Johannesburg, 09 Jun 2010
MCI Consultants today announced that Anglorand Securities had successfully embraced MCI's locally-developed Web-based portfolio management system, PortCIS, which is now offered to its clients on a 'software as a service' (SaaS) basis.
“Our first client to adopt this solution has now been successfully live for several months,” commented Jan Rabbets of MCI. “The Web-based PortCIS system allows portfolio managers to model portfolios, calculate performance, and view a list of client transactions and personal details from anywhere, anytime.”
“MCI fully understands our requirements and continues to work closely with us at all times. This development and model is very much in line with global trends and allows our portfolio managers to view their clients' portfolios from anywhere worldwide,” commented Yulindi Taljaard of Anglorand Securities.
PortCIS is just one part of a suite of applications that MCI has developed for the financial services sector and is being utilised at a number of organisations. Other systems include TradeCIS, which incorporates the JSE rules and legislation and facilitates trading on the JSE, NetCIS, a Web-based solution that integrates with TradeCIS and Mobile Trading applications, which provide streaming market data and online trading capabilities for wireless platforms.
Anglorand Securities is a consolidation of financial services companies dating back to 1968 and includes Cahn Shapiro, stock brokers (1968), DC Palmer & Co, stockbrokers (1995) and Aurica Asset Management, an asset management organisation (1995). It is governed by the Financial Services Board of South Africa and the JSE Limited (“JSE”) under the Securities Services Act and the JSE rules and directives.
For further information, please contact Jan Rabbets, MCI: tel 011 454 3420, fax 011 454 3417, e-mail j.rabbets@mci.co.za.
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