The fixed-income performance attribution team of a leading global asset manager was dependent on manual processes, inconsistent data sources, manual data uploads, which caused delivery delays and high error rates.
The company engaged us to streamline the attribution process, reduce manual intervention, and improve timeliness of reporting.
Challenges
Significant individual intervention for generating performance attribution
Manual input required for portfolio and/or benchmark data management
Limited ability to scale as the number of portfolios grew
Hands-on intervantion required for data uploads and for data correction, and no data checks
Our solution
Standardization: Streamlined 23+ tasks/