Time is money and, in serving clients, distance is also money. Until now, distance has primarily meant miles between the job site and office, but it’s no longer just physical separation we need to worry about. Gaps or poor efficiency in data management can also be costly, so ensuring the integrity of your data is paramount to making the right decisions about every aspect of your business.
Fast-Track Data Conversion to Information
A typical asset management firm often receives large amounts of data from multiple external systems including the fund admin, portfolio accounting systems, risk systems and market data vendors to just name a few. These data sets flow daily in numerous different ways and at varying times, all of which using non-standardized formats. This spotlights the need for a dynamic ETL tool that caters to these requirements without compromising the efficiency of the data load. Once you have completed the ETL successfully, including data governance and obtaining access to a single truth of data, the scope of deriving information from it increases.
Decision Making: Information to Investment
In the asset management industry, you need a holistic view of your business and if you manage different assets across different systems, you may get an incomplete and inaccurate perspective. As your investment portfolio expands and becomes more complex, this can have significant financial and compliance implications. IVP Enterprise Data Management (EDM) consolidates multiple investment systems with a portfolio management solution, so your CIO has a more complete view of your positions and associated risks. Armed with a clearer understanding of your net exposures, your portfolio managers can make better investing, risk management and forecasting decisions, and you can focus on making sure your company’s investment strategy remains on course.
Informed Investment to Higher Return
Once you have a clear view of the entire landscape, you can then get a better perspective of your data from all of its different angles. IVP Enterprise Data Management (EDM) gives you the ability to “look through” and view your data in different dimensions as it provides information in new ways to create a more complete picture of your positions, holdings and securities. For example, IVP’s sophisticated portfolio management solution can help you determine the theoretical underlying values of notional or derivative instruments. With a more complete picture of the effective exposures of futures contracts or funds, you can also make better investment and risk decisions and stay on your strategic course – all factors that directly contribute to the bottom line.
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