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Gissing introduces Gissing ConteX MCS 4.0
(Corporate IT update Via Thomson Dialog NewsEdge) CORPORATE IT UPDATE-(C)1995-2007 M2 COMMUNICATIONS LTD
Gissing Software, a solutions provider, announced on Monday (18 June) the launch of its next generation multi-vendor contribution system, Gissing ConteX MCS 4.0.
According to the company, Gissing ConteX MCS 4.0 features: improved performance, with a new internal data architecture and improved interprocess communication; field validation, enabling users to determine how each field should look and to run checks on the data; derived data handling, allowing users to manipulate input data, conducting complex calculations, comparisons and other analyses, as well as to publish the derived data to the destination of their choice; dynamic configuration, allowing changes to be made dynamically without business interruption; as well as operational monitoring and reporting.
In addition, the solution has been designed to comply with the transaction transparency requirements of MiFID, and Gissing Software has developed a set of MiFID output handlers which will allow users to contribute both pre and post-trade data to their choice of venues, the company claims.
The company will be unveiling the new solution at the SIFMA Technology Management Conference and Exhibit in New York, USA, on 19-21 June, 2007. Four banks have offered to join the beta test program for Gissing ConteX 4.0, with the first clients expected to adopt the new solution and go live during Q4 2007. No financial details were disclosed.
((Comments on this story may be sent to info@m2.com))
Copyright 2007 M2 Communications Ltd, Source: The Financial Times Limited
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