How Valos works
Using a series of menus the client simply chooses, for example
- which securities he wishes to view (he can also use or modify an existing list)
- the information (corporate actions or other data) he wants to receive for each security
- the "alerts" (for example, pre-notification of dividends, maturities, etc.) he desires
- which historical data he wishes
- the data he wants printed
- the language (English, French, etc.) he prefers.
The selected criteria are then used to define the content of a direct link between the VALOS service and the User and/or the client host or other internal system.
VALOS can be set up for different Users, and each of the User's preferences can be stored separately on the system. A direct link between VALOS and the client host system requires that the VALOS files and fields are mapped to the host files and fields so that the client system and VALOS can communicate.
The VALOS files can be provided in any format which the client specifies, whether this format is particular to him, particular to a host package solution used by the client, or consistent with an acknowledged industry standard (e.g., Swift).
Interfaces with the better-known and most used back-office systems (Olympic, Avaloq, Globus, APSYS…) have already been developed and are operational.
After the link has been established and using the screen access facilities, the client can specify which data for which securities he wishes to receive at which moment on a regular basis, and can in addition ask for supplementary data as and when the need arises.
