BNP Paribas Asset Management has selected Mercator Software, the integration software developer, to standardise its settlement operations.
In the first phase of the implementation, Mercator Integration Broker, a solution that automates recovery from system failures, will integrate the disparate business systems undertaking the investment manager's trade settlement processes with Automatch, the Omgeo order matching solution. Systems to be integrated include Paribas' legacy order tracking system.