Neoxam Suite

Neoxam Suite is a suite of data management solutions designed to address the data challenges faced by financial institutions. According to the vendor, it provides a centralized repository for managing master data, market and risk data, and investment data. The product is suitable for financial institutions of all sizes, including asset managers, institutional investors, asset servicers, banks, and corporations. It caters to the needs of data managers, risk managers, investment managers, compliance officers, and IT professionals within the financial industry.

Key Features

Master Data Management: Neoxam Suite offers a comprehensive solution for managing various data domains, including securities master files, funds and mandates, business entities, indexes and benchmarks, and corporate actions. It provides pre-configured data models, connectors, and user interfaces, allowing for customization based on specific business requirements, according to the vendor.

Market & Risk Data Management: Neoxam Suite facilitates efficient management of market and risk data from a centralized enterprise repository. It supports various data domains, such as market data, historical data, and risk data, and provides tools for normalizing, modeling, and enriching the data, according to the vendor.

Data Acquisition and Verification: The product enables the acquisition, reconciliation, and verification of raw data from multiple suppliers. It supports multiple data acquisition options and allows users to create golden copies of data by deriving it from standardized suppliers or third-party services, as claimed by the vendor.

Data Quality Checks: Neoxam Suite implements automatic data quality checks on both raw and processed data, aiming to ensure data accuracy and reliability. It also supports data governance capabilities, enabling users to prioritize data suppliers and select data at the issuer level, according to the vendor.

Integration and Flexibility: The product is designed to be configurable and flexible, allowing easy integration into existing IT infrastructure and workflows. It offers seamless integration with primary market data providers and operational systems through automated file-based integration, direct API, or manual uploads, as stated by the vendor.

Investment Book of Records (IBOR): Neoxam Suite provides a real-time data repository for investment procedures. It enables the calculation and enrichment of investment data in real-time, allowing for the generation of positions, exposures, and coherent analysis, according to the vendor.

Customization and Extension: Users have the ability to customize and extend the pre-configured data domains of Neoxam Suite to fit their specific needs, aiming to reduce implementation time. The solution includes specific dashboards for monitoring day-to-day activity and detecting data discrepancies and anomalies, as claimed by the vendor.

Data Reconciliation: Neoxam Suite supports data reconciliation, assisting users in detecting, correcting, and approving divergences to ensure data accuracy and reduce operational risk, according to the vendor.

Data Distribution: The product offers various data distribution options, including CSV, REST/SOAP API, and JMS message broker. It allows users to schedule and orchestrate data distribution to downstream systems with real-time data updates and cloud-native capabilities for scalability and cost optimization, as stated by the vendor.

Automated Data Derivation: Neoxam Suite includes a business rule engine for creating and managing data derivation rules, aiming to improve efficiency and accuracy. Users can derive and process data according to specific requirements, according to the vendor.