FinTech Magazine May 2020 | Page 189

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189 its standard portfolios and also to be able to move tactically to take advantage of movements in the markets , something that was not easy under the former system . “ Now when our advisors make a decision to buy a particular asset we can see at once what the sale price is , and then go back and prorate other securities down to move fast and at scale , seamlessly across our entire database . As the firm continues to grow we need that flexibility to satisfy our clients ’ needs . At the same time we need to be able to administer it ; our analysts do most of the trading , and we need to segment out different groups because one group may operate a little bit differently than another .” The need to have multiple users of the system doing 100 tasks simultaneously and efficiently is what led them to RedBlack , he says . “ We can run hundreds of accounts a minute , where previously we didn ’ t have that ability . So as we grow , it ’ s just become more and more important that we can trade seamlessly right across the whole book of business .”

For Kyle Wesley , Bleakley ’ s commitment to its clients from corporate

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