News

FINBOURNE Technology appoints Robert Byrne as CTO, as it expands into North America and Asia-Pacific

Mittal Shah18/05/22

Culture and Diversity

Is your business thinking about D&I the way it really should?

Mittal Shah discusses the value of D&I to Financial Services businesses, based on the stark findings of recent industry research. The article explores why D&I still has a way to go in financial services, the need for leadership buy-in and the significant benefits it can deliver to the business, its employees and society at large.

Mittal Shah01/07/22

Investment Technology

An industry at an inflection point – part two

In part two of this commentary, and following our recent attendance at TSAM London, Stephen Collie, Head of Sales Engineering, FINBOURNE Technology explores the makeup of the modern data stack and how incremental innovation is critical in the transition to an interoperable future.

Stephen Collie28/06/22

Investment Technology

An industry at an inflection point – part one

In part one of this commentary, Stephen Collie, Head of Sales Engineering, FINBOURNE Technology, summarises the main challenges raised in the keynotes and panels at The Summit for Asset Management (TSAM) in London, and why speaking the same language is vital to creating operational resilience.

Stephen Collie21/06/22

Culture and Diversity

Life as a Security Engineer at FINBOURNE

In the latest edition of our ‘Life at FINBOURNE’ series, we speak to James Baxter a Security Engineer. Hear about his role in the Security Team and the variety of his workstack, as the team proactively handle the evolving threat landscape, to best protect our clients.

Finbourne26/05/22

News

AFME/ Finbourne study demonstrates need for longer deferrals for large and illiquid trades and shows transparency could be significantly improved for majority of smaller fixed income trades

3 May 2022 – The Association for Financial Markets in Europe (AFME) has today published a first of its kind study consolidating fixed income trading data from numerous sources for the period of March to December 2021. This shows that the majority of fixed income trades could be made transparent in near real-time, but also… Continue reading AFME/ Finbourne study demonstrates need for longer deferrals for large and illiquid trades and shows transparency could be significantly improved for majority of smaller fixed income trades

Mittal Shah03/05/22

Investment Technology

Making an impact in private markets, starts with the data

Private markets funds are leading the way in sustainability but with new regulatory measures, a changing investor profile and increasing due diligence, Matthew Luff explores how an interoperable approach to ESG data management can make all the difference, and form a vital tool in the private fund managers’ toolkit.

Finbourne25/04/22

Investment Technology

Biodiversity: The next hurdle in the ESG data marathon

Addressing ESG data at the root of investment management operations will be critical in the coming years. So, how do asset managers monitor and respond to climate change and biodiversity risks, and importantly show progress not only against targets, but in generating real change?

Thomas McHugh12/04/22

Consolidated Tape Provider (CTP)

Market practice makes (a CT) perfect!

Following engagement with the major stakeholders, and FINBOURNE’s own Design Council, Neil Ryan, FINBOURNE’s CTP Lead, explores the hurdles both the UK and EU authorities face, as they move towards a Consolidated Tape or Tapes (CT). From data quality to deferrals, we explain why market practice – in parallel to legislation – provides the optimal path forward, to the creation of a resilient market mechanism.

Neil Ryan07/04/22

Investment Technology

Striking ‘digital gold’: Hedge Funds and the lure of Cryptocurrencies

At nearly USD 3 trillion, digital assets such as cryptocurrencies are enjoying their hey-day as the new ‘digital gold’ and the hedge fund industry is no stranger to the asset class. FINBOURNE’s Michael Cummins and Tim Wong explore the allure of cryptocurrencies for systematic hedge funds and why achieving scale and diversification, through the use of SaaS technology is essential to striking gold.

Finbourne30/03/22

Engineering

The Case of the Missing HTTP Response 

This week we finally got to the bottom of a perplexing issue that we have been examining for a number of months now. We had been seeing intermittent HTTP timeouts or other unusual disconnection problems affecting LUSID, our investment data management platform. These were most obvious in our build pipeline, where they were causing test-failures.

