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Coronavirus Forces Change for Sales and Traders Working from Home

Firms embracing the latest communication, collaboration and workflow platforms have a significant advantage

Coronavirus has caused a dramatic shift in working practices globally, with particular challenges for front office workers in capital markets. Financial institutions have moved operations in differing ways but there has been a clear progression from staff split between office and disaster recovery sites, through to the entire workforce working from home.

Initially, due to both the nature of how a sales and trading desk runs as well as regulations around recorded phone calls and record keeping, front office workers were still going into the office. However, as lockdowns tightened and following the Financial Industry Regulatory Authority (FINRA) temporarily waiving some of its supervisory rules the majority of sales and trading staff are now working from home with a reluctant few still having to travel in to man a skeleton staff dealing desk.

Contingency planning

Fortunately, the post credit crisis increase in financial regulation and focus on operational risk has led to improved contingency planning, and regular comprehensive testing of offsite technology, with many firms enforcing days or weeks working from home before the tightened lockdown to ensure a seamless transition.

In conjunction with improved planning there has also been a change in the way businesses operate over the last decade – expensive city locations have led to a desire to downsize available space for workers. Many firms do not provide enough desks to cover all staff and hence increased home working has become prevalent in many teams. The cost of any perceived reduction in productivity was seen to be easily offset by savings on desk space and the benefits to employees of a more flexible working environment; from easier childcare logistics to lack of a commute. Whilst these employees in capital markets were more likely to be away from the front line of trading it has been a valuable learning exercise in how to improve the home working experience.

 #WFH – A new paradigm

Working at home for the most part involves remotely connecting to a work computer via VPN – this places less stress on home PCs and internet access. Although reliable broadband can still be an issue, especially when combined with multiple other users such as family members, who are all isolating in the same location. As home setups are unlikely to have the 6-8 monitors that a dealing desk has, contingency planning in the weeks before lockdown went as far as arranging work screen layouts to fit into those available at home. Unfortunately, those that were looking for additional home screens have struggled with both rocketing demand and global shortages in PC equipment making new screens, webcams and hardware hard to come by.

As governments further tightened restrictions and lockdowns, operationally these moves have appeared to have been a success – core tasks have been achievable, levels of service have remained superficially similar, but activity levels have fallen.

The challenge of remote working now moves away from the physical logistics to how to operate in this new environment. The proliferation of systems, screen real estate, applications and communication methods need to be simplified. The new working environment needs to adjust working practices towards less screens and less verbal communication while allowing for more non-work interruptions (particularly if young children are at home) as well as a new interpersonal dynamic.

Technology steps up

During the first phases of lockdown, cloud providers have seen a meteoric rise in usage with many additional datacentres being brought on-line, with even the likes of Microsoft suffering outages in Azure (its cloud platform) and Teams (its chat platform) due to surging demand in mid-March.

Meanwhile chat platforms are seeing record numbers of usage with Symphony seeing 40% increase in daily users in Q1 and Microsoft Teams usage has more than doubled to 44 million users, while video conferencing applications like Zoom are now a household name.

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Download “Fintech’s Next Frontier: Data-as-a-Service” our Financial Markets Insights report. In collaboration with Natwest Markets, Maystreet, Euromoney TRADEDATA and Engine, part of The Investment Association, ipushpull explores the importance of Data-as-a-Service in facilitating remote working and accelerating digital initiatives within the financial markets industry.

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Traders working from home

Recreating a sales and trading desk to work from home

One of the biggest complaints so far from sales and trading has been around screen real estate. This is a problem at the best of times (with 4-8 screens in the office) but now this issue is significantly amplified due to home set ups only having 1-3 screens. However that hasn’t stopped some traders sharing their home trading setups, which now even has its own hashtag on Instagram – #ronarigs.

The prolific rise in chat usage has gone some way to replace the rapid fire communication on a dealing desk – a combination of shouting, absorbing chatter through osmosis and hoot-n-holler speaker systems – which have all but disappeared. These dealing room conversations, and camaraderie among peers, form a valuable part of market colour, which now needs to be recreated digitally.

