Barclays POINT User Survey Results

Find out how the fixed income industry is reacting to the planned retirement of Barclays POINT

Citisoft reports:

“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