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Gresham Will Globalize Clareti & Electra: Q&A

June 9, 2021 by Eugene Grygo

Gresham Will Globalize Clareti & Electra: Q&A

(Editor’s Note: Late last month, Gresham Technologies announced that it was acquiring Electra Information Systems for $38.6 million. The acquisition is slated to become official on June 22, and both vendors say it will help transform the market landscape for reconciliation and cloud-based data control. FTF News got time with Ian Manocha, CEO at Gresham, and… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Governance, Diversity, Equity, and Inclusion (DEI), Standards, Opinion, Q&As, Industry News, People Moves Tagged With: automation, back office, data management, Electra Information Systems, Gresham Technologies, operations, reconciliation, SEC, Securities Operations

Gresham-Electra Is ‘Already Shaking Things Up’: Q&A

June 4, 2021 by Eugene Grygo

Gresham-Electra Is ‘Already Shaking Things Up’: Q&A

(Editor’s Note: Last week, two major reconciliation services competitors — Gresham Technologies plc and Electra Information Systems — announced that will be combining into one provider via Gresham’s $38.6 million acquisition of Electra. FTF News got time with Ian Manocha, CEO at Gresham, and this is the first part of a two-part Q&A chat. For… Read More >>

Filed Under: Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, Artificial Intelligence, FinTech Trends, Back-Office, Integration, Standards, Opinion, Q&As, Industry News, People Moves Tagged With: automation, back office, data management, Electra Information Systems, Gresham Technologies, operational risk, reconciliation, Securities Operations, settlement

Gresham Technologies to Acquire Electra for $38.6M

May 28, 2021 by Eugene Grygo

Gresham Technologies to Acquire Electra for $38.6M

Two major reconciliation services competitors — Gresham Technologies plc and Electra Information Systems — will be combining into one provider via Gresham’s acquisition of Electra. Gresham officials report that the company “and its wholly-owned subsidiary, Gresham Enterprise Storage” are purchasing “the entirety of the issued and outstanding shares of common stock of Electra … on… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, Governance, FinTech Trends, Back-Office, Integration, Standards, Performance Measurement, KYC, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News, People Moves Tagged With: automation, back office, data management, Electra Information Systems, Gresham Technologies, operational risk, reconciliation, Securities Operations, settlement

Electra Expands Global Operations & Adds Staff

March 24, 2021 by Eugene Grygo

Electra Expands Global Operations & Adds Staff

Electra Information Systems, a provider of reconciliation and other post-trade services, is adding data centers and staff to improve its global infrastructure for operations processing that supports a growing number of clients across the United Kingdom (U.K.), Europe, and the Asia-Pacific regions, officials tell FTF News. In particular, Electra has added data centers in Sydney,… Read More >>

Filed Under: Securities Operations, Buy-Side, Case Studies, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Settlement, Diversity, Equity, and Inclusion (DEI), Back-Office, Standards, ESG Data & Investing, Regulation & Compliance, Industry News, People Moves Tagged With: automation, back office, Buy-side, data management, Electra, Electra Information Systems, operations, reconciliation, Securities Operations, settlement

Electra’s Unified API Service Targets the Buy Side

December 15, 2020 by Eugene Grygo

Electra’s Unified API Service Targets the Buy Side

Electra Information Systems, a maker of reconciliation and other post-trade solutions, is launching a unified application programming interface (API) service for new and existing customers to help them ease into complex API strategies facilitating data access among applications and systems. The Electra unified API is intended as a single connection to help IT staffs at… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Corporate Actions, Data Management, Industry News, Middle-Office, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, Governance, FinTech Trends, Back-Office, Integration, Standards, Performance Measurement, Regulation & Compliance, Regulatory Compliance, Industry News Tagged With: APIs, application programming interface, Electra, Electra Information Systems, operations, post-trade services, reconciliation

