Nirvana’s Data Hub is a scalable software and service offering that aggregates data across thousands of accounts at hundreds of counterparties. The software transforms the data into a single normalized output that can be consumed by any third-party system. The offering comes with an integrated Golden Security Master (GSM) management tool that allows users to manage a centralized security master and identify new securities at the point of entry. The offering is ideal for large Asset Managers, Prime Brokers, and Administrators/Custodians who need timely accurate data aggregation and the management of multiple securities spanning multiple asset classes. The Nirvana team manages integrations across all counterparties resulting in automated data management workflows where data can be fetched from different counterparties with ease. The solution is accessed via a cloud-based offering and delivers a cost savings between 40% to 50%, compared to in-house solutions.
The offering comes pre-configured with 150+ counterparties and 100+ broker FIX connections. New configurations can be set up with ease via a flexible mapping interface.
A user friendly security master tool identifies new securities and allows users to seamlessly create any new securities, including OTC asset classes. The GSM tool can integrate with any third-party security master database like Bloomberg, allowing for further automation.
Identifies errors, via a consolidated dashboard, allowing users to easily manage exceptions and correct outliers.
Delivered via the cloud in a flexible price point with a pay-as-you-grow model.