Technology Leadership
System innovation, robustness, integration, scale... more than 500 man-years of development.
Technology innovation has always been a distinguishing strength at GlobeOp. And it creates a competitive edge for our clients.
It is a vital and continuing investment: In 2006 we invested more than $18.6 million in technology, license fees and related innovations; in 2007 we invested $22.4 million.
GlobeOp applies Internet technology to create a 'virtual back-office' that enables clients to manage fund activity from anywhere in the world.
Since 2000 we have designed and developed an operating platform which we believe sets the benchmark in our sector. This platform combines core vendor systems, notably Reuters Kondor+TM trade capture system and Advent's Geneva ledger system, with proprietary applications. GlobeOp's proprietary technology is based on a 3-tier architecture and supported by real-time messaging built on IBM®'s MQ tool.
Best Practice Business Continuity
We have established mirror or 'redundant' data centers in Harrison and Wappingers Falls, both in New York
- Consistent with current best practice
- Enhances the capacity and reliability of our systems
- Provides security and disaster recovery protection.
The two data centres run production processing on a daily basis, with the majority of customer data being replicated or backed-up in both centres. All GlobeOp offices are connected to both data centres. We also mitigate risk by having redundant, dedicated power and Internet service providers and connections, whose reliability is tested as part of our business continuity program.