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.
LUSID: Technology for Operations Teams
LUSID provides a consolidated source of investment data enabling you to reconcile against third parties, calculate firmwide risk and exposure, plus have a single source of security, pricing, transaction, and investment data in a SaaS native, API-first system.
Why use LUSID?
Lower the cost of repetitive, manual daily processes such as reconciliation, data mapping and cash management
Obtain a consolidated view of positions, transactions, and cash. Consolidate data from multiple systems including order and execution management systems
Perform N-way reconciliation between any combination of internal data sources and third parties
Share data with clients, investors, custodians, prime brokers and third-party administrators whilst retaining control of your data
Obtain an enterprise-wide view of risk and exposure in real-time
Produce customised dashboards and reports including shadow NAVs, position, income, and balance sheet statements
Connect legacy internal systems and third party data providers including custodians, primes, and admins, to achieve a consolidated view of positions, cash, transactions, and security information
Replicate data as it was at any point in the past, including or excluding post-dated amendments
How can I use LUSID
LUSID is an API-first, SaaS native, investment data management system with the functionality of traditional portfolio management, risk, and valuation systems.
Easily load transaction data from your third party data providers including custodians, primes, and admins, ad-hoc or on a schedule
Interact with your positions, transactions and cash as your third parties see them
Perform rules-based reconciliation between any combination of data sources
Automatically maintain, and report on multiple views of the same portfolio (e.g. internal, custodian, administrator)
Streamline client reporting
Integrate LUSID with other reporting systems to output reports in any format you need: Excel, XML, CSV, PDF etc.
Give your clients, investors, and third parties direct access to their portfolios in LUSID using our APIs.
Quickly onboard new portfolios
Instantly add portfolio static data and portfolio positions using LUSID’s Open APIs directly or via our web app, or Excel plug-in
Offer your clients full visibility into the setup state of their portfolio with granular entitlement and access controls
Easily load transactions from external systems with full control of your data
Extend the data model to track or calculate additional fields on any object like transactions, securities, prices, etc.
Events and insights
The ‘Great Resignation’: putting the squeeze on Hedge Fund operations
17 November 2021
TSAM Interviews FINBOURNE Technology CEO, Thomas McHugh
Thomas McHugh, FINBOURNE Technology co-founder and CEO participated in an interview with TSAM (The Summit for Asset Management) digital team about the FINBOURNE Technology mission and the biggest challenges being faced by asset managers in the data heavy world of ESG and beyond.
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.