Rhyme Systems, a provider of asset management solutions, has announced that Speirs and Jeffrey Stockbrokers, a UK-based independent stockbroking firm, has renewed its contract for Altimis, Rhyme Systems' web-enabled straight-through-processing solution for stockbroking and portfolio management, for a further three-year term.
According to Rhyme Systems, Speirs and Jeffrey, based in Glasgow, offers a traditional personal investment service including custody, PEPs and ISAs to private individuals, trusts, charities and pension funds, on both an advisory and discretionary basis.
"We are delighted that Speirs and Jeffrey has renewed its contract for Altimis," says Bob Whigham, divisional director, Rhyme Systems. "Over the past few years we have worked closely with Speirs and Jeffrey, and have invested significant analytical research and development resource into Altimis. Having deployed additional resources, we are committed to ensuring that Altimis will continue to support all the investment management requirements of our customers," he adds.
"Our overriding concern is the long-term well-being of our clients' investments," comments Steven Mathieson, finance and compliance director, Speirs and Jeffrey. "Altimis has provided us with an environment in which we can focus on our clients' business. Rhyme's investment in Altimis has resulted in a product that is continually evolving to keep abreast with today's fast-moving investment environment," he continues.