Game, FactSet and match for Banco Santander Totta’s new online broker
FactSet, a US-based provider of financial information and analytics software to the investment management industry, has developed a new online broker offering for Banco Santander Totta in Portugal.
The broker portal comes with an embedded trading functionality and a portfolio application. According to FactSet, the bank’s new web presence offers a “clear design with intuitive navigation, an innovative search, and is fully responsive for desktop and mobile devices”.
The offering also provides real-time market data, analysis tools, general market information and news, access to asset-class specific overviews, fact sheets and searches. Asset classes include stocks, exchange traded funds (ETFs), bonds, warrants, indices and FX. Users can set up personal watch lists and alerting for price-related data and corporate actions; and visualise real portfolios.
Santander Totta is the largest private bank in assets and credit in Portugal and one of the largest in terms of deposits, and belongs to Santander Group. According to Santander Totta, it has a market share of 17% in credit, 760 branches and 7,100 employees.
Earlier this month, National Bank Investments (NBI), a subsidiary of National Bank of Canada, opted for FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence system.
Last year, FactSet completed two acquisitions. These were Vermilion Software, a client reporting and communications software specialist, and Cymba Technologies, which focuses on asset and investment management software and solutions.
