in Boston, New York and London. Its products are used by a wide range of buy-side organisations, including 5 of the 10 largest Investment Managers.
About Martin Currie
At Martin Currie, we invest in international equities for clients worldwide. From our office in Edinburgh, we manage £5.0 (US$7.9) billion for a range of institutions, pension funds, pooled funds, investment trusts and charities.