Software application development platform Genesis Global today announced the release of the web version of its multi-asset class middle office solution, Trade Allocation Manager (TAM).
TAM provides a strong foundation for operational efficiency and regulatory compliance through a centralized application that automates trade matching, allocation, confirmation and other middle-office processes for equities and fixed income products.
The TAM web application is a scalable, cloud-native solution that seamlessly integrates with other web services, reduces development costs, and improves update and maintenance cycles.
Built on the Genesis Application Development Platform, TAM is constantly evolving through the steady stream of technological innovations and enhancements developed by Genesis. Advances in platform component upgrades drive TAM for data visualization, alerts, document management, and other functions. Innovations in the AI service layer of the platform produce new TAM capabilities for data analysis, data processing and exception management.
New platform capabilities for customizing user interfaces create more options for configuring TAM, based on user preferences.
“Our platform-based architecture gives us a unique ability to respond to major industry changes like T+1 and also continually update the capabilities and configurability of TAM,” said Niketta Postlethwaite-Williams, senior product manager at Genesis Global. “The steady stream of innovation in the Genesis platform offers an expanding array of functional and business components, AI-driven services and user interface tools that we draw on to make TAM a modern and customizable middle office solution. With the web version, customers immediately benefit from the features we’re adding to TAM.”
“Integrating all asset classes, markets and regions into a central middle-office solution is one of the most important things a company can do to improve its operational efficiency and improve its compliance posture,” continued Niketta Postlethwaite-Williams. “Having a single, unified middle office also positions financial firms to compare post-trade processes. TAM provides extensive metrics for performance analytics.”