Itiviti Cuts Counterparty Certification Time with Imandra
Imandra Inc., a leader in cloud-scale automated reasoning, and Itiviti, a leading technology and service provider to financial institutions worldwide, announced the integration of Imandra’s enhanced Core Reasoning engine into Itiviti’s FIX certification and onboarding solution, Conductor. With improvement in Imandra’s reasoning speed over prior state-of-the-art, Conductor can now certify counterparties in hours rather than days according to a story in Markets Media news. The financial services industry has historically addressed software reliability and meeting related regulatory compliance requirements. With this latest advance in its proprietary AI, Imandra tackles these requirements with a scalable, quantitative analysis service that thoroughly maps systems and their edge cases.