NEW BST SERVICE – FADE – ASSISTS CLIENTS IN AUTOMATING THE DATA ACCESS DECLARATION PROCESS Thumbnail
SERVICE SEGMENT FINANCIAL ACCESS DECLARATION EXCHANGE (FADE)
INDUSTRY MID-TIER JAPANESE BANK
SCOPE AUTOMATION OF DATA ACCESS DECLARATION PROCESS

NEW BST SERVICE – FADE – ASSISTS CLIENTS IN AUTOMATING THE DATA ACCESS DECLARATION PROCESS

FADE is BST’s new product/service built out of a request from one of our clients to assist them in automating the Data Access Declaration process for their firm. The client currently requires that 55 Data Access Declarations are generated and uploaded to the various exchanges/entities that require these reports. The process is tedious and time-consuming. BST via our partner, BST AG and their FinOffice system created the templates required to generate these reports from the raw data within DACS and the MDM inventory systems. Reports are run in accordance with the timescales required by the exchange/entity. Currently, the upload process is still manual, however we are in the process of automating that portion of the solution on a case-by-case basis. FADE is now available to the marketplace.