Cetova Introduces Trading and Risk Management Reporting Package for Financial Services

Easily Generates Critical Reports in Hours or Days —Not Weeks or Months

News provided by

Apr 27, 2011, 11:30 ET

JERSEY CITY, N.J., April 27, 2011 /PRNewswire/ -- Cetova Corp., (www.cetova.com), a provider of performance management software solutions since 2002, has announced an off-the-shelf solution for capital adequacy, risk management and Basel II compliance reporting, for market makers, asset managers, hedge funds and institutional firms. The company will demonstrate its Trading and Risk Management Reporting Package during the A-Team's Conference on the Business and Technology of Low-Latency Trading, Booth 126, on Thursday, April 28 at the Crowne Plaza Times Square, New York City.

"Cetova's Trading and Risk Management Reporting Package leverages user-centric, web-based report distribution, drag-and-drop report creation and data filtering, so critical reports can be created in hours or days, not weeks or months like the other competitive solutions," says Craig Foote, Cetova's COO.

Designed to interface with popular Order Management Systems (OMS) including BRASS, Charles River, and AddVantage, Cetova's solution also connects with custom OMS's. To maximize utility, included in the package are many requisite trading and risk management reports, including risk profiles, capital and value-at-risk, capital adequacy, and exposure by asset class, geography and/or industry.

Additionally, says Foote, "Non-IT personnel can generate ad-hoc reports with the simple drag-and-drop designer. With Cetova, a trader's assistant can create and publish reports with only a few clicks."

Both OLAP cube-type reports and tabular query reports can be produced using Cetova, without the need for a separate, complex data warehouse. This cost-effective capability provides a wide array of real-time reporting options against trading, order and execution data. In addition, Foote states that Cetova's licensing is much more aggressively-priced than the competition.

For A-Team conference information, licensing options or additional details regarding Cetova's Trading and Risk Management Reporting Package, contact Bill Glasofer at 201-938-0200, extension 110 or visit www.cetova.com.

About Cetova

Cetova Corp. (www.cetova.com) develops, markets, implements and supports a suite of Corporate Performance Management Tools that are pre-integrated with many standard ERP Systems. Cetova products uniquely combine ease-of-use, flexible publishing, speed, rapid & secure deployment, and low cost to deliver unparalleled client value. Cetova Corp. is a subsidiary of GL Associates, which has successfully served the Fortune 500 since 1980 in financial services, systems development, ERP consulting, chart of accounts design, and project management.

Press Contact
Mark Bruce
HiTechPR
Phone: 914-967-6932 Ext. 200
E-Mail: [email protected]

SOURCE Cetova Corp.