The announcement was released at Sibos 2006 by B.I.S.S. Research where they stated that IM and its CAMAâ¢ solution achieved the highest overall score in all three categories of the benchmark â âA top quality Corporate Action System produced by an ambitious and well managed software company and deserves the accolades that it receives in the marketâ.
CAMAâ¢ was recognized for its complete, global functionality, modern architecture, innovative project management methodology, and its unrivalled implementation track record.
CAMAâ¢ was awarded the B.I.S.S. Gold Accreditation in all three categories: Broker/Dealer, Global Custody, and Asset Management.
John Byrne, IM's CEO stated, âWe are obviously delighted with having the highest aggregate score over all three categories for the third year running. This is the result of many years of hard work, continuous improvement and investment in our platforms. This year the result is validated with a substantial number of new client wins in the market in both Europe and the US. I would like to thank everyone on the CityCompass team for organizing such a thorough eventâ.
Gary Wright, the C.E.O. of B.I.S.S. Research , commented, âInformation Mosaic is a very impressive company with an advanced product and an exceptional team of knowledgeable consultants and technical experts with true understanding of the problems and efficiency gaps in the corporate actions sphere. With a solid securities processing product, converg-eâ¢, in support of the CAMAâ¢ product IM can offer additional value added processes and expertise to further expand the corporate actions product in marketplace. The future is extremely bright for this company and I am not surprised that IM have once again scored highly with the panel in this ever challenging benchmarking.â
CAMAâ¢, IMâs complete automated corporate action, data management and processing solution.
CAMAâ¢ is by-product of converg-eâ¢, IMâs advanced custody system designed to meet the challenges facing custodians, private banks, investment institutions today. It is a patented solution that automates the complete corporate actions lifecycle from notifications to allocations. Its intuitive interfaces are easy to use and simplify corporate actions tasks with specific functionality to cater for the most complex equity and fixed income actions. ISO 15022 compliant, CAMAâ¢ has as global reach with the ability to manage all corporate action types.
CAMAâ¢ supports requirements across all sectors of the financial services industry including Asset management, Global and Domestic Custodial Service, Private Banking, Investment Banking, Prime Brokerage and Private Wealth Management.
CAMAâ¢ is a mature offering with a clear and proven track record in the corporate action marketplace.