NY Firm Updates Data Processing Product

May 7, 2003 (PLANSPONSOR.com) - A New York company has announced the availability of an updated version of its data-processing platform.

n-Tier Financial Services said in a news release that its Control Workbench 4.1 product is designed to manage any type of company data across a variety of different IT systems.

According to n-Tier, Control Workbench works with any data matching or data-reconciliation process and brings together data from any number of systems. The product is built using Java technologies, run within the Web server, and features an XML-based design.

n-Tier said the potential uses for Control Workbench include:

  • firm and client data management
  • real-time exception identification and management
  • global reference data management
  • intercompany account and transaction controls
  • data management for system migration projects
  • Web portal data integration and management
  • Straight Through Processing
  • compliance and regulatory controls
  • order, execution, allocation, and confirmation controls
  • cash and securities reconciliation.