Increase operational efficiency
By replacing a flush-&-fill Front Office System with Limina's Front-to-Middle Office System,
Alquity has been able to enhance Front Office workflows and Portfolio Data Quality
Background: About Alquity and Rationale for the System selection
Alquity is a leading impact asset manager investing in high-growth markets worldwide. By connecting investors to their investments and social progress, Alquity delivers financial outcomes for all and aims to achieve enduring financial success. Their approach results in portfolios that play long-term themes via transparent companies, with effective management aligned with shareholders.
The procurement for a new system was initiated because Alquity's previous setup was a pure Front-Office system. That paradoxically meant that the Portfolio Managers' rebalancing views and cash ladders were incomplete - often missing cash details and projected corporate actions.
Process
With Limina's Front-to-Middle office solution, powered by a generation 3 Investment Book of Record, Alquity has received
- Complete portfolio data - incl. fees, corp. actions, accruals, etc
- Automated quality checks - data validation rules for data received by external systems and service providers
- Real-time cash and exposure views - both from trade and settle date perspective
Results - In Alquity's own words
Listen to the full interview with Francisco:
