Aviva upgrades trade system

software_410Aviva Investors has upgraded its system used for trade and post-trade activities such as portfolio analysis and compliance.

The fund management firm still uses the incumbent LatentZero suite but has rolled out updated versions of all three components. These are Tesseract for portfolio analysis and order generation, Minerva for order management, trading and post-trade processing, and Sentinel for and pre- and post-trade investment compliance. 

Ian Firth, head of centralised dealing at Aviva Investors, said: “In a company like Aviva Investors where we’re thinking in terms of fairly long-term investments, it’s important that our fund managers have access to the most up-to-date data and can see the status of their orders at all times. The upgrade has improved real-time reporting functionality, and that, coupled with enhancements to the user interface, has made it popular with the end users.”

The LatentZero suite has been central to Aviva’s front office operations for equities and fixed income since 2005.

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