Graz Sweden AB has successfully delivered a solution for performance and positions reporting for one of the largest banks in the Nordics with more than seven million clients. Part of the bank’s MiFID II initiative, the solution spans multiple product categories and systems, as well as millions of accounts.
Graz delivered the solution—based on Hinc, its performance engine and data platform for the financial services industry—in less than nine months. Today, the bank can calculate consolidated performance (i.e. time-weighted returns) for several million accounts accurately and efficiently.
— We were very excited to prove that our Hinc platform has the performance to scale to meet the bank’s complex reporting needs. We are also extremely proud to have been chosen to deliver one of the most comprehensive performance-reporting projects in the Nordics, says Jonas Olsson, CEO of Graz Sweden AB.
Graz Sweden AB creates solutions that address the unique needs of the financial services industry. Leading investment management organizations across the Nordics trust Graz to deliver software solutions to support their mission-critical business processes.
To learn more about solutions and services from Graz, please visit: www.graz.se/press