Sales and traders from both buy-side and sell-side have said that there has been a significant increase in chat and calls, making it harder to stay on top of everything. The increase in communication results in a slower speed of trade. What is needed is a better, smarter and faster way to aggregate and consolidate communication, data, notifications and workflow, with less back and forth communication.

Therefore, there is ample demand for digital initiatives, such as:

  • Simplified workflows with manual interventions becoming the exception rather than the norm – emailed trades sent within spreadsheets or prices copied and pasted into a chat that are then entered into pricing systems should be replaced with data driven flows outside of email or fully integrated into chat
  • User defined notifications become ever more important, as not all apps may be visible on a desktop particularly with limited screen space
  • Axe collation and distribution, commonplace on many sales and trading desks, should integrate tools to monitor performance and client interest
  • Price or economic data aggregation, to condense 10+ sources into one front end, reducing screen space and enabling more effective filtering and watchlists
  • Key risk and performance metrics should be timely, easy to collate across disparate systems and subsequently made available in the best possible way to users
  • Elimination of sequential file sharing and increasing the ability to work on the same documents in parallel
  • On screen charts that colleagues used to walk over to view, now need to be accessible, more self-explanatory and intuitive

With a thriving capital markets fintech ecosystem, vendors like ipushpull, Symphony, ChartIQ, Adaptable Tools, Openfin and Greenkey not only interoperate between each other but also provide the tools to streamline workflow more efficiently for sales and traders working at home.

One UK investment bank that has embraced the fintech ecosystem has seen a significant increase in price requests from digital channels, further reinforcing investment to ramp up more digital initiatives. Technology is very much providing an edge in this current climate.

During this time ipushpull has seen significant increase in adoption. The platform makes it simple to connect, share and automate workflow between data, applications and people in real-time. Ease of collaboration, the clarity of information and how it is displayed all become critical. As face-to-face contact has diminished live data, sharing across differing groups of teams and systems becomes paramount to future remote working success, all whilst retaining the monitoring and audit controls necessary for regulated institutions.

Because many business user tools were not built for dynamic and unstructured work and front office dealing desks were not built for home working, there is a huge opportunity for lasting and improved workflow efficiency through the use of technology like ipushpull and other leading collaboration and workflow platforms.

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Data Connectivity Essential For Remote Work

Remote work

Extracted from the article “Data Connectivity essential for remote work” by Shanny Basar.

Matthew Cheung, CEO of ipushpull, said there had been an increase in interest in the company’s ability to provide live data sharing as more staff are working remotely during the Covid-19 pandemic.

Cheung told Markets Media: “The cloud has a couple of silver linings. As more people are working remotely, firms want the ability to share data in real-time while maintaining their institutional controls over access.”

London-based ipushpull allows users to securely share data in real-time across desktop applications, databases, messaging platforms and cloud services.

Cloud technology

The Data-as-a-Service platform was launched three years ago and allows data to be easily shared using cloud technology.

“Cloud deployment was a big challenge in capital markets,”Cheung added. “An enormous tanker started slowly turning three years ago at a slow pace and has picked up speed in the last 12 months.”

He predicted there will be an acceleration in deployment of the cloud in the next nine to 12 months, especially as the Covid-19 pandemic has caused staff to work from remote locations while still needing access to real-time data.

In capital markets ipushpull has initially focussed on non-exchange traded assets that require manual processes. For example, when dealers make prices for options in Excel spreadsheets and then have to copy and paste the information into emails for distribution. ipushpull has been used by an interdealer-broker to automate this process by uploading the excel data into the cloud so it can  be shared live it in various formats such via chat or an API.

“We make the data interoperable enabling live collaboration,”added Cheung.

Data-as-a-Service

Financial institutions such as NatWest Markets and data vendors such as Euromoney Tradedata use ipushpull to deliver data direct to their clients.

To learn more about Data-as-a-Service and how institutions are utilising the ipushpull platform read the full Markets Media article by Shanny Basar.

