EZOPS and Orchestrade announce new distribution partnership to advance reconciliation, data migration and better customer experience


EZOPS

Data automation company to expand customer service by partnering with trading and risk management platform

NEW YORK, Nov. 16, 2022 (GLOBE NEWSWIRE) — EZOPSthe leading provider of AI-powered data control, workflow automation and regulatory reporting platforms, today announced its partnership with Orchestrade, a leading modern multi-asset trading and risk management platform for banks, asset managers and hedge funds. The collaboration will offer a wide range of solutions offering end-to-end integration and post-trade data automation.

The partnership between EZOPS and Orchestrade channels will provide the market with a cost-effective and comprehensive answer for more efficient data migration. EZOPS adaptive and intelligent platform will allow the operations user to monitor, modify and track the lifecycle of data, from integration to fault management and from resolution to reporting. With the prebuilt integration in Orchestrade, trade data is seamlessly transformed and prepared for reference data checks, NAV calculations, derivatives settlement confirmation, or any other critical downstream operational task.

“At EZOPS, we recognize the industry’s need for a new approach to managing and applying post-trade data for various requirements and we are very pleased to partner with Orchestrade to achieve this,” said Dutt Chintalapti, co -founder and COO at EZOPS. “Even today, data operations are handled on rigid and aging reconciliation systems that were not designed to fully meet the needs and adapt to the ever-changing requirements of asset management companies. today. The concept of post-trading is not limited to reconciliation, since most of the heavy operations take place before and after the end of the recognition. This is why many investment operations, large and small, must choose between tools built and maintained in-house or outsourced operations.

The EZOPS ARO platform was designed to integrate with sophisticated financial software vendors such as Orchestrade. The single platform includes self-service reconciliation, workflow and reporting modules, AI-powered prediction capabilities, analytics capabilities, and process automation features that enable customers improve and automate time-intensive business processes. EZOPS low-code framework allows users to easily automate the source of most inefficiencies and manual data quality remediation, paving the way for automating repeatable tasks throughout the lifecycle data and value creation at scale.

The EZOPS platform incorporates machine learning to eliminate time-consuming and complicated processes associated with the manual nature of financial data. With many years of experience in capital markets for the buy and sell side, the data automation platform offers a robust and flexible solution to deliver reliable and actionable insights.

“This partnership allows our customers to seamlessly access EZOPS AI-enhanced capabilities for data analysis and reconciliation. The interoperability at the heart of the Orchestrade system allows us to provide the broadest range of data connectivity with end-to-end consistency. So our users can really benefit from real operational efficiencies,” adds Gordon Chan, Managing Director of Orchestra.

About EZOPS
EZOPS harnesses the power of machine learning and intelligent process automation to revolutionize data control and drive transformative efficiencies at some of the world’s largest financial institutions. EZOPS offers comprehensive capabilities that large-scale and complex enterprises need to manage the five pillars of operational data control – reconstruction, reconciliation, search, remediation and reporting – all powered by machine learning and intelligent workflow management of work. EZOPS operates worldwide with offices in the United States, Europe and Asia.

About Orchestra

Founded in 2009, Orchestrade Financial Systems offers the most modern technology for cross asset, front-to-back trading and risk management. Its award-winning capital markets platform has been implemented by leading financial institutions in North America, Europe and Asia. Orchestrade is headquartered in Silicon Valley with offices in Paris, London and New York.

Contact:

Evan Sneider
Public Relations Manager
[email protected]
D +1 954 673 6835

Tim Binnington
Global Marketing Manager
[email protected]
D +44 20 7600 8844

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