While buy-side firms are not in the business of data management, there is no denying that data is central to investment management operations. We firmly believe financial services firms should own and control their investment data and choose the services they want to build or buy into their data.
The reality today is that many firms are struggling to aggregate and translate their investment data, across multiple systems and interfaces, into a timely and reliable, firm-wide view.
These operational barriers have also been echoed in a recently commissioned whitepaper – The Buy Side and System Consolidation – Grasping the Nettle which saw over 76% of the 52 global asset managers surveyed, experiencing significant difficulties, as a result of multiple silos in the organisation, multiple formats of data across systems, or having to manage multiple vendors and interoperability challenges.
It is vital that the industry looks to technology that can integrate with the existing operational stack and wider ecosystem, delivering a low risk alternative to big bang transformation. And that’s what we have endeavoured to deliver with the LUSID platform. Enabling simple and easy steps to improving efficiency and supporting growth, to give you access, understanding and control of the data that you hold, starting with where you need it most.
LUSID is a cloud based open investment platform that lets you own your own data, increase control and reduce operational costs. Built as a natively bitemporal Investment Book of Record (IBOR), it controls, serves and recreates your accounting and investment data on demand. You can pull and translate trade, reference, market, risk, portfolio and performance data from multiple sources. With your core investment data in one place, you can easily produce shadow NAVs, reconcile positions and so much more.
Why use LUSID?
Want to hear more from us? You can read more of our thought leadership here.
We’re also interested in hearing from you. If you’ve got burning thoughts on the future of data in asset management and how to solve the data overload, why not get in touch at [email protected].
Alternatively, you can contact us at [email protected] to book a demo and find out more.