Powering Scalable, Cloud-Ready Securities Back-Office Operations

Objectway, a top 100 FinTech providing digital solutions to banks, wealth and asset managers, partnered with InterSystems to modernise its securities backoffice solution. By integrating InterSystems technologies, Objectway transitioned from on-premise deployments to a scalable, cloud-native SaaS model, enhancing performance, flexibility, and client servicing capabilities across its global customer base.

Objectway’s securities back-office solution supports a wide range of financial institutions with complex middle and back-office operations. As client expectations evolved and digital transformation accelerated, Objectway faced several key challenges:

• Scalability: Supporting increasing user volumes and data loads without compromising performance
• Cloud Transition: Migrating from legacy on-premise environments to a modern SaaS architecture
• Operational Efficiency: Streamlining reporting and compliance processes, including capital gains tax and client communications
• Multi-Tenant Support: Delivering services to multiple clients from a single platform instance, while maintaining data integrity and responsiveness

To meet these demands, Objectway required a technology partner that could provide a robust, flexible data platform capable of supporting hybrid infrastructure and horizontal scalability.

Objectway selected InterSystems IRIS to power its securities back-office solution; the integration enabled Objectway to:

• Support hybrid deployments: seamlessly operate across on-premise, cloud, and hybrid environments
• Enable SaaS delivery: transition to a software-as-a-service model without re-engineering core systems
• Enhance reporting capabilities: use InterSystems IRIS for client reporting and capital gains tax calculations
• Scale horizontally: leverage InterSystems Enterprise Cache Protocol (ECP) to support distributed caching and high user concurrency

This architecture allows Objectway to serve multiple clients from a single database instance, with each client accessing the platform through dedicated InterSystems IRIS servers, ensuring performance, security, and scalability.

InterSystems IRIS provided the scalability, interoperability and deployment flexibility required to modernise the platform without re-engineering existing applications. This partnership has delivered significant benefits to Objectway and its clients:

• Improved performance: distributed caching enables fast, responsive access for thousands of users
• Flexible infrastructure: clients can choose deployment models that suit their needs, from on-premise to fully cloud-based
• Operational efficiency: automated reporting and streamlined data management reduce manual effort and improve compliance
• Client satisfaction: Objectway’s ability to deliver scalable, modern solutions has strengthened relationships with key clients.

Objectway’s Securities Back-Office solution demonstrates how a scalable, cloud-ready architecture can help financial services firms modernise complex back-office operations while maintaining performance and reliability at scale.

As part of Objectway’s broader wealth management platform, the solution integrates capabilities spanning Front Office, CRM, Custody & Settlement, Client Reporting, CGT Accounting, and Risk Engines. Powered by InterSystems IRIS, it supports hybrid and SaaS deployment models, enabling Objectway to deliver greater flexibility and scalability without re-engineering its core systems.

The platform’s ability to support high volumes and demanding workloads is demonstrated by its management of more than 200,000 back-office portfolios, daily investment transaction volumes exceeding 50,000, and high-volume reporting runs of more than 60,000 packs with zero impact on business-as-usual activities.

By combining robust technology with scalable architecture and operational efficiency, Objectway enables banks and wealth managers to respond to evolving business and client demands while delivering a modern, reliable and future-ready operating model.