Findax Blueâs wide range of functionality covers Crest settlement, client reporting, corporate actions, performance measurement and will also, very shortly, offer complete RSP connectivity. It presents a consistent web browser interface to both internal and external users and is delivered on an ASP basis from a state-of-the-art secure hosting facility.
Highlights of Findax Blue include the ability for end clients to view and print their contract notes from PDF format the moment the trade is executed; automatic bank and stock reconciliations; ISA and PEP management; and full coverage of international corporate actions.
Ian Partington, Director of Findax, said, âWeâre very happy to be able to offer Blue to the market some months ahead of our planned launch. Itâs a tribute to the well-thought-through design process that went into its creation and also a reflection of the terrific software development benefits to be gained from using up-to-date technology. Our extensive use of open-source products has enabled us to drastically reduce accepted norms around development costs and timescales while at the same time producing a system able to compete with the best the market has to offer.â