Deployed at more than 20 clientsâ sites worldwide, GL RIMS Middle Office is a flexible and easy to install platform with a new Service Oriented Architecture feature that allows smooth and efficient connections with other third parties within a company.
Buy- and sell- side clients also benefit from an improved user interface and screens that enable them to enter information in a more consistent and logical flow. Users are also able to focus immediately on trading exceptions by using the new real-time colour coded broadcast. With this new version of GL RIMS Middle Office, clients are able to reduce back office costs by merging market executions.
Alex Walker, Global Head of GL TRADEâs post-trade for securities business line commented: âAs more and more clients demand block level confirmations, it has become an increasingly important feature for brokers wanting to attract new business. With this new enhanced version of GL RIMS, we have made it possible for clients to be able to automatically handle incoming allocations and production of multiple messaging types, including FIX, SWIFT and OASYS. We also have a new powerful user interface which allows new business to be set up quickly and easily.â