Profile Software, a leading financial solutions provider, announced today a new partnership in the United Kingdom with Forte Securities, a London-based Prime Broker looking for a platform that would streamline their investment management and custody operations.
The company was formed in 2008 as a brokerage business, specialising in Equities, Fixed Income Bonds and Equity Derivatives. The quality and success of Forte Securities’ institutional distribution business model have enabled it to adapt and expand rapidly since the company’s inception. Forte Securities has continued to expand year-on-year by introducing new and innovative business lines, which contributed to becoming a premier European financial services firm. Forte Securities has offices in major financial centers including Monaco, Sydney, and Geneva, among others. The company is focusing on technology investments and innovation building solid business relationships. The expanded portfolio of services includes prime brokerage, agency trading, clearing, forex, fixed income, etc.
Following an international evaluation, Forte Securities selected Axia platform as the core system for its custody services offering. Axia will be used to streamline safe-keeping and custody operations, providing fees calculation and controls like automated reconciliation and reporting processes, that ensure accurate record-keeping and regulatory compliance. This will enable Forte Securities to provide easy global markets’ access to its international client base. Axia will be used to efficiently manage cross country operations, with the key objective to deliver an exceptional client experience.
Axia is a robust, award-winning investment management platform that continuously evolves to embrace market trends and incorporate new functionality. Its powerful tools enable advanced automation and processes streamlining across the entire investment management spectrum.
See original article: https://www.profilesw.com/en/news/2584-profile-uk-based-forte-securities-selected-axia-for-their-investment-and-custody-operations.php
