Man Group has gone live with SWIFT’s global Electronic Trade Confirmation (GETC) messaging service. The alternative investment management business recently confirmed first trades with Morgan Stanley via the Cor Financial Salerio post-trade management service.
Robert Ottley, head of trading operations, Man Group, says: “The project to deliver SWIFT GETC has been completed in less than seven weeks from the first test release to go-live. This is thanks not only to the quick turnaround from Salerio, but also to Morgan Stanley who have been extremely supportive during the testing phase of this project. We will continue to add brokers to this network throughout 2013.”
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