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Euromoney TRADEDATA Releases Symphony App in Partnership with ipushpull

daas automation

LONDON, March 10, 2020: Euromoney TRADEDATA is pleased to announce the release of its first reference data application that can be deployed into the Symphony secure team collaboration environment, in the second deliverable from its strategic partnership with ipushpull, the powerful data sharing and workflow platform.

The application will provide licensed Symphony users on demand access to Euromoney TRADEDATA’s reference data sets. Enabling secure data transfer between internal and external counterparties, to resolve trade-processing, including incorrect or missing trade data, pre-trade risk, clearing, settlement and regulatory reporting issues.

Commenting on the announcement, Mark Woolfenden, Managing Director of Euromoney TRADEDATA, said, “The release of our first Symphony application endorses our strategy of providing embedded, on demand workflow functionality to clients accessing our reference data. Community messaging solutions are a perfect medium for requesting and retrieving unique data sets as part of rapidly developing workflow technologies.” He added, “We also look forward to working with ipushpull to develop a clutch of bots, to further enhance our customers’ experience in using our data services.”

Matthew Cheung, CEO of ipushpull, said, “We are very pleased to be working with Euromoney TRADEDATA, who are using ipushpull to dramatically improve workflow efficiency for their clients. Through a single connection to ipushpull, Euromoney TRADEDATA is now able to deliver live and on demand data into Symphony, as an App and as a chatbot, and direct into client-side Excel.” Adding, “Our rapid delivery provides both a fast time to market and a new way for Euromoney TRADEDATA to monetise their data.”

 

About Euromoney TRADEDATA

Euromoney TRADEDATA provides an aggregation service for the global exchange traded derivatives. Recognised as specialists and innovators in the F&O market, the up to date data we provide is essential for accurate and timely settlement of trades without the additional overheads of collating, validating and maintaining in-house data.

Information about Euromoney TRADEDATA: www.euromoneytradedata.com

 

About ipushpull

ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation. The Data-as-a-Service platform delivers fast time-to-market and big cost savings for data producers and services across the trade lifecycle using no-code custom applications and ipushpull’s bot framework.

Information about ipushpull: www.ipushpull.com

 

For further information:

Mark Woolfenden 
Managing Director 
Euromoney TRADEDATA
Tel.: +44-(0)1277-636-914
Email: mark.woolfenden@euromoneytradedata.com

Matthew Cheung
CEO 
ipushpull
Tel.: +44-(0)20-3808-4085 
Email: matthew.cheung@ipushpull.com

 

 

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ipushpull sees cloud adoption streamline financial markets workflows

financial markets workflows

In recent months ipushpull has onboarded several new Capital Markets customers. In each case the customer has selected a cloud-deployed instance of ipushpull hosted on Amazon Web Services, our cloud partner, for their financial markets workflows.

While adoption of the cloud is widespread in other industries, enterprises in financial markets have long been reluctant to deploy to the cloud. Concerns around security, regulatory compliance and data privacy are commonly cited, not to mention pre-existing investment in expensive on-premises infrastructure. But this landscape is changing as market participants recognise that cloud can be cheaper and more secure than on-premise, and as they begin to appreciate the many additional advantages that cloud services bring. For example, one key feature of cloud services that’s frequently raised during our conversations with our capital markets network is the availability of sophisticated computing resources such as machine learning and AI – resources that are difficult to replicate internally.

Even the FCA (Financial Conduct Authority) has given its seal of approval to cloud vendors and is “seeking to leverage cloud in order to improve service value and control risk”. They “see no fundamental reason why cloud services cannot be implemented in a manner that complies with [their] rules”. This progressive view towards cloud, by one of the world’s leading regulatory bodies, further helps to drive cloud adoption. In turn, this helps to drive innovation across huge banking digital transformation projects through faster time to market, better agility and almost infinite scalability.

Cloud deployments are also particularly suited to the kind of cross-market data distribution and buy-side/sell-side workflow automation applications enabled by ipushpull. The cloud provides the simple connectivity that’s essential for implementing real-time data workflows between sell-side and buy-side counterparties and enabling secure distribution of reference data to thousands of consumers.

