Challenge and outcome
A large multi-family office struggled with the time, effort and cost of supporting the sophisticated investment strategies of its institutional clients.
The operation was inefficient, and highly manual, and thus prone to error. It was dependent on people rather than technology to manage portfolios, conduct compliance, execute and confirm trades, and provide reporting.
Their goal was to Implement an integrated, operation-wide portfolio management platform, within a strengthened internal control environment, driven by significant process changes that would enable automation of portfolio management, compliance checking, trading workflows and reporting functions.
- Configured workflows leveraging Linedata’s Portfolio Management Solution, established mappings and data flow that automated and streamlined processes
- Electronic integration with accounting, brokerage and custodian systems for automated morning downloads of position, pricing and valuation data, and nightly uploads of the days trading activity
- Multi-asset class support – private equity and debt, real-estate, public equity and debt – in a single platform • Real-time cash and liquidity management, including “what-if” analysis and forecasting
- Audit trail of all data changes
Manual processes were reduced by 90% mitigating operational and key-man risk and improving operational control and efficiencies.
Highly skilled staff were freed from manual data entry activities to focus on core investment analysis and client servicing activities.
Enhanced deal-flow and opportunistic deal capture capabilities can now be offered as a value-added service to their clients, made possible by having a start-of-day and real-time view of holdings and positions – particularly cash – that can be accessed throughout the day.
With 20 years’ experience and 700+ clients in 50 countries, Linedata’s 1100 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients evolve and operate at the highest levels.
About Linedata Asset Management
We offer a robust, configurable platform of software, data and services that enable our wealth, institutional and alternative clients to grow, operate efficiently, manage change and provide excellent service to their own clients and stakeholders.