Information Mosaic to Present on Eliminating Operational Risk in the Back Office at the 7th Annual Back Office Forum, Vienna

News provided by

Information Mosaic

May 11, 2010, 05:15 ET

LONDON, May 11, 2010 /PRNewswire/ --

- Manmohan Singh, Head of Product Leadership, will Examine the Need for Business, Cultural and Technological Change to Remove Unnecessary Breaks and Reduce Risk in Post-Trade Processing

Information Mosaic, the global provider of post-trade automation solutions, will attend the 7th Annual Back Office Forum, 11th - 12th May in Vienna, Austria, and present on eliminating operational risk in the back office through a breakless approach to post-trade processing. At the event, key industry participants from across Europe will gather to discuss developments in back office operations management.

Manmohan Singh, Head of Product Leadership, Information Mosaic, will examine the need for a holistic approach to business, cultural and technological processes in the back office, removing unnecessary manual intervention and reducing operational risk. The presentation will analyse:

    - Risk elimination as a prerequisite for operational excellence;
    - The role of STP in risk reduction;
    - Significantly reducing risk by eliminating manual intervention;
    - Control measures for ensuring compliance and efficiency in
      the back office.

The recent financial crisis and the resulting focus on regulations have reinforced the need for the securities industry to examine back office operations. Calls for increased transparency and reduced risk mean that firms are now looking hard at how to streamline processes and reduce the need for manual intervention.

Manmohan Singh will be speaking at 15.10 on 11th May for the session: Eliminating Risk at the Back Office Level: A Breakless Approach and will be available for interviews prior to and after the session.

About Information Mosaic

Information Mosaic is a trusted global provider of advanced post-trade automation solutions to the securities industry, to include custody, asset servicing, private wealth, asset management and investment banking. The company is a recognized market leader for corporate actions automation, winning the 2009 European Banking Technology Readers' Choice Award for best corporate actions solution and achieving record scores in B.I.S.S. 2009 corporate actions benchmark tests.

Founded in 1997, Information Mosaic currently supports the post-trade operations of over 60 financial institutions worldwide. The company has a proven track record of helping financial institutions transform post-trade operations, enabling them to enter new markets, improve customer service and reduce the risk and cost associated with volume and complex processing. Information Mosaic's breakless post-trade automation platform removes reconciliation points and therefore reduces risk and cost for all core post-trade services including corporate actions, securities settlement, trade, portfolio and cash management.

The company supports its global customer base from offices in Dublin, London, Luxembourg, New Delhi, Singapore, Melbourne and New York.

    For more information visit: http://www.informationmosiac.com

    For further information:
    Nicola Garvin
    +44(0)20-3100-3586
    [email protected]

SOURCE Information Mosaic

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