Platform for structured products business.The solution reduces costs as straight-through processing, and a holistic process focus allows for low-cost trade processing. The solution has fully automated processes from front to back including book building, portfolio management, SWIFT connection to custodian, client reporting and trade orders.
Beyond the standard software FA delivered automated settlement processes. Alexandria needed to handle a large number of transactions without ramping up back office costs. FA Solutions delivered the solution with SWIFT messages and connections to Alexandria’s custody service provider. The solution reduces operational risks as manual intervention is minimized.
“In early 2013, we evaluated a pool of software providers to find the best fit for our needs – FA stood out as the obvious choice, thanks to their solution portfolio, can-do mentality and solid reputation in the Finnish market. Now, six months later and fully operational, we are very pleased both with the solution and the integration work done by FA. The FA solution gives us a platform to handle our large unit-volumes and later flexibility to add-on more components to further support our growing business.
Why are we happy with FA? FA’s software adapts flexibly to our critical business processes rather than the other way around, so that we do not need to compromise on client experience, can keep costs under control and minimize operational risks. My experience is that FA is genuinely interested in their clients and enthusiastic about what they do”, says Ville Hellens, Managing Director of Alexandria Markets.
Alexandria has operated since 1996, during the time we have grown to become the leading company in Finland specialised in saving and investing. Our 50,000 customers are served by over 200 experts at 19 branches throughout Finland. The value of our asset management funds exceeds EUR 900 million.