Nimbus and PaceMetrics enter into partnership

Nimbus today announced a partnership with PaceMetrics that offers financial institutions the combined benefit of their complementary products and expertise. PaceMetrics provides innovative enterprise data management (EDM) solutions for financial institutions to achieve accurate and timely pricing, reference, counterparty and corporate actions data as well as embedded governance for financial institutions.

The alliance couples the process clarity delivered by Nimbus Control, with the real-time delivery of transactional information by PaceMaker, to offer increased visibility and control of critical business operations such as trade settlement, payments processing and regulatory reporting.

Antony Bream, SVP, Global Head of Financial Services, Nimbus, commented: “We are excited about this partnership with PaceMetrics and have been working closely on this offering, which extends the reach of Nimbus Control to a wider audience. By integrating metrics and dashboards from PaceMaker into Nimbus Control we provide our clients a combined view of how the business operates from a business process perspective, together with real-time transaction and operational data accessible from this contextual view. The combination provides our Financial Service industry clients a complete capability for addressing continuous improvement of process, performance and compliance.”

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