BCS Taps Arqa Technologies for Back-Office Software

Arqa's back office system provides BCS clients with record-keeping, trade settlement, regulatory reporting and partial management accounting capabilities, and enhances the firm's transaction clearing model.

"The main challenge we faced was to implement a universal system that would incorporate different markets, instruments and currencies," says Tatiana Chepeleva, managing director and head of investment banking operational strategy at BCS. "While developing the system there have been wide consultations made and we have met the high standards and business requirements of the company. Implementation of the software has been a huge success."