pTools Announces ‘LOU in a Box’ Solution

pTools today, 28th of April 2021, announced it has launched a new SaaS based offering to the Local Operating Unit (LOU) market and surrounding organisations. The new system will allow small and large LOUs to manage their LEI issuance and applications on a web-based SaaS model, while preserving their existing processes. The solution is also available to Banks, Validation Agents, and other organisations responsible for the management of large numbers of LEIs.

Keith Wood, pTools CEO says “LOU in a Box’ is in essence a SaaS offering of pTools LEI Issuance technology and is aimed at the rapidly growing number of organisations that will be managing LEIs in the coming years, especially Banking and Investment firms as they become LEI Validation Agents. Importantly ‘LOU in a Box’ also allows clients to keep up with GLEIF updates and standards with minimal disruption and cost.”

Tom Skinner, pTools Managing Director: “We continue to focus on delivering innovative and transformative applications to our clients and ‘LOU in a Box’ is the latest development in a long line of applications for those in the Financial Services industry working with LEI, ISIN and Announcements. In particular the SaaS and Partner focus of ‘LEI in a Box’ represents a significant step for pTools and our clients.”

Some of the features and benefits provided by the new solution include:
-A tiered pricing structure to cater for small providers to global enterprises
-Validation Agent and Partner Management
-Enhanced WIW and WoW Processes
-Blockchain notarized documents
-ISIN to LEI Matching Integration
-Payments management
-GLEIF API integration

pTools’ development of a SaaS based ‘LOU in a Box’ reflects the continued commitment by the company to development of core technologies within the pTools platform and follows other recent initiatives with Blockchain and Artificial Intelligence applications solutions.

pTools
County Dublin (working remotely)
Fionn Daly - marketing@ptools.com

pTools provides Digital Transformation and Risk Mitigation for Financial Services. This approach allows clients to add a layer of automation and efficiency to existing processes, without up-ending ongoing operations. pTools solutions drive efficiency and mitigate risk across Securities, Legal Entity Identifications, Corporate Announcements, and Market Information Services. This includes ISIN Securities Applications Processing, LEI Issuance and Management, Company Announcements and Digital Risk Mitigation. The technology resides in Blockchain and Notarization, Risk Mitigation, Natural Language Processing, Artificial Intelligence, Workflow and Reporting. pTools work with some of the world’s leading Stock Exchanges, Banks, CSDs, LOUs and NNAs is based on trust in our sectoral knowledge, technical expertise, and experienced people.

This release was published on openPR.