Chris Brook24/03/22

Consolidated Tape Provider (CTP)

A deconstructed view of a consolidated tape

With the discussion around the Consolidated Tape (CT) picking up the pace in both the UK and the EU, we believe there are a number of opportunities and challenges to be addressed – including data quality issues – to achieve a fit-for-purpose market mechanism.   Neil Ryan, CTP Lead at FINBOURNE Technology, explores the benefits of… Continue reading A deconstructed view of a consolidated tape

Neil Ryan21/03/22

Investment Technology

Navigating unchartered waters: The regulatory tide turns for Hedge Funds

While hedge funds are currently enjoying a renaissance, the scale of global assets under management has not gone unnoticed and regulation is set to play a major role in the industry in 2022. The question is, how will this impact hedge funds across the globe and how will fund managers continue to secure capital allocations and respond to market opportunities, while sailing in unchartered waters?

Finbourne17/03/22

Culture and Diversity

FINBOURNE interviews Nadia Edwards-Dashti

FINBOURNE speaks to Nadia Edwards-Dashti, Co-founder and Chief Customer Officer at the technology recruitment firm, Harrington Starr. We hear about her career journey, her new book and her efforts to transform the finance industry in the future.

Finbourne21/02/22

Culture and Diversity

Life as an Associate Project Manager at FINBOURNE

We caught up with Zeynep Solmus, Associate Project Manager, to hear about her first few months in the Customer Success team and what she enjoys most about working for the company.

Finbourne15/02/22

Investment Technology

Asset Management 2022 vs 2035: from surviving to thriving – Part Two

In part two of Asset Management 2022 vs 2035: from surviving to thriving, we fast forward to 2035 and look at how SaaS technology, fintech innovation, and a new on-demand era has changed the way asset managers operate in the future.

Chris Brook09/02/22

Investment Technology

Asset Management 2022 vs 2035: from surviving to thriving

Read part one of our blog to understand how interoperability can build a bridge from the systems of the past, to an ecosystem of future innovation…

Thomas McHugh31/01/22

Investment Technology

FINBOURNE Turns 5: CEO Open Letter to the Industry

As FINBOURNE turns 5, CEO and Co-Founder Thomas McHugh pens his thoughts on being a mission-driven company, as we move from start-up to scale-up. And why challenging the status quo, to solve diminished trust, transparency and timeliness of data, has a clear social impact across the investment ecosystem.

Thomas McHugh13/12/21

Culture and Diversity

Life as a Software Developer at FINBOURNE

Back in 2019, we spoke with Daria Deluermoz, one of FINBOURNE’s first graduate hires, about her first few months as a software developer. Two years on, we catch up with Daria to hear more about her current role and what she enjoys most about working at FINBOURNE.

Finbourne08/12/21

News

Railpen opts for FINBOURNE to deliver next generation data management service

Railpen, one of the largest pension funds in the UK, with c.£35 billion AUM, has opted for FINBOURNE’s cloud, investment data management platform, LUSID, as its Investment Book of Record (IBOR).

Mittal Shah30/11/21

Investment Technology

The ‘Great Resignation’: putting the squeeze on Hedge Fund operations

Amid the ‘Great Resignation’, many firms are increasingly under pressure to retain and attract talent, and future-proof operations. None more so than the hedge fund industry, where vast volumes of investment, market and reference data is submerging people and processes today. Thomas McHugh explores the impact of legacy software on hedge funds and why investing in the right technology will attract a more motivated workforce, boost productivity and protect business continuity.

Thomas McHugh25/11/21

News

FINBOURNE joins AFM’s Innovation Hub to explore the creation of an EU Consolidated Tape

FINBOURNE Technology has joined the Dutch Authority for the Financial Markets’ (AFM) regulatory sandbox, to drive the creation of a Consolidated Tape Provider (CTP).

Mittal Shah22/11/21

Investment Technology

Sustainable Finance: Delivering meaningful change requires operational change

Christopher Farrell, COO of FINBOURNE Technology, explores the current challenges buy-side firms face with ESG data, highlighting the need to establish a new standard for ESG data management to make sustainable finance a success.

Christopher Farrell19/11/21

Investment Technology

Why data management is core to the success of Sustainable Finance

As COP26 draws to a close, it is clear that the urgency for change, together with investor demand for greater transparency and new reporting requirements will significantly shape the future of Sustainable Finance. But to create meaningful change, the industry must first overcome the ESG data challenges it faces today. FINBOURNE speaks to Sue McLean and Caitlin McErlane at Baker McKenzie, a leading global advisory and legal firm, to learn their perspectives around the critical roles of technology, data, and regulation. 