 

Which companies are moving their financial markets workflows to the cloud?

ipushpull is core to the risk management process at Amplify Trading, the global trading and trading education provider, where they use our service for real-time position tracking and risk aggregation across their global trading team. Traders in multiple locations push live trading data to ipushpull, where it is aggregated and used to generate live reports for risk and portfolio managers. Will de Lucy, Amplify’s Managing Director, says:

“The ability to access critical information from any location and on different devices means the team can also monitor live prices in real-time in and out the office”.

Workflows with other customers include real-time axe distribution and reference data-as-a-service (DaaS). While the specific workflows may be different, in every case the cloud approach has enabled fast onboarding and rapid, iterative implementation, thereby providing a competitive advantage.

Attitudes to the perceived risk of the cloud are changing, computing power is growing, and machine learning and data analytics are adding value to business. And as costs continue to fall the cloud will continue to rise. To find out how ipushpull can help you in your cloud journey, please get in touch.

 

financial markets workflows

 

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How to Excel in your Post-Trade Digitalisation Workflow

workflow

A senior manager at a major bank noted at a recent conference that some staff spent well over 60% of their time in email, chat and spreadsheets.  As we complete the journey from paper to digital, with increased compliance and regulatory burden in our industry, is there an opportunity to innovate here?

A lot of post-trade workflow is spent managing exceptions and reconciliation breaks, which means viewing data from different systems in a normalised way. Spreadsheets lend themselves to this challenge and have become the norm, since they do not care what the source is. So long as the data is tabular and there is a common key across systems you can just copy the data across or re-enter it.

Alastair Rutherford, MD Ascendant Strategy says:

“Getting on top of all the data exchanges and workflows that occur to support post-trade activities is a key element of any Digital strategy in Capital Markets organisations. To industrialise post-trade, and make a step-function reduction in TCO, firms must understand these processes properly in the context of their target operating model, and implement automation that complements their core applications.”

post-trade workflow

 

There is a rich ecosystem of tools and applications to provide the glue such as external data lookup or calculation tools. Once you have added that glue it becomes transportable to your peers. Those with whom you share these spreadsheets can see exactly what you see and the method behind your conclusions.

Well, not quite… if you want to modify the recipe in your calculations, a new spreadsheet needs to be sent. When speaking to your peers (especially outside the organisation) how do you know you are looking at the same spreadsheet? What happens if the data that drives the calculation is changing or perhaps only available for you? What happens if you have incorrectly entered some of that data. Before long you have a huge pile of legacy, complicated spreadsheets, hopefully accurate for the moment they were created but with a context and scenario unclear in the document and certainly unclear to anyone auditing it. It shouldn’t come as a surprise that Accenture has estimated £125bn of complexity costs in pre-trade and post-trade workflows.

The solution here is to use a common set of tools in an environment which is centralised and maintained. Platforms such as Symphony can deliver the environment securely, meeting the needs of Information Security. However, the tools need to allow users common access to shared data with the appropriate interface to meet the needs within the post-trade workflow.

At ipushpull we are seeing a great deal of interest in our collaborative data platform to deliver exactly this – the ability to share data in real-time between groups of users, for workflow tools to rapidly enable decisions to be made which are then fully audited, but also the ability to rapidly adapt.

The success of the spreadsheet has been its ability to provide a quick solution to a business problem which is generally planned to be temporary. Over time, however, the overhead of navigating and maintaining the collection of spreadsheets has become too high. ipushpull addresses this challenge by providing an ecosystem for collaborative workflow across the post-trade community, delivering efficiency savings in terms of time spent converting data, but also cost savings in terms of accuracy – reducing the data errors means less resolutions. Less resolutions means more efficiency savings.

If you would like to speak to ipushpull please get in touch with sales@ipushpull.com.

 

 

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Euromoney TRADEDATA partners with UK fintech ipushpull to create on-demand ‘Data-as-a-Service’

on-demand Data

London, UK – 17th October 2019: Euromoney TRADEDATA is pleased to announce a strategic partnership with ipushpull, a powerful data sharing and workflow platform.

