Connect announces new iSTAMP solution
3rd March 2009
The Connect Partnership today chose TSAM in London to announce iSTAMP - a new solution that promises to transform how data moves throughout the asset management middle office, to provide accurate, timely business intelligence and reporting.

The Intelligent Straight Through Asset Management Platform, to give it its full name, is new technology solution, running with ultra-robust, industry-proven technologies at its core, and designed, specifically, to meet the trading and business intelligence needs of the asset management middle office.

Designed on service-oriented architecture principles, the iSTAMP ESB uses enterprise class technologies provided by either IBM or Oracle to transport data automatically, in near-real time and free of errors, between front office, back office, market data sources and asset intelligence systems, to provide business intelligence, on demand.

Implemented and supported on a transparent, low fixed-cost basis, Connect believes iSTAMP to offer the ultimate in flexibility and future proofing: combining phased progressive implementation capabilities, total scalability and easy transfer; to provide real life-time value and meet the challenging requirements of a dynamically changing industry.

Announcing iSTAMP, Connect's managing director, Brian Reid, said: "What iSTAMP does is deliver the best in class architecture that best in class specialist data management and reporting systems need to work to the best of their capabilities.

"The issues that iSTAMP addresses are among the most intractable that have confronted data-reliant businesses over the years. How can we bring data of different types, from different sources, together: immediately and with absolute accuracy; with the minimum amount of human intervention; serve it more effectively to analysis and reporting systems; and better benefit from the intelligence it carries?

"Asset management organizations have invested large sums in specialist systems in the past, only to be disappointed that the performance gains they have achieved haven't lived up to their expectations. iSTAMP now provides them with the opportunity to liberate the potential within their systems: by improving the speed, volume, accuracy and method of data flow throughout the middle office.

"Provided on a low, fixed cost basis, iSTAMP allows organisations to move at a pace and flexibility consistent with both their development plans and their budgets, and do so with the assurance that what they implement is totally scalable and easily adapted to changing circumstances.

"For the business, it promises access to the accurate, timely intelligence they need to drive their asset management, client reporting and risk management systems, and inform their decision making. It provides the answer to the data question. It delivers what we at Connect work for - intelligent business."