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.
LUSID for Asset Servicers
LUSID aggregates, calculates and delivers trade, reference, market, risk, and performance data for individual clients, aggregations of clients, all with any combination of extensible attributes on investment data. Asset servicers can easily manage bespoke client requirements, complex asset classes, multiple market data sources, and enforce secure and segregated client data access.
Why use LUSID?
Gain the consolidated data management capabilities of an enterprise data management (EDM) system without the cost and complexity
Store investment data in an immutable, event-driven data store with an implicit audit trail
Monitor risk across your consolidated investment book in real-time
Run segregated mirrors of client portfolios to account for different closing methods or pricing sources
Access and revalue any client portfolio or event using historical data
Securely share granular investment data internally, with other systems, and with clients
Confidently price and risk across all instruments and asset classes
Connect to third party data providers with open APIs, sFTP, or an integrated file store
Easily connect to reporting engines to produce rich client reporting
How can I use LUSID
LUSID is an API-first, SaaS native investment data management system with an easily extendible data model and the ability to add functionality via comprehensive software development kits (SDKs).
LUSID serves as a consolidated source of third party and client investment data enabling you to deliver bespoke, value added functionality to clients without the associated time and expense of customising legacy systems.
Manage and analyse all asset classes
Create any asset class based on monetary movements and immediately produce a valuation. You can define simple equities to complex credit derivatives
Consolidate data and reconcile against third parties
Consolidate third party and internal data to perform n-way reconciliation of positions, cash and transactions within an event driven, immutable data store that can reproduce any historical valuation
Reduce the cost and time for implementation
The challenge with traditional EDM systems is that they can be hard to implement and are central to infrastructure. LUSID enables quick onboarding and use of only the functions you need. Use it as a NAV calculator, a recon system, a valuation engine, a risk system, a central investment data store, or all of the above. Only use the pieces that are valuable to you
Recreate any valuations or prior state of your records
Access historic market and positional data along two-time dimensions, business validity (e.g. price date), and system validity (when data entered the system) across an immutable investment data store
Understand firmwide risk
Track consolidated investment book risk changes over time, access states pre and post-amendment and compare to third party records
Create a golden copy of investment data
Layer in market data with fallback rules, set the model and valuation method per instrument and choose the time slice of each you wish to incorporate
Events and insights
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?
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