Evare's Managed Service
Evare is a global Managed Service Provider, connecting you to your clients and counterparties using each firm's preferred method of connectivity, custom data formats, and industry standards. All parties utilize their existing systems and protocols without having to upgrade or install software.
Evare's core competencies revolve around financial data acquisition, enrichment, transformation and delivery. Evare does not screen scrape; we establish direct connectivity with the systems of records within each institution. Therefore, the quality of our data is more robust than a simple web fetch or even the re-keying of a paper ticket/statement.
Evare continues to develop, maintain, and monitor a "network of network" with the number of Evare links always growing. We are continually developing new links with new data providers and clients.
Currently, Evare maintains over 2,600 proprietary links across every continent except Antarctica (currently). Additionally, our SWIFT membership allows us to connect with the more than 8,000 financial institutions through their network. Over $700B in transactional value passes through Evare's links every day.
The value of this reach depends on how the data will be used. For example, when initially analyzing the custodian connectivity for an Investment Manager, Evare typically has existing link coverage for roughly 80% of those financial institutions. This translates into a rapid implementation of the most important links (largest number of accounts, volumes, client profile), and then quick development of any new links required by the client.