CDC IXIS ASSET MANAGEMENT USES LATENTZERO'S SENTINEL TO MANAGE COMPLIANCE ACROSS EUROPE

CDC IXIS Asset Management, one of the leading asset management companies in France, with over €332 billion assets under management, is set to use LatentZero’s Sentinel for pre and post trade real-time compliance management.

By deploying Sentinel, CDC IXIS AM has found a solution that checks for client guidelines and regulatory rules, in real time, and provides vital information for portfolio and risk managers, helping them make the right decisions at the right time. Furthermore, Sentinel’s open architecture means that it is able to fully integrate with CDC IXIS AM’s existing trading and order management systems.

"We view compliance as an essential part of our operational risk management. We wanted to put robust risk management controls in place to deal with the growing number of demanding regulations and increasingly complex client mandates," explains Pierre Olivier-Salnot, risk manager at CDC IXIS AM. "Furthermore we were looking for a system able to integrate with the portfolio-manager's decision support tools, so as to prevent potential breaches even before a trade is input in our order management systems. After reviewing three vendors, during a series of week long on-site trials, using our own data, we decided on LatentZero. Sentinel was a perfect match with our requirements in terms of ease of use, flexibility, scalability and functionality. In addition, LatentZero put forward a team combining both technical and business experts to guide us through the implementation process and advise us on best practice."

Paul Charie, Sales Director of LatentZero, commented: "We are continuing to grow on both sides of the Atlantic at a rapid rate and this is a key win for LatentZero’s new Paris office. Across Europe, Sentinel is fast becoming the compliance solution of choice for asset managers."

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