Buy-Side Technology Awards 2014: Best Buy-Side Reconciliation Platform/Service – Electra Information Systems

November 21, 2014

By James Rundle, Waters Technology

It’s been a busy few years for Electra Information Systems. From a large-scale implementation with AQR—covered extensively by Waters in 2013—through to forming an alliance with Eagle Investment Systems and hiring a new COO in the form of Scott Rhodes, the New York-headquartered firm has been making waves. Thanks to its flagship Electra Reconciliations platform, Electra has unseated long-time winner SmartStream to take the honors in the best buy-side reconciliation platform category in this year’s awards.

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The Inefficient Back Office: A Checklist of Pain Points

November 07, 2014

Ian Danic, Wall Street and Technology

Many firms consider their reconciliation process fully automated, but "automated" doesn't necessarily mean "efficient."

Have you considered the costs associated with an inefficient back office? Functions such as settlements, data management, reconciliation, performance measurement, fee management, corporate actions, and collateral management play a significant role in determining an investment management firm's profitability and credibility.

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How to Stretch IBOR for Ops

August 13, 2014

By Eugene Grygo, FTF News

BMO Global Asset Management has been able to stretch an investment book of record (IBOR) across its front, middle and back offices to boost Ops and keep the front office happy.

When BMO Global Asset Management was splicing together two registered investment advisor businesses – the result of an acquisition – the firm had no idea that one day it would be stretching an investment book of record (IBOR) across its front, middle and back offices and advancing the firm’s accounting system, performance platform and settlement process.

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Step Away from the Excel Spreadsheets

July 30, 2014

By Eugene Grygo, FTF News

Julie O’Connor, COO for Johnston Asset Management, details how she guided the firm away from a billing system based on a massive Excel spreadsheet and to an automated platform.

It’s likely that Julie O’Connor, the chief operating officer (COO) for Johnston Asset Management, doesn’t miss the burden of sorting through the endless cells, rows and add-ins of a gigantic Microsoft Excel spreadsheet to complete the invoicing process for the SEC-registered investment advisor based in Stamford, Conn.

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Electra Launches Billing 3.0

June 25, 2014

Electra Information Systems, a provider of software solutions for the asset management industry, has launched Electra Billing 3.0, the firm’s workflow-based revenue management solution.

It provides customizable fee billing, including performance fees and complex fee schedules, Electra says in a statement.

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Electra launches enhanced fee billing solution

June 24, 2014


Electra Information Systems announced the launch of Electra Billing 3.0, a revenue management solution for customised fee billing, including performance fees and complex fee schedules.

Previously known as Quantum, the product includes new functionality designed to make it more user-friendly as Electra looks to tap in on an increased focus on the buy-side to improve operations and cut costs.

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Electra Adds Automated Features to Asset Management Billing Software

June 24, 2014

By Jake Safane

Software provider Electra Information Systems has launched a new version of Electra Billing, which provides asset managers with automated fee billing, customizable to their fee structure.

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Electra Launches Billing for Asset Management Firms

June 23, 2014

Asset managers are about to get a new billing system designed to automate their and secure their workflows.

Electra Information Systems has brought its newest billing system, Electra Billing, which gives the buyside an easy-to-use system that includes new data automation, security upgrades and digital tracking functionality. It is fully customizable.

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Johnston AM Taps Electra For Billing Automation

June 23, 2014

The long-only, Connecticut-based equities specialist with $3.8 billion under management will use Electra's Billing 3.0, formerly known as Quantum, for revenue workflow management and customized billing, including performance fees and complex fee schedules.

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Take Away Spreadsheets? From My Cold, Dead Hands

February 24, 2014

Microsoft Excel spreadsheets continue to be broadly used at asset management firms. New regulations, risk management concern, and technological advancements are leading buy-side companies to examine ways to lessen their dependencies on these ubiquitous, manual solutions.

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Client Testimonials

Tammy L. Johnson, Globeflex Capital L.P.
We’ve now been a client for over 11 years and the relationship remains strong. Electra keeps us well informed, continuously innovating and adding functionality. Electra provides information on the latest versions which allows us to take advantage of the latest enhancements as our business requirements change and evolve.
Tammy L. Johnson, Globeflex Capital L.P.


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