Finbourne17/11/21

News

Baillie Gifford selects FINBOURNE’s LUSID platform to boost investment data management

Baillie Gifford, a global investment partnership with £352bn (US$ 486.8bn) assets under management, has selected FINBOURNE Technology’s investment data management platform, LUSID, as the Investment Book of Record (IBOR) for its global investment operations. The platform will deliver a consolidated source of real-time investment data across Baillie Gifford’s equity, fixed income and multi-asset portfolios.

Mittal Shah08/11/21

Investment Technology

Data overload: The human cost of doing nothing

Thomas McHugh uncovers the human cost of inaction when it comes to data overload in the buyside. And why more than anything, firms need to move away from burnout and towards data empowerment. De-risking operational change and solving the limitations of legacy tech, is critical to breaking the status quo of inertia. The question is: can you really afford to live with the data overload, any longer?

Thomas McHugh28/10/21

Consolidated Tape Provider (CTP)

Consolidated Tape: Breaking bad data

In our recent views shared on Consolidated Tape (‘CT’), the issue of data quality was highlighted as central to the CT debate. Some may argue it is even hampering the development of a Consolidated Tape Provider (CTP) in the UK and the EU.

Neil Ryan26/10/21

Investment Technology

Riding out the perfect data storm

In this latest article, Thomas McHugh explores the perfect storm that asset managers are heading into, as we move towards more heavily regulated markets and grapple with a failing investment process. And at the centre of it, is the inability to access, understand and control data.

Thomas McHugh14/10/21

News

LSEG – London Stock Exchange Group partners with FINBOURNE to power digital data program across the business

FINBOURNE Technology’s SaaS investment data management platform, LUSID will be adopted by LSEG – London Stock Exchange Group – wealth and investment solutions businesses as a digital data component.

Mittal Shah11/10/21

Consolidated Tape Provider (CTP)

Consolidated Tape: A fish that swims in all waters

Following on from our last insight on Consolidated Tape (CT) and the launch of our Design Council, we explore why the technology that underpins the CT, is key to ensuring that it is fit for purpose, no matter what the decided approach.

Neil Ryan08/10/21

Engineering

Why low-code, no-code is not a panacea for buy-side ops pain

Chris Brook, Co-founder and Head of Platform Engineering, FINBOURNE Technology, shares the limitations of the new tech trend ‘low-code, no-code’ as it applies to investment management operations.

Chris Brook04/10/21

Consolidated Tape Provider (CTP)

Consolidated Tape: Harnessing new technology to solve an old data problem

Neil Ryan, Regulatory Consultant at FINBOURNE Technology, explores the renewed drive for a Consolidated Tape (‘CT’) and why FINBOURNE’s Design Council will provide a vocal platform to promote and develop the conversation in both the UK and the EU.

Neil Ryan30/09/21

Investment Technology

The data struggle is real

While asset managers are not in the business of data management, there is no denying that data is central to investment management. Accessing and understanding data in the investment chain is crucial.

Thomas McHugh13/09/21

Investment Technology

4 things to consider when shopping for an investment management system

The incoming Chief Data Officer (CDO) is transitioning into the organisation. His predecessor is “seeking exciting new opportunities outside the organisation”. On his way out after the handover week the outgoing CDO hands his replacement three numbered envelopes…

Gus Sekhon10/08/21

News

FINBOURNE integrates with FlexNOW delivering deep integration without complex implementation

FINBOURNE Technology and FlexTrade Systems announce a collaboration to integrate FlexNOW with FINBOURNE’s LUSID platform.

