the great fund accounting - fis · the great fund accounting gamble fund administrators face an...
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THE GREAT FUND ACCOUNTING
GAMBLEFund administrators face an uncertain future
believe competition from another sector is likely
fear that fees will fall in the next 4 years
Asset managers want MORE for LESS
The answer?
The proven solution
Technology can help tap into arich source of value – DATA!
AND reduce duplicated effortSO, why run an accounting book of record (ABOR) and an investment book of record (IBOR) independently?
OR – worse – why use an IBOR to create an ABOR
Rigorously checkedMeets compliance requirementsSupports accurate net asset value (NAV) calculationsEasily influenced by external factors, (e.g., market conditions, FX rates and tax laws)
ABORDATA
IBORDATA✗
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✓
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IBOR ABOR = GAMBLED time + money + resources
= EPIC FAIL on a MAJOR SCALE
Fully automated and integrated ABOR/IBOR:Powered by validated ABOR dataReal-time instant view of investment dataSame data for T+0 and T+1 calculationsOne system for middle- and back-office servicesSingle process to create ABOR and IBORRobust shadow solution for accounting and NAV calculation
Find out more about why back-to-front processing is your only safe bet in our new white paper