Euromoney TRADEDATA recognises that the on-demand model is the future of data consumption, particularly within community chat and messaging networks, as part of a suite of delivery systems required to service all parts of the market that need futures and options ref erence data.

Through a single connection to ipushpull Euromoney TRADEDATA can distribute data into a variety of applications including Symphony, the secure collaboration platform, with nearly half a million connected financial market users. The ipushpull platform provides Euromoney TRADEDATA with new distribution channels for secure, audited, access-controlled data delivery.

Mark Woolfenden, Managing Director of Euromoney TRADEDATA, comments:

“This is a very important integration for Euromoney TRADEDATA, as we begin to experiment with embedded, on-demand workflow functionality and delivery systems for our reference data. We recognise ipushpull as a leading exponent in data sharing workflow technology and we expect further benefits from their connections to other community messaging solutions. Also, as part of the offering, we can now offer a functionally rich Excel plugin for desktop users to access our reference data, which integrates seamlessly within users’ existing workflows. In addition, we look forward to working with ipushpull to develop a clutch of bots, to further enhance our customers’ experience in using our data services.”

Matthew Cheung, CEO of ipushpull, comments:

“We’re excited to offer Euromoney TRADEDATA new avenues to deliver and monetise their data to a variety of desktop and cloud services. We see this innovative approach as the first step towards an on-demand ‘Netflix’-style distribution model for data producers and consumers.”

 

About ipushpull
ipushpull is a live data sharing and workflow automation platform improving efficiency by connecting data, applications and people in real time. The API-first platform enables the access-controlled and audited distribution of live, streaming or static data between multiple client applications.

 

About Euromoney TRADEDATA

Euromoney TRADEDATA is an established and trusted reference data provider to the futures and options industry for over 20 years. The company works closely with its customer base to innovate, develop and implement enhanced customised reference data solutions and market data vendor symbology.

 

Contacts


ipushpull

Katya Mironova

info@ipushpull.com

 

Euromoney TRADEDATA

Rebecca Storrar

rebecca.storrar@euromoneytradedata.com

 

 

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NatWest Markets selects UK fintech ipushpull for sharing trade axes in real-time with the buy-side

Trade axes

London, UK – 1st October 2019: NatWest Markets is using ipushpull, a London-based fintech, to share trade axes in real-time with some of its largest buy-side clients. The ipushpull platform enables NatWest Markets to meet its clients’ needs through an interactive automated axe interface which supports customisation and filtering per counterparty. The platform also allows automation and delivery over multiple channels.

NatWest Markets chose the ipushpull platform because of the unique live data sharing and workflow automation capabilities that it provides.

ipushpull has over 20 integrations into applications and systems commonly used across capital markets. Initially, NatWest Markets will be using ipushpull’s Excel Add-in, Symphony App and APIs, and plans to use the ipushpull database loaders, FIX connectors and ChartIQ Finsemble integration in the near future.

Matthew Cheung, CEO of ipushpull, comments:

“NatWest Markets are a trailblazer in their adoption of new technology, from buying best-of-breed applications such as ipushpull to hosting data on the cloud. We’re excited to work with NatWest Markets and look forward to being a long-term strategic partner for both pre-trade and post-trade workflows across the bank.”

Matthew Harvey, Head of FI Client Execution Platforms and Digital Sales at NatWest Markets, comments:

“The ipushpull team has significant domain expertise in capital markets workflow and their technology is helping us to improve efficiency on our sales desk which will meet the evolving trading needs of our clients. ipushpull’s innovative live data sharing and workflow automation platform enables us to bring an idea to a production application within weeks.”

About ipushpull
ipushpull is a live data sharing and workflow automation platform improving efficiency by connecting data, applications and people in real time. The API-first platform allows data to be centralised, access-controlled, audited and tracked between any of its live, streaming or static data connections. For more information visit www.ipushpull.com.

About NatWest Markets

NatWest Markets helps global financial institutions and corporates manage their financial risks and achieve their short-and long-term financial goals while navigating changing markets and regulation. We do this by providing global market access, financing, risk management and trading solutions. We operate from trading hubs in London, Singapore and Stamford with sales offices across key locations in the UK, EU, US and Asia.

