Barclays POINT User Survey Results
Find out how the fixed income industry is reacting to the planned retirement of Barclays POINT
“After analyzing the survey results, one thing is clear: asset managers who use POINT were blindsided by the planned retirement of the platform with a short timeframe of just 18 months.
Some key findings include:
- The majority of respondents view the transaction and retirement of POINT as negative to them and the industry.
- Respondents cited a number of concerns: unknown pricing, lack of communication, short timeframe, quality issues in PORT, access to historical information, uncertainty over how migrations will occur, and limitations in PORT functionality.
- 92% of respondents use POINT for risk analytics, but 50% do not believe that PORT supports the risk analytics function.
- 80% of firms plan to initiate a search and selection and 70% of firms plan to do so immediately.”
Visit Citisoft to download their Barclays POINT Survey Results
The IKINDI KTier™ helps asset management companies prepare for POINT alternatives over the next 18 months through the following key stages:
5-Step KTier™ Solution
- POINT Leverage – Maximize the life of POINT while this costly service is still a part of your infrastructure
- POINT Alternatives – Determine current usage dependence & alternatives evaluation and selection
- POINT Migration – The migration path through operational processes & procedures, transitional sandbox comparison for data integration and data management, Parallel and Go-Live date
- The IKINDI KTier™ FinTech Data Management Solution in the cloud.
- Future Environment – Enterprise Reporting Platform ‘ERP’ framework
This powerful rules-based business process and data engine forces an intelligent investment data highway in the cloud, providing the framework for enterprise reporting with validated, two-way, timely data.
Download your copy of the product sheet:
IKINDI KTier™ Solution for Barclays POINT Transition
Blog posts and articles that provide insights and IKINDI perspectives on Fintech cloud data management solutions.