Mittal Shah27/07/21

News

Fidelity International onboards FINBOURNE’s LUSID platform and makes strategic investment

– Fidelity selects FINBOURNE’s LUSID platform to drive data strategy for its global asset management business – Fidelity International Strategic Ventures invests into FINBOURNE’s latest funding round Fidelity International, London, 21 July 2021: To address the growing need to prioritise data as a strategic asset and to better serve its clients with new growth initiatives,… Continue reading Fidelity International onboards FINBOURNE’s LUSID platform and makes strategic investment

Mittal Shah21/07/21

Investment Technology

Capitalising on the power of data in asset management

FINBOURNE Technology, in collaboration with the Financial Times, also hosted a panel on capitalising on the power of data in asset management. Thomas McHugh, FINBOURNE Technology’s co-founder and CEO participated in the session alongside the Chief Data Officers of OFI Asset Management and UBS Asset Management. Watch the full session here. On investment data management… Continue reading Capitalising on the power of data in asset management

Christopher Goodreds28/05/21

Investment Technology

Understanding the resilience of ESG and impact investing in the face of COVID

Thomas McHugh, FINBOURNE Technology co-founder and CEO participated in a session on Understanding the resilience of ESG and impact investing in the face of COVID. He was joined by the CEO of HSBC Asset Management, the Global Head of sustainability at BNP Paribas, and the CEO of International Federated Hermes in a quality discussion. Watch… Continue reading Understanding the resilience of ESG and impact investing in the face of COVID

Christopher Goodreds27/05/21

News

Taskize joins vendor marketplace

Taskize, the leading provider of inter-company workflow to the financial services industry, has been chosen by FINBOURNE Technology as a component of its award winning LUSID open investment platform.

Mittal Shah10/05/21

Investment Technology

Panel Recap: Alternative Data for Traditional Managers

HFM hosted another great EU Tech Summit this Monday, 22nd of February covering popular and pressing topics with industry experts. FINBOURNE was excited to participate in the panel on Alternative Data for Traditional Managers.

Christopher Goodreds25/02/21

Investment Technology

Operating in illiquid markets: Consolidating disparate data sets to develop your investment insight

Earlier this week we held a webinar discussing illiquid markets. This blog highlights some of the themes that arose: the origins and nature of the liquidity challenges, the data solution to those challenges and how the right toolset will empower gathering, consolidating and incorporating the data solution not only to inform allocation strategies, but also… Continue reading Operating in illiquid markets: Consolidating disparate data sets to develop your investment insight

Gus Sekhon23/11/20

Investment Technology

APIs for the investment industry: What does good look like?

In our last API blog post, we looked at how an API-first strategy reduces operational costs and enhances access to data. In this piece, we set out what a good quality API looks like and examine some of the ways in which the right API-first platform can transform how you access and manage your investment… Continue reading APIs for the investment industry: What does good look like?

Stephen LeMasney08/10/20

Investment Technology

Five tips for automating ESG in the investment process

The rapid growth of sustainable and impact investing is accelerating and the buy-side is making a concerted effort to respond to the needs of their clients. Early in 2020 Deloitte asserted “ESG-mandated assets in the United States could grow almost three times as fast as non-ESG-mandated assets to comprise half of all professionally managed investments… Continue reading Five tips for automating ESG in the investment process

Christopher Goodreds21/09/20

Investment Technology

How technology can give you the edge as you grow your fund

Last week, we participated in a webinar at HFM’s European Technology Forum. I spoke on a panel with Michael Fastert, COO and CLO at TIG Advisors, and Doron Gutstadt, CTO of Taconic Capital. Read on to get a snapshot on: How more people in the front office are now technologists themselves – how can you… Continue reading How technology can give you the edge as you grow your fund

Thomas McHugh15/09/20

Investment Technology

FINBOURNE interviews TP ICAP’s Chris Dearie and Roland Anderson

This week, we sit down with Chris Dearie, Deputy CEO, and Roland Anderson, CTO of TP ICAP’s Data & Analytics business. In a wide-ranging chat, we discuss how TP ICAP is providing insights as well as data to buyside clients and the potential game-changing impact Google Cloud could have on the buyside.

Dermot Shortt01/09/20

Investment Technology

The 2021 LIBOR transition: Mitigating risk with flexible architecture

In this piece we take a look at the challenges the transition could present to the buy-side, regulatory considerations and how flexible architecture could present a solution to mitigating some of these challenges.

Gus Sekhon04/08/20

Investment Technology

FINBOURNE interviews Michelle Calcutt and Andrew Morrison, Aviva Investors

In this interview, Gus Sekhon, our head of product, sits down with Aviva Investors’ Michelle Calcutt and Andrew Morrison to talk all things customer experience related.

