FactSet Collaborates with CG Blockchain to Provide Improved Order Management

KEY TAKEAWAYS:

• FactSet announced that it had teamed up with CG Blockchain with the intention of providing improved services to its customers.
• The deal entails combining the leading products of both companies to come up with a solution that would render real-time transactions safe, secure and transparent.
• Officials of both companies have expressed enthusiasm over the strategic partnership and hoped that it would establish FactSet as the front-runner in its field.

FactSet announced that it had struck a strategic partnership with CG Blockchain with the hope of providing better order management capabilities to the clients of
both entities. While FactSet specializes in providing its clients with information pertaining to integrated finances and analytical operations, CG Blockchain has expertise in developing blockchain technology to suit the requirements of the investment sector.

One of the most powerful solutions offered by FactSet is OEMS, which is a configurable management system that has the capabilities of acting as the central platform that would create and execute trading strategies. Likewise CG Blockchain offers a product named Compliance Guard, which is basically a suite comprising of apps that are supported by a strong and sturdy framework.

Courtesy of this strategic partnership, now OEMS solutions offered by FactSet will integrate with blockchain technology offered by CG to create a powerful platform. So, investors can expect real-time and persistent recording of all transactions and enjoy heightened levels in terms of security, safety and transparency. Another advantage is that FactSet’s clients will now have access to CG Blockchain’s products and vice versa.

As per the senior vice-president of FactSet, Mr John Adam, it is imperative on part of FactSet to continue evolving its solutions to suit the present-day needs of its customers. To this effect, he regarded the technology offered by CG Blockchain as being innovative and mutually beneficial to all concerned parties.

President of CG Blockchain, Bob Bonomo, described this initiative as exciting and transformational and something that positioned FactSet as a frontrunner in the industry.

About Blockchain Terminal

Blockchain Terminal bridges the gap between institutional investors and the cryptocurrency market. By combining data from top cryptocurrency exchanges, information about upcoming ICO’s, and news from publications and social media, our hardware creates a complete picture of the crypto world. Our proprietary ComplianceGuard Technology creates a strict framework that allows Chief Compliance Officers to manage and mediate all interactions on the terminal.

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