 

Contacts


ipushpull

Katya Mironova

Marketing Manager

katya.mironova@ipushpull.com

 

NatWest Markets

Amy Cayzer

Media Relations Manager

amy.cayzer@natwestmarkets.com

 

 

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The ipushpull Bot Framework: No-code rapid delivery of data bots

data bots

ipushpull is excited to extend its data sharing platform to include a new innovative bots-by-configuration framework that means powerful data chat bots can be built and deployed in hours.

Normally building bots takes time: integrating with chat, developing the logic and importantly connecting to the right data services or applications. This means costs are high and time-to-market is often weeks or months.

The new ipushpull offering rapidly accelerates delivery combining our existing plug-and-play unified live data platform with a bots-by-configuration approach.

This means your chat bot can easily be configured with no-code to connect to data from multiple sources (MS Excel, in-house DBs, cloud services) and to run in multiple chat environments including (Symphony, Microsoft Teams, Slack).

The ipushpull platform provides a no-code paradigm shift in how powerful workflow data bots can be rapidly built, deployed and managed with a consistent and unified approach.

Its as easy as:

  1. Plug in your live data to ipushpull
  2. Configure your bot tasks
  3. Deploy your bot and get going!

In capital markets the ipushpull bot model is already being applied to many live or on-demand workflows including:

  • Product due diligence permission for trading desks
  • Live axe trades for buyside
  • Reference data from 3rd party data-as-a-service
data bots
An example of a data bot in Symphony chat
ipushpull is a live data sharing platform that is revitalizing financial services with innovative workflow automation solutions for clients such as NatWest Markets.
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To learn more please contact sales@ipushpull.com.

 

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Innovations in Investment Operations Technology – ipushpull part of InvestOps Europe 2019

InvestOps

ipushpull CEO Matthew Cheung will be representing the best of London’s thriving fintech scene this week when he participates in the “Dragon’s Den”-style innovation session at InvestOps Europe, the leading buy-side event.

As part of the ‘New Game-Changers’ afternoon on 19th September, Matthew will be pitching ipushpull, the unique service that connects and automates workflow between data, applications and people – in real-time – across the capital markets ecosystem. His pitch is part of a wider discussion of ‘the latest and greatest innovations in Investment Operations technology, which offer true added value and should be considered for future investment plans’.

With 350 business leaders in attendance significant discussion is expected around how technology, and the resulting improvements in efficiency, is vital for firms to stay ahead of competitors in a cost- pressured middle and back office environment.

Across the sector, buy side firms are facing similar technology challenges as they plan priorities and budgets for the coming year, namely:

  • Automation of manual processes
  • Moving away from spreadsheet reliance and manual intervention
  • Accurate, centralised, standardised data
  • Seamless integration into 3rd party services, legacy platforms and cloud services
  • Easy cross-asset class expansion

According to Ascendant Strategy, a capital markets consultancy specialising in post-trade transformation, many of these challenges arise from the outsourcing of buy side operations to custodians, prime brokers, fund admins and other back office service providers. This outsourcing often leads to inefficiencies, with day-to-day processes such as reconciliation and fails management dependent on manual interventions by operations analysts using email, file sharing and chat.

Increased regulation is another driver for technology investment.

Phases 4 and 5 of UMR (Uncleared Margin Rules) for OTC derivatives, coming into force in September 2019 and 2020 respectively, could result in thousands of firms could facing hefty fines for non-compliance. An InvestOps survey of 100 buy side firms showed that 28% of them are not prepared and only 16% are fully compliant. A key part of these regulations relates to the exchange of collateral information, often held on disparate systems and spreadsheets and shared using email. Improvements to workflow efficiency are consequently crucial for successful implementation of the rules.

CSDR (Central Securities Depositories Regulation) adds further pressure as it’s expected to result in an increase in pre-settlement mistakes due to tighter matching criteria. This means firms face potentially significant fines falling due when failed trades remain unmatched after 4-7 days. Domain Matters, a boutique advisory firm specialising in operations and technology for financial markets, expect increased demand from Operations teams looking for tools to enable them to quickly collaborate and resolve unmatched pre-settlement items and minimise these penalties.

