The Data Foundation for Growth

Background

With a mission to deliver financial security and growth, a large pension fund, with millions of members and hundreds of billions in AUM, had its sights set on global expansion.

The pension fund aimed to increase its presence in key international markets, as well as expand into alternative asset classes, to enhance returns for its members. Achieving this required a robust, future-proof operational framework capable of scaling with its ambitions.

The Challenge

The pension fund’s rapid growth exposed inefficiencies in its operational processes, as well as gaps in its capabilities, which had the potential to undermine its global ambitions.

No near real-time capabilities
The existing IBOR relied on batch processes, preventing teams in international offices from accessing accurate start-of-day positions in their respective time zones.

Complex data operations
With little automation, the fund found itself relying on large teams of data analysts and time-consuming, error-prone processes.

Manual reporting processes
Creating client-facing reports was extremely time-consuming, requiring extensive manual work, reducing efficiency and increasing the risk of errors.

No private market asset integration
The legacy system could not consolidate data on the fund’s private and public market holdings in a single system, impacting its ability to ensure sufficient cash was available for members at any given time.

The Solution

To address these challenges, the pension fund partnered with FINBOURNE to implement a scalable, modern platform capable of supporting its global growth.

LUSID EDM+
A cloud-native investment data platform that eliminated manual intervention in the fund’s data operations team. LUSID integrated with the fund’s existing Portfolio Management System, providing it with the latest market and position data.

Luminesce
A data virtualisation platform enabling near real-time access to critical investment data, replacing manual reporting with automated workflows that drastically reduced reporting time.

Why They Chose FINBOURNE

Easy to deploy
Seamless integration with existing systems, reducing the cost and complexity of implementation.

Secure by design
Advanced data security and governance features, ensuring compliance with regulatory requirements.

Future-facing
An innovative, future-proof technology stack capable of supporting the fund’s long-term growth.

The Outcome

Better decisions
Operational teams now access near real-time data, enabling faster, more accurate decision-making across global offices.

Greater efficiency
Automated workflows replaced time-intensive manual reporting, freeing up resources to focus on strategic initiatives.

Unlimited scalability
The fund gained the flexibility and transparency needed to deliver improved member outcomes and scale effectively in a competitive global market.