It has been standard procedure for Comada to add features to its releases to meet the challenges of real-time changing business parameters. However we also appreciate that the system’s architecture must also keep pace with modern demands. Our latesrelease delivers significant improvement in functionality combined with modernisation in the system architecture which brings its own immediate benefits.
A new technology framework
As business moves to operate on a wide variety of platforms and yet remain secure, we have introduced a framework which supports the browsers that people now want. This means that M.A.T.ware operates on Chrome and Safari as easily as Internet Explorer or indeed any number of secure browsers. This means consistency in the presentation and interaction aiding in the ease of use.
Our new framework also works for users operating on tablets as it supports touch screen systems. With modern work running on a variety of devices to support remote working as well as in-office work and given M.A.T.ware’s private cloud-based solution, it’s completely in line with operating securely anywhere.
Multiple approval process
M.A.T.ware is used by both large institutions with a significant number of users and smaller firms that have only a handful of users. It’s been critical to users that their way of working including internal controls, is suited to their business scale. M.A.T.ware’s core strength is based on its configurability that enables clients to actively manage every day complex processing and reporting with ease. This configurability not only ensures their system is sized best for their business today, but also provides the necessary scalable framework required for the business changes ahead.
One such area is multiple approvals (commonly referred to as “four-eyes”). M.A.T.ware has well-established multiple approval controls over the trade process. However this release extends a universal feature that allows businesses to configure multiple approvals as needed over functions. An immediately useful implementation of this is in Price and Performance Management where firms that desire internal controls over price discovery can implement them. Of course up front controls including data validation and tolerance checks have long been in place but multiple approvals extends this for best practice.
M.A.T.ware has always been characterized by its precise, dynamic valuation process. Supporting onshore and offshore hedge funds, private equity partnerships and equities through a pricing evaluation model allows for no compromises. In order to enhance speed, Comada has targeted this critical area with a highly optimized process that means getting this information instantaneously is managed and delivered consistently. Ultimately we know users want to get the results rather than spend time on a system.
Out with the old
As technologies evolve we constantly upgrade M.A.T.ware – for this release we have moved to Microsoft’s newest .NET architecture version. We have also removed and replaced older (which today may only be a few years old) technology. It makes us able to build new features more efficiently and therefore respond to the business requirements of our clients.