Finally, SMR (Senior Manager Regime) for buyside, means oversight is increasingly important for any information exchange with outsourced service providers, counterparties or in-house trading desks. The ability to demonstrate governance is critical – a challenge if data workflows are not audited, compliant, centralised and easy to retrieve.

However, there is hope and opportunity. Accenture estimates up to £125bln of complexity costs in pre- and post-trade can be reduced significantly or eliminated through improvements in efficiency.

Live data sharing and workflow automation platforms such as ipushpull are helping to solve these complex challenges. The London-based fintech firm enables customers to streamline their processes by connecting and synchronising data in real-time across multiple applications and building data-driven workflow tools with little or no code.

The ipushpull platform is not limited to any single workflow or asset class but can be applied to a wide range of tasks, with custom apps created in hours and days rather than months and years. This enabling technology is helping middle and back office to create workflow apps and micro-ecosystems – both internally with the front office and externally with counterparties – and streamline common and time-critical workflows including collateral management and high-risk break resolution plus common tasks such as client onboarding.

ipushpull has been recognised by financial industry publications such as the The Wall Street Journal, Waters Technology and The Trade News, has also won 3 industry awards and has been named in the 100 most influential Fintech companies of 2019 by The Financial Technologist, now holding the title for two years in a row. Get in touch if you want to find out more at sales@ipushpull.com.

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ipushpull and Ascendant Strategy announce partnership to deliver Innovative Solutions for Post-trade Workflow Automation

London, UK – 18th July 2019: ipushpull, the live data sharing and real-time workflow automation platform, are delighted to announce a partnership that brings together the award-winning ipushpull platform with the post-trade expertise and delivery capability of Ascendant Strategy.

The partnership between ipushpull and Ascendant Strategy brings significant value to capital markets post-trade functions who want to enhance live data sharing and automation capabilities across departments and organisations, eliminating the domain of email-attached spreadsheets. Solutions that combine the flexible technical capabilities of the ipushpull platform and Ascendant Strategy’s expertise in transforming post trade processes can massively simplify, automate and de-risk these challenges. Furthermore, these solutions can be implemented quickly and without painful modifications to core IT processing platforms.

 

Matthew Cheung, CEO of ipushpull, comments:

“From delivering large scale middle and back office digital transformations in global banks to creating workflow applications, Ascendant are market leaders within post-trade infrastructure transformation. Together we are creating digital solutions for middle and back office to replace spreadsheet-based email workflows with real-time, interoperable data sharing.”

Alastair Rutherford, Managing Director of Ascendant Strategy, comments:

“We believe that successful transformation of post trade architecture within capital markets firms has to incorporate blending of old technology with the new. ipushpull’s software is well positioned to support organisations on this transformational journey, deploying impactful digital solutions easily into architectures to augment rather than replace legacy architecture”

 

About ipushpull
ipushpull is a cloud based real-time data sharing and workflow automation platform. Used across sell-side and buy-side, and front to back office, ipushpull improves workflow efficiency by allowing cross application secure, audited, access-controlled live data sharing, collaboration, and workflow automation. The API first platform handles static, live, and streaming data with APIs, integrations, and connectors into many data platforms and services. For more information visit www.ipushpull.com.

About Ascendant Strategy

Ascendant Strategy are a capital markets consultancy that specialise in post trade transformation across IT and business process. They understand how to deliver successful strategic outcomes within organisations where infrastructure complexity has overpowered efficiency. Their leadership experiences across functions and geographies have enabled them to develop rich skill sets to help organisations think differently about solving infrastructure challenges – be these costs, complexity or simply making them fit for purpose. For more information visit www.ascendant-strategy.com

 

Contacts

ipushpull

Matthew Cheung

CEO

info@ipushpull.com

Ascendant Strategy

Alastair Rutherford

Managing Director

contact@ascendant-strategy.com