BNPP Strengthens Capital Market and Brokerage Bizz
By CXOtoday Staff
Mumbai, Nov 06, 2008 1416 hrs IST

BNP Paribas Securities (Asia), a subsidiary of BNP Paribas Group, has opted for Analec ResearchWise for its capital markets and brokerage business.

ResearchWise an investment analytics, compliance management, workflow and investment content delivery platform is aimed to raise productivity and efficiencies within BNP Paribas s (BNPP) research and client servicing business in the market place.

BNPP has an extensive presence in the Asia Pacific region with research, sales and trading presence across the region. Via its ResearchWise application suite, Analec will help to automate and transform many of its internal investment research management and delivery systems, while enabling quality control, compliance and risk management, enhanced investment analytics and seamless and intelligent content delivery to customers.

Indy Sarker, CEO Analec said, Our ResearchWise platform will bring on board over 100 investment analysts at BNP Paribas across Asia, involving 11 locations. In addition, this initiative will automate a number of business processes within research compliance, content distribution and client servicing; ensuring quality control, productivity enhancements and improved risk management and business continuity planning within the business.

Over the course of the next 3-4 months, Analec s team of software implementation specialists and business analysts will work alongside the project team at BNP Paribas to complete the rollout of ResearchWise within BNPP s Asian brokerage business; along with getting onsite at BNPP to impart user- and administrator-level training on the platform across the business.