SS&C Technologies, Inc. , a global provider of financial services software and outsourcing solutions, announced the general availability of the SS&C's CAMRA Version 5.2. This release introduces a number of operational and accounting enhancements including enhancements to support trading and accounting for foreign securities.
The latest release of CAMRA features:
- Trading and Accounting functions to support the unique requirements of securities traded in the Thailand, Mexican, and Korean Bond markets including:
o New compound frequency and yield methods for Korean Bonds
o Titles and Nominal values used for Trading Mexican Bonds
o New accrual methods, x-date processing, unique floating rate requirements for Thai Bonds
- A Language Translation Reference Tool for users to look up screen labels and view label translation in any language (ANSI standard character set)
- A Security ID X-Reference Tool that launches on-the-spot lookups for alternate identifiers, including cross-referencing custodial or local identifiers regardless of character length to ensure seamless processing across global offices
"With input from over 145 clients using CAMRA worldwide and over 300 clients on a Business Process Outsourcing (BPO) basis, CAMRA's capabilities are constantly evolving. As these businesses grow, our clients need a best-of-breed system that can grow with them and provide reliable and efficient processing," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies, Inc. "With these new tools, features and functionality, SS&C continues to be the top provider of global investment accounting solutions."
In May 2006, SS&C announced significant upgrades to CAMRA enabling further flexibility in audit controls, sophisticated inquiry tools, and easy setup of non-standard schedules for fixed income securities.