Sunday, September 21, 2014

Article: Technology for the financial market – Administrators

There are times, technology is used to streamline business and financial market transactions. Among the many achievements of the last decades, we can mention the platforms to purchases and sales of the different assets that streamlined a number of processes, leaving the increasingly automated and agile system. In the world of finance, time literally is money. And in this context, technology is an indispensable agent.

But, despite all the progress that we see so far, there are still some issues that need to be improved and mainly integrated. When we talk about one asset management, for example, the amount of rules to frame any investment decision, in some cases, surpasses the thousands. The conference and the constant updating of these parameters are crucial to ensure that the portfolio, in fact, be proper rules and investment policy. Moreover, all this information must be integrated with other management systems, such as boletador tool of risk management and accounting system.

The problem is that, in most cases, each of these processes is performed by a separate solution, developed by different specialists, and need to talk to each other. The integration of these solutions is always possible. However, we must be aware that the integrity of the bases may start to become questionable. The result is an increase in technology spending and lower efficiency, with some activities that could be automated and performed or conferred by specific resource.

How to solve this problem is one of the great dilemmas of such companies . Some banks prefer for these and other reasons, disburse the amount necessary to develop all their systems internally. However, the cost of not having an expert company and do everything in the house is high. The second alternative is to seek a single provider for all processes.

With a single supplier, the possibility of success is greater and the gains in productivity and safety as well. The fact is that solutions already integrated avoid separate worksheets and the process of daily feeding of internal systems to information provided by other tools.

Increasingly, technology is an essential tool to gain time.

 

But it is not only the agility in decision making that ensures a positive outcome. In the financial world, positive performance also depends on greater security and reduced operational risk

Edivar Queiroz -. CEO LIGHT Financial Solutions. OPM Program at Harvard Business School (USA), Ph.D. in Electrical Engineering from Escola Politécnica da Universidade de São Paulo, Master in Applied Mathematics from the Institute of Mathematics and Statistics, University of São Paulo and graduated in Physics from the Institute of Physics of São Carlos, University of São Paulo. Chosen by ICSS (Institute for Certification of Professionals for Social Security) as ‘Notorious Saber in Finance’ and awarded by BM & amp; F for the best doctoral thesis on ‘Financial Derivatives’ 2006 In 2013 he received the Trophy Benchmark Institutional Investor magazine awarded ‘Best Risk Advisor in Complementary Pension. Founder of LIGHT Financial Solutions acts as CEO of the company, whose goal is to develop solutions (systems and consulting) for technical decision support and risk management.

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