Two Major Data Challenges Buy-Side Investment Managers Still Face – And What They Can Do About It

January 04, 2021

By Jennifer McMackin



Many investment managers’ trade reconciliation and other post-trade processes are still burdened with the inefficiencies of collecting, normalizing and validating data from third-party sources. A typical investment management firm receives numerous data feeds on securities, positions and transactions. This creates more work for operations teams to manage data and maintain provider links, while causing workflow and settlement risk and delays due to errors and manual effort.

Is this the best way to acquire and aggregate external data, and utilize your staff’s time and resources? Is your firm potentially missing out on opportunities to optimize processes and spend more time on strategic areas? Let’s explore the two main data aggregation challenges investment managers face and what they can do about it.

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Data Reconciliation, investment operations, investment management, post-trade operations, data aggregation, back office, Electra Data

Why Investment Managers Should Stop Managing Reconciliation Processes in Departmental Silos - Now

September 04, 2019

By Todd Sloan

shutterstock_1068885818An investment manager’s post-trade operations environment generally evolves as the firm grows. Technology solutions are important for helping firms manage increased trade volumes, mitigate risk and lower costs. Operational efficiency is always the goal, but over time, siloed solutions used to manage a particular area of operations get in the way of reaching that goal due to the tendency to make solution choices according to organizational structures and processes already in place.

In hundreds of discussions with investment managers over the years, we’ve often discovered the existence of multiple reconciliation silos, little collaboration across teams, and limited visibility into the data needed to improve the situation. In order to find the best solution to the problem, first we must understand the full impact and significance of the problem on a firm’s business.

The Dangers of Operational and Reconciliation Silos

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Electra Blog Posts, Buy-Side Technology, Operations Management, Reconciliation Solution, Electra Information Systems, reconciliation, Hedge Funds, fund administrator, Data Reconciliation, SEC Compliance, SEC, Investment Firms, automation, Investment Managers

4 Reasons Why Hedge Funds Should Shadow Their Fund Administrator

April 30, 2019

by Todd Sloan

One of the most important responsibilities of the fund administrator is to calculate the fund net asset valuation (NAV). Before calculating the official NAV, the fund administrator must ensure the accuracy of the data by way of reconciling the investment manager’s data against that of the prime broker or custodian. Fund administrators are well-versed in the different ways that a NAV should be calculated and the need to agree with investment managers on the methodology to be used before posting an official NAV.

The question is, why does the investment manager need to reconcile the makeup and accuracy of their NAV if a service provider or fund administrator is already performing reconciliation? After speaking with several operations professionals across the hedge fund space, we identified four main reasons why an investment manager should shadow their service provider or fund administrator:

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Electra Blog Posts, Buy-Side Technology, Reconciliation Solution, Electra Information Systems, reconciliation, shadow accounting, Hedge Funds, NAV, fund administrator, Data Reconciliation

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