Jupiter Asset Management is to deploy CheckFree's Trade Flow TPM package for electronic trade confirmation, local matching and automated settlement.
The CheckFree TradeFlow deployment forms part of an overall system review undertaken by the company. Jupiter intends to migrate its middle office processing from a number of disparate systems and semi-automated processes, using Trade Flow as a centralised financial messaging hub.
Ken Crawford, director at Jupiter Asset Management, says the firm was looking for a system that could accommodate demanding business and technical requirements.
"We chose CheckFree TradeFlow TPM because it was clear that the business benefits of its technological architecture can quickly be realized across our organisation," he says.