Gus Sekhon29/07/20

Investment Technology

How an API-first strategy for the investment industry reduces operational costs and opens up better access to data

Investment fund infrastructure has not typically been optimised for the rapid exchange of information, but rather for functionality around a narrow set of instruments, vendor services and third-party administrators.

Gus Sekhon09/07/20

Investment Technology

FINBOURNE interviews Olivia Vinden, Head of Fintech and Innovation, Alpha FMC

In today’s interview, Dermot Shortt, FINBOURNE Chairman sits down with Olivia Vinden, Alpha FMC’s Head of Fintech and Innovation. We discuss automation, how buyside firms are using data analytics in distribution as well as their investment processes and why ecosystems are so important today.

Dermot Shortt01/07/20

Investment Technology

FINBOURNE interviews David Pierson, Director, OMBA Advisory & Investments

In the first of our FINBOURNE interviews series, Dermot Shortt, FINBOURNE Chairman sits down with David Pierson, Director, OMBA Advisory & Investments.

Dermot Shortt07/06/20

Engineering

Securing your network with WeaveNet

This post is about Weave, our customisations, and a Weave related production issue that FINBOURNE encountered and resolved in the last couple of months.

Andrew Neudegg29/05/20

Investment Technology

How an IBOR should give you better control of your data

Last week we held a webcast with The Trade where we did something we think is unusual: we defined an Investment Book of Record (IBOR). Not by what it is – that’s a fairly commonplace categorisation – but by what it does.

Gus Sekhon15/05/20

Investment Technology

The Mysterious Hanging Client & TCP Keep Alives

This blog looks at the solution we implemented to fix an issue with the Python SDK which was very difficult to pinpoint.

Michael McGarry07/05/20

Engineering, Investment Technology

Do you still need an Order Management System?

In this piece we look at how the concept of the OMS became popular, what problems it sought to address, how today’s complex investment environment is testing the capabilities of the OMS and the alternative solutions available.

Dipan Raja27/04/20

You should work from home unless it is impossible for you to do so

A couple of weeks ago, many companies across the country were faced with the challenge of having to transition their whole workforce to remote working overnight

Chris Brook06/04/20

Investment Technology

Plotting the future of hedge fund technology

This week, I spoke on a panel at the HFM European Technology Summit about the future of hedge fund technology. Here are my thoughts following the panel.

Thomas McHugh11/02/20

News

FINBOURNE Technology and TraderMade sign partnership to make TraderMade data available to LUSID clients

FINBOURNE Technology has signed a partnership with TraderMade to make its data available on LUSID, the open investment data platform.

Mittal Shah04/12/19

News

FINBOURNE’s LUSID wins best buyside newcomer at Waters’ Buy-Side Technology Awards

We’re delighted to have won ‘Best Buyside Newcomer’ at Waters’ Buy-Side Technology Awards for LUSID, our open, API-first and developer friendly investment data platform.

Dermot Shortt01/11/19

Investment Technology

Does your legacy IT system support your fund’s machine learning strategy?

Legacy systems and data limitations are major barriers to implementing an effective machine learning strategy. In this blog post, we explore how the right technology can help investment managers overcome these barriers.

Stephen LeMasney23/10/19

Investment Technology

Change is inevitable. Growth is optional

Increasingly diversified investment strategies, closure of mutual funds, the rise of passively managed funds and companies racing to consolidate. It’s easy to say the asset management industry is slow to change but when you look at it from the outside, it’s being pummelled by change in all directions. How do you adapt to external change… Continue reading Change is inevitable. Growth is optional

Christopher Goodreds03/10/19

Investment Technology

Fund start-up pain and making mistakes for the long term

This post is the second in a series looking at investment data management topics that come up regularly in our work with fund managers. We’ve spoken with around 100 small hedge funds and asset managers specifically to learn about their experiences setting up platforms and operations, and growing the business. This post concerns the fund… Continue reading Fund start-up pain and making mistakes for the long term

Gus Sekhon13/09/19

Culture and Diversity

Life as a Graduate Developer at FINBOURNE

Daria Deluermoz, one of our first graduate hires – talks through her route to FINBOURNE, her first few months in the job and what a typical day looks like.