Electra Targets Manual Woes in Client Fee Billing

October 9, 2020 by FTF News

Electra Targets Manual Woes in Client Fee Billing

Electra Billing 6.0 Launches   Electra Information Systems, a provider of reconciliation and other post-trade processes for the buy side, has launched Electra Billing 6.0, a system for audit and workflow control, designed for client-fee billing. Electra Billing 6.0 is intended to “reduce risk by increasing the accuracy and efficiency of approval workflows throughout vital… Read More >>

Filed Under: Collateral & Margin Management, Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Ops Automation, Outsourcing, Reconciliation & Exceptions, Settlement, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, Performance Measurement, KYC, Industry News, People Moves Tagged With: automation, back office, blockchain, BNP Paribas Securities Services, BNY Mellon, Buy-side, compliance, Electra Information Systems, Securities Operations

Ops Spends Too Much Time On Exceptions: Q&A

September 8, 2020 by Eugene Grygo

Ops Spends Too Much Time On Exceptions: Q&A

(Todd Sloan, business development, senior vice president, Electra Information Systems, took time out of his schedule to give FTF News a progress report on Electra Information Systems. The provider of reconciliation and other post-trade solutions, Electra is the winner of the 2020 FTF News Technology Innovation award for “Best Reconciliation Solution” for the fifth consecutive… Read More >>

Filed Under: Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Governance, Diversity, Equity, and Inclusion (DEI), Artificial Intelligence, FinTech Trends, Back-Office, Integration, Standards, Opinion, Q&As, KYC, FTF Awards Tagged With: automating reconciliation, automation, back office, Buy-side, data management, Electra Information Systems, FTF News, FTF News Technology Innovation Awards, operations, post-trade operations, reconciliation, Securities Operations, software-as-a-service (SaaS)

Electra Fills New Post for Data Services

January 12, 2018 by FTF News

Electra Fills New Post for Data Services

New SVP to Oversee Customer Interactions Electra Information Systems, a reconciliation solutions and accounting data aggregation services vendor, has appointed Jennifer McMackin to the newly created role of senior vice president, data services, officials say. McMackin’s has more than 15 years of industry experience from positions at Mizuho America and Axiom Investors, officials say. “Her… Read More >>

Filed Under: Securities Operations, Data Management, Industry News, Middle-Office, Operational Risk, Reconciliation & Exceptions, Risk Management, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Industry News, People Moves Tagged With: Alcentra, Charles Randell, Electra Information Systems, FCA, Financial Conduct Authority, IDC Financial Insights, Jennifer McMackin, Leland Hart, Steven D’Alfonso

FTF Awards Q&A: Electra Wins Best Reconciliation Solution

August 3, 2017 by Eugene Grygo

(Editor’s note: The following Q&A with John Landry, CEO for Electra Information Systems, follows the company being voted “Best Reconciliation Solution” by our readers and industry professionals participating in the FTF News Technology Innovation Awards competition. “The award affirms the value of our working closely with clients to extend the capabilities of Electra Reconciliation,” Landry… Read More >>

Filed Under: Securities Operations, Buy-Side, Data Management, Ops Automation, Reconciliation & Exceptions, General Interest, FinTech Trends, Back-Office, Opinion, Q&As, Industry News Tagged With: Electra Information Systems, John Landry, n-way reconciliation, Reconciliations

FTF Announces 2017 Award Winners

May 15, 2017 by Eugene Grygo

Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>

Filed Under: General Interest, Industry News Tagged With: Broadridge Financial Solutions, Charlie Marchesani, Citi, Eagle Investment Systems, Electra Information Systems, Factset, Faisal Husain, Financial Technologies Forum (FTF), FTF News Technology Innovation Awards, FTF News Technology Innovation Awards 2017, Global Legal Entity Identifier Foundation, IHS Markit, Karla McKenna, Nomura Research Institute (NRI), Numerix, OpenLink Financial, Qumram, RIMES Technologies, Sapient GLobal Markets, SimCorp, State Street Global Exchange, StatPro, TriOptima, Vermilion – a FactSet company

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