Vendor-neutral, one-stop-shop strategy combines market data solutions and consulting support with comprehensive infrastructure and cloud services 15 November 2023 – RESTON, Va. – Transaction Network Services (TNS) today announced the acquisition of West Highland Support Services, a financial market data solutions provider based in Danbury, Connecticut. The acquisition will enable TNS to deliver market data...Read More
The Top 3 Reasons to Embrace Managed Services Based on our research into Financial Service firms reevaluating market data operational support, 3 things that consistently come up as areas that need to be addressed are: Cost Attrition Skilled Staff In this blog we will take a deep look into these and how Managed Services resolve...Read More
Westy Automates Data Notifications! Market data vendors send data notifications to financial firms totaling over 5,000 per year. These notices impact product changes, coverage, and often have financial implications. When data notifications are not serviced firms are at risk of losing service or accumulating additional fees. Firms process these notices with large teams and hundreds...Read More
Meet Westy, our MDS Super Bot! Market data vendors send invoices totaling over $33 billion per year to MDS administrators at some of the most technically advanced financial institutions in the world. However, most of these invoices are processed manually because of the myriad of disconnected systems used in the complex accounts payable process. This...Read More
EXECUTIVE SUMMARY Market data vendors send invoices totaling over $33 billion per year to MDS administrators at some of the most technically advanced financial institutions in the world. However, most of these invoices are processed manually because of the myriad of disconnected systems used in the complex accounts payable process. This results in processing times...Read More
EXECUTIVE SUMMARY Machine Learning (ML) and artificial intelligence (AI) are revolutionary tools that are dominating the application space and are appearing in many aspects of our lives. Every financial institution stores multiple security master files from a multitude of vendors. Ensuring data quality and making decisions based upon best-in-class data sets, verifying the accuracy, and...Read More
EXECUTIVE SUMMARY Robotic process automation (RPA) and artificial intelligence (AI) are revolutionary tools for boosting productivity and improving quality in the financial service industry. RPA is used to automate repetitive, time-consuming tasks that are rules-based with the goal of establishing fully automated end-to-end processes. Moreover, RPA can be the foundation for the broader digital transformation...Read More
New York – September 30, 2020 – Advisor Credit Exchange (ACE), a breakthrough innovation in delivering lending solutions to financial advisors, has engaged West Highland Support Services, a global managed services provider, to provide 24-hour support for ACE’s credit marketplace platform. West Highland’s award-winning Managed Services will now support ACE’s end-to-end technology and software. The...Read More
It has long been recognized that managed services provide benefits beyond cost reduction. Although commercial savings can reach upwards of 60% against existing cost of in-house models, the pandemic has shined a light on several equally important benefits that are provided by outsourcing. Managed services have been immune to risk that localized proximity models have. ...Read More
West Highland has expanded our Intelligent Data Platform which provides clients the ability to ingest sources for any structured or non-structured data and deliver to a customizable dashboard with a robust REST API for Data Science and Quant Analysis. IDP-Legal Entity Mastering (IDP-LEM) to support Investment Management firms need to see vendor data sources and...Read More
