OpenVal, a new system to manage and automate a Bank’s securities master file, is now available according to Teleinvest. It is destined to allow the financial industry in Switzerland and elsewhere to improve efficiency and security aspects in the whole value chain of identifying, creating, updating and leveraging all necessary instrument data. The system integrates the various data sources from global vendors like SIX Financial Information, Reuters or Bloomberg, as well as specific in-house information of banks and other financial institutions. OpenVal is able to reach a level of automation unmatched so far, resulting in improving the competitive position of its users.   

Following a project initiated by Teleinvest’s client Banque Privée Edmond de Rothschild (BPER), the new product is available in stand-alone and ASP versions. Teleinvest is otherwise well known for its comprehensive trading platform for securities dealing, named PREDATOR, also in use by BPER for several years now.