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Straight-through processing

 Maximum operational productivity requires integration of core portfolio accounting and trading systems with reference data and business process management in order to achieve straight-through processing of client requests. The diagram below shows the hierarchical integration dependencies between these systems.

 Integration of core systems with workflow and BPM can enable enormous gains in productivity, allowing operations to scale without a corresponding increase in staff. Straight-through processing can be extended to advisors and distribution partners through online delivery gateways, such as web portals and communications hubs.

 However, achieving this level of integration has been challenging for managed accounts industry participants. Building the workflow and reference data systems necessary for BPM is expensive, and integration with existing portfolio accounting systems is difficult.

Peridrome's Dash solution provides the necessary integration components tailored for managed account processing (workflow interfaces, reference data and BPM), so firms are able to focus on defining and improving business processes, not building base technology infrastructure.
   
Dash includes an integrated enterprise service bus (ESB) for orchestrating external systems, such as portfolio accounting and trading platforms.

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