A better way to manage your investment data. For everyone from start-up fund managers to global investment institutions.
Take control, make more informed decisions and get ahead. With all of your investment data hosted in one place, LUSID removes the complexity, reduces your operating costs and gives you better access to your data.
When you run a portfolio as a collection of investment strategies, it's possible that two identical positions may be held in the portfolio for different reasons. For example, both a long and short position could be established in the same stock as part of two separate strategies. The profitability of each strategy needs to be tracked and reported separately. This is operationally challenging as legacy systems and workflows typically do not natively support strategy tracking.
LUSID has been specifically designed to support strategy tagging at the transaction level, and to retain these tags throughout the investment lifecycle and workflow (e.g. trades, NAVs, non-market actions, strategy P&L etc.).
With LUSID, there is no need for sub-portfolios or manual processes.
LUSID helps you avoid using average cost for holding in P&L calculations.
LUSID removes the need to wait for sub-portfolio setup.
We have built LUSID with strategy tagging in mind, making it easy to aggregate, disaggregate and track separate strategies. LUSID allows for strategy tags to be assigned at the transaction level.
Deriving portfolios from transaction level data on demand means that strategy tags are available throughout the investment lifecycle and workflow – the tags are never lost. Portfolio data can be parsed to external systems at both strategy and portfolio level, making it easy to retain data fidelity and lineage.
By storing data at the transaction level along with the ‘As at’, ‘Effective’ dates, and the Recipes used to value the portfolio, LUSID can eliminate data timing issues by recreating the state of different source systems for reconciliations.
LUSID can ingest any corporate action (e.g. stock splits, dividends, mergers and acquisitions, rights issues, and spin-off etc.), and automatically update relevant holdings within its database - including those assigned to different strategies.