Arkéa Investment Services (Arkéa IS), the asset management and private banking arm of the cooperative and mutual group Arkéa, has selected NeoXam to provide its front-to-middle office portfolio management system for its affiliates, Federal Finance Gestion and Schelcher Prince Gestion.
NeoXam Tracker 3 will allow Arkéa IS to manage its complete asset management process as well as support its growth.
Arkea IS says that NeoXam Tracker 3 will it to concentrate all of its activities on one single platform to simplify and harmonise its information system and manage all the requirements of institutional portfolio managers and mutual funds.
Sébastien Barbe (pictured), Head of Arkéa IS management board, says: “We were seeking a solution that would provide us with a much more comprehensive, automated way of managing our portfolios. For us, NeoXam Tracker 3 fits the bill – its functionality means that we can follow trading positions through the whole process, from electronic order management to matching the portfolio with third parties administrators. We are confident that the NeoXam Tracker 3 platform will help us to attract more asset managers.”
Serge Delpla, Chief Executive Officer at NeoXam, says: “We have worked with the wider Arkéa team for many years now using NeoXam GP3. We are therefore delighted to further support their asset management business with NeoXam Tracker 3. This solution will enable Arkéa IS to continue its growth and development, and to better assist its clients by offering a higher service quality. NeoXam Tracker 3 will provide a straight-through processing solution to Arkéa IS.”