InvestCloud, a company that delivers securities technology and services from the cloud, has launched The Prime Broker Cloud, the first of their institutional solutions for the securities industry.
The Prime Broker Cloud is an object solution for prime brokers that combines InvestCloud’s transaction editor, message technology, Interactive Data Repository, intraday accounting, order management system, and Interactive Reporting Portal.
The Prime Broker Cloud is designed to enhance the efficiency and effectiveness of processes at the heart of the prime brokerage role. It is able to selectively solve precise points of weakness in a prime services vendor’s current service offering by using the InvestCloud platform’s ability from the cloud to join with an institution’s current infrastructure and applications.
John Wise, chief executive, says: “Our team’s experience in working with the world’s largest prime brokers has enabled InvestCloud to produce an object solution that can address holistic requirements or existing specific functional gaps. The combination of our object solution and cloud provides a unique, agile and fast-to-deploy solution that can be assembled to meet these prime broker requirements.”