CDC IXIS Asset Management Selects Accurate Software's Operational Risk Management Solution For Trade and Holdings Reconciliation

CDC IXIS Asset Management, one of the top 20 asset managers worldwide, has selected Accurate Software's Operational Risk Management solution for the reconciliation of trade and holdings. Developed using SWIFTReady Gold accredited technology, Accurate NXG will be deployed at CDC IXIS Asset Management's headquarters in Paris.

Philip Hall, Founder, Chairman and Co-Chief Executive Officer, Accurate Software said: "We are delighted that another major European asset manager has recognised the benefits that Accurate's Operational Risk Management solution can deliver. The flexible nature of Accurate NXG, our partnership approach and local language support are key factors in our ability to enable CDC IXIS Asset Management to effectively reduce risk and optimise efficiency."

Accurate NXG is a unique approach to controlling operational risk. It is built on four core competencies of reconciliation, exception management, workflow and business intelligence.

Accurate Software's global client base ranges from custodians, domestic and investment banks to asset and investment managers, and brokers. These include J. P. Morgan Chase and Co., KAS BANK, Insinger de Beaufort, Ulster Bank, Skandia, National Australia Bank and HSBC Republic Bank.

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