Finbourne12/09/19

Investment Technology

Do you even need an Investment Book of Record?

The problems that an IBOR is trying to solve are well understood, but there are many shortcomings with the approach. The best analogy that we’ve come across came from a recent conversation with the CDO at a global investment firm. He compared implementing an IBOR with building a self-driving car. For a vehicle to be… Continue reading Do you even need an Investment Book of Record?

Gus Sekhon05/09/19

Investment Technology

Three lessons the investment industry can learn from Open Banking

While retail banks have mostly been dragged kicking and screaming into the UK government-backed Open Banking initiative, the fund investment industry should treat it as an opportunity to remove unnecessary cost, connect more closely with their customers and build better services.

Paul Saunders28/08/19

News

EDI first market data provider for LUSID customers

EDI’s data is fully integrated into the demonstration portfolios available when you sign up to LUSID. In addition you can upload your own portfolios and value them using EDI data.

Gus Sekhon15/08/19

Investment Technology

Transforming the reconciliation game

This is the first in a series of posts looking at some of the questions we’re regularly asked about improving the investment data management process. Today we’re looking at reconciliations.

Thomas McHugh16/07/19

Engineering, Investment Technology

Does the investment industry need a fitness app?

On a recent cycle ride, a fellow cyclist asked me what FINBOURNE does. Before I could reply a friend interjected with “FINBOURNE is building a ‘Strava’ for investment data”.

Dermot Shortt24/01/19

Investment Technology

Digital Innovation in the Asset Management Industry

We read with interest a recent survey released by Alpha FMC revealing that asset managers see digital transformation as a top priority but two-thirds are slowed down by legacy systems and culture clashes.

Benedict Nielsen25/04/18

Engineering

What a Naval Historian Can Teach Us About Data

Everyone knows that data is important, but do we really appreciate how important access to correct data is for the successful execution of an investment strategy?

Chris Brook08/03/18

Engineering

What is bitemporal data anyway?

Bitemporal data is a fundamental principle in our LUSID platform, yet the term is not very common amongst technologists nor business users. It can be a complex concept to describe, and I’ve been thinking of a simple example to help illustrate it…

Chris Brook28/02/18

News

FINBOURNE Launches LUSID

FINBOURNE Technology launches LUSID™ a revolutionary replacement software system for the asset management industry.

Gus Sekhon04/10/17

Investment Technology

RegTech: Barking Up the Wrong Tree

Huge amounts of money are being spent on bolt-on regulatory technology. Why don’t we embrace the capabilities of our digital infrastructure and allow the data required by regulation to be gathered as part of the core business process. I worry that a lot of the RegTech industry is just barking up the wrong tree.

Benedict Nielsen25/08/17

Investment Technology

In Real-time, Every Time

In our last piece, we said we would talk more about “transactions” being the meta-solution to a swathe of investment industry challenges

Thomas McHugh19/06/17

Investment Technology

Real Problems. Real Solutions.

A big part of our story at Finbourne is maintaining an open communications channel with our customers, our partners and the community in general.

Dermot Shortt27/05/17

Investment Technology

Time For a Change

During the first quarter of 2017, European asset managers enjoyed inflows of EUR210bn – the highest in 5 years. This is great news and points to a wider theme that governments around the world are shifting responsibility for savings and retirement to the private sector – all good for investment managers.

Dermot Shortt03/05/17

Engineering

Authenticating S3 Proxy

Using nginx and oauth2_proxy to deliver S3 based content (and azure blob store)

Paul Saunders01/03/17

Engineering

Identity Providers

Having spent the last 15 years cossetted in the big corporate world blissfully unaware of just how complex managing Identity and access control actually is, I can best describe my journey of the last month as enlightening. Emboldened by our mission and with the idea that we were, through the advent of cloud technologies, free from having to worry about such tedious things as user management, we embarked on our righteous path.

Thomas McHugh17/12/16

Engineering, Investment Technology

Azure and our approach to naming things

Azure currently has some pretty interesting rules and restrictions around how things can be named. At times they seem arbitrary, but none-the-less, it’s what we have to work with.

Paul Saunders17/12/16