Site Logo

Revista Systems launches for UK financial services community

New firm, Revista Systems, created to support the specialised communications needs of the financial services community, has officially launched in the UK. At the same time, the company has announced the availability of Revista CCM, a communications convergence management solution which links and tags all relevant voice, intercom, hoot, mobile, chat and other electronic mediums via a user interface.

Revista Systems is led by Umesh Patel, who mostly recently established and ran ICAP's RESET bond business. Revista System is a subsidiary of CSF Capital, a Melbourne based family office, led by entrepreneur Andrew Robinson.

Andrew Robinson, Co-Founder and Executive Chairman of Revista Systems said, "we are delighted that someone of Umesh's calibre and experience has agreed to join us to lead the business in London. Our principle for this important market is Communications Convergence Management (CCM) and our goal is to provide a competitively priced, agile system which helps financial firms to achieve their market conduct and productivity goals. We are already engaged in conversations with a number of financial institutions, and very encouraged by the genuine interest these have generated."

Revista CCM, available as a private cloud or a SaaS solution, integrates with existing communications infrastructure to structure and link metadata to and create a structured record management repository. Improved workflow and automation capabilities facilitate the instant and accurate linking of every relevant interaction related to enquiries and trades from inception to settlement.

With the MiFIDII deadline looming, surveillance and compliance teams, sales and business managers have access to an adaptable and cost-effective solution which improves transaction communications scrutiny and overall efficiency and productivity. Revista CCM is a non-disruptive solution which can be up and running very quickly with a flexible range of options from micro-service deployment to multi-channel integration. APIs, automation and CRM integration reduce manual intervention, accelerating regulatory compliance capabilities and facilitating improved business productivity. Its inherent design is highly flexible and is appropriate for both buy and sell side financial firms. 

Umesh Patel, Head of Product Strategy and Business Development at Revista Systems added, "under MiFID II, although yet to be confirmed, it is very likely that financial firms will only have 48 hours to provide complete evidence of all communications relevant to any business or trading transaction that is under investigation. This mandate applies equally to both internal and external interactions. Without Revista's comprehensive linking and tagging capabilities this is very difficult to achieve, and currently it's highly likely very few firms would be able to comply with this non-negotiable, time sensitive demand." 

More News
1 month ago
How to prepare for the new changes to employment laws
Employment laws are due an overhaul in April, with changes to flexible working, request amends, and protection for new parents and carer's leave, among other changes. Vivek Dodd, CEO of Skillcast, warns that failure to comply could result in serious consequences.
1 month ago
British Safety Council Keep Thriving workshop to take place in Cardiff
As part of its charitable work, British Safety Council is offering SMEs and micro-sized organisations in Cardiff the chance to attend a 3-hour workshop, delivered by its Being Well Together experts, completely free of charge to explore how to develop a well-being strategy.
1 month ago
Mitel appoints new SVP and Head of International Region
Mitel, experts in business communications, has announced the appointment of Simon Skellon as SVP and Head of International Region.
1 month ago
VIPRE Security Group appoints new General Manager of Business Security Division
VIPRE Security Group, a cybersecurity solutions provider, has appointed Usman Choudhary as General Manager of its Business Security Division, encompassing VIPRE EDR and Advanced Threat Protection for Email, SafeSend for Email, and Inspired eLearning security awareness training.
1 month ago
Ascentae unveils smart workplace experience centre
Ascentae, a UK-based workplace solution and value-added distributor, has announced the opening of a new Experience Centre in the heart of Clerkenwell, London.
1 month ago
IT at forefront of sustainability efforts, but lacks proper tools and expertise
A report commissioned by OpenText has found that IT departments are playing a major role in achieving corporate sustainability objectives and cited the lack of innovative tools and expertise as the primary challenges they face in meeting those goals.
1 month ago
Harrison provides bespoke manufacturing services to B&Q stores
B&Q set out to find a partner that could provide a range of display components, including a new-look dump bin. While the products had already been designed by B&Q, Harrison was invited to tender for the project at a later date.
1 month ago
Leyard Europe LED supports new educational exhibition
A 4K CarbonLight VX LED screen from Leyard Europe forms the heart of a new inspirational and educational exhibition at the headquarters of the European Molecular Biology Lab (EMBL), Europe’s flagship laboratory for research into life sciences.
1 month ago
Crawley Town Centre BID invests in AI visitor behaviour platform
Crawley BID has invested in Place Informatics Visitor Behaviour Platform to help understand, manage, and improve town centre services and events.
1 month ago
Viking re-establishes presence in Ireland
Office supplies reseller Viking is re-establishing its presence in Ireland with the opening of a distribution centre in Dublin, the development of a local sales team, and the creation of a local customer service centre.

Login / Sign up