The SecAS proposition comprises confirmation (Electronic Trade Confirmation), settlement (Electronic Trade Delivery), reconciliation, corporate actions, and SWIFT, delivered as an ASP solution. Its launch brings together a number of leading technology vendors within the securities marketplace to provide a complete middle and back office outsourced technology solution. "Our intention was to create a unique proposition for the securities market. The launch of SecAS is the realisation of this goal", stated David Reeve, CEO of Simplex.
"Simplexâs track record as a leading consultancy in this market gives us a long history in qualifying and implementing securities related solutions. This effectively pre-qualified the âbest-of-breedâ vendors we are now working with, as well as providing us with an initial list of customers who we knew were favourable to the proposition", commented Philip Walsh, Marketing Director at Simplex.