From Financial IT:
NeoXam’s DataHub platform has been selected by Tikehau Capital, the global alternative asset management group to support a broader IT and operational transformation program across their global multi-fund business.
NeoXam’s DataHub will serve as a central repository for Tikehau Capital, creating a single point of the truth for securities, business entities, indices & benchmarks and portfolios. With a comprehensive range of diversified offerings across multiple asset classes, efficient data distribution is essential for the asset manager. The selection of NeoXam DataHub allows Tikehau Capital to consolidate a number of in-house developed data management systems into one ‘best of breed’ solution that will be used across its different investment hubs.
Bertrand Honoré, Group Chief Technology Officer at Tikehau Capital, said: “After an extensive market analysis and with a number of very good options, we have decided to select the DataHub from NeoXam to support to this new important phase of our IT systems. It is the best fit for our requirements”
Florent Fabre, Chief Operation Officer at NeoXam, added: “Financial institutions are always looking for a simple way to access all of their data in one place, rather than having to pull data from multiple parts of the business. By selecting NeoXam DataHub, Tikehau Capital will avoid any manual data management headaches, while also having a scalable solution which can grow in line with investor demands.”