Digiterre is delighted to announce that it has won the HFM European Technology 2015 Award for “Best Workflow Management System” for its Communica Compliance Engine, which launched earlier this Quarter.
The HFM European Hedge Fund Technology Awards recognise and reward those firms that have delivered innovative and exceptional technological products and services to the hedge fund industry over the past 12 months.
The Communica Compliance Engine has been designed in association with clients from the Buy-side and Sell-side to support them in managing all types of compliance processes and in particular multi-jurisdictional and regulatory compliance challenges. Communica Compliance Engine comprises of a Process Designer, to enable non-technical users to design or modify their compliance workflows, a Data Capture engine with “capture-once-use-many-times” functionality and a Portal for use by internal compliance professionals to review the status of workflow items.
Communica Compliance Engine solves the problem of client and investor-related data capture and storage by creating a single unified repository across an enterprise and can be used for multiple processes and regulatory requirements including FATCA, KYC, AIFMD or MIFID II.
The Engine is part of Digiterre’s Communica platform and integrates with third party systems and data to link the “who” with the “what” in a trade lifecycle.
Ian Murrin Founder and CEO of Digiterre responded to the award by saying that ‘The Digiterre Communica team has gone to a lot of effort to ensure that our Compliance Engine meets the wide-ranging needs of different industry participants and this award goes a long way toward validating that hard work and technology investment. We wanted to develop a product that directly addresses pain points for both Buy-side and Sell-side organisations and which we can continue to enhance so as to meet future regulatory compliance challenges as they evolve. One vital aspect of our success to date has been to develop this in partnership with key industry players and in addition to acknowledging the huge efforts by my team, I would like to thank all of our clients, prospects and partners for their help in designing, developing and producing the Communica Compliance Engine, all of who have contributed significantly to us winning this award.’
For more information on the Communica Compliance Engine please go to www.communica.net/compliance/.
Press contact: Ellie Savage: EllieS@digiterre.com or call +44 (0) 20 7381 7960