Back to back awards confirm Electra as the industry leader
in providing post-trade outsourced services
New York – July 16, 2018 – Electra Information Systems (Electra), the leading provider of post-trade solutions for the asset management industry, has been awarded Best Outsourcing Service Provider in this year’s Waters Rankings Awards.
Winning for Electra’s suite of services including Electra Data data aggregation and the recently launched Electra Managed Reconciliation Service, Electra was selected by a popular vote of Waters readers and members of the buy-side community. Electra was presented with the award for the second year in a row at a winner’s luncheon at The Players in New York, besting offerings from twenty-eight other vendor nominees in the category.
Electra’s win once again proves the firm and its offerings to be a key component in helping asset managers gain efficiencies in their operational workflows. Recognized as the industry hub for collecting buy-side accounting data from a wide range of sources including custodians, brokers, sub-advisors, and fund administrators, Electra has expanded its outsourced service activities to include managed reconciliation services. Electra’s services become an extension of a client’s own back office including data collection and validation, reconciling accounts and assisting in resolving exceptions, allowing clients to focus on higher value activities.
“Our winning the Waters Rankings Award for the second consecutive year validates our model of providing the best overall experience for our customers,” said John Landry, CEO Electra. “Clients and Waters readers have again affirmed that Electra’s level of service in handling time-consuming, resource intensive duties is clearly above others. This is especially true in outsourcing where you have to provide a level of service greater than previously provided whether by another vendor or in-house. Electra solutions deliver scalability and flexibility and we look forward to another successful year of providing award-winning offerings to the industry and our clients.”
Notes to Editors
ABOUT ELECTRA INFORMATION SYSTEMS
Electra Information Systems is an award-winning innovative provider of proven post-trade software solutions for the asset management industry. The largest buy-side aggregator of investment accounting data, Electra is relied upon by institutional investment managers, hedge funds, insurance companies and plan sponsors for their data management command and expertise.
Electra partners with clients, which include more than 200 users in 11 countries and forty percent of the top 75 of the world’s asset managers (P&I Ranking published May 29, 2017 based on December 31, 2016 data), helping them significantly increase efficiency and reduce risk. With decades of collective subject-matter expertise, Electra is a specialized one-stop-source for post-trade processing solutions.
For more information, please visit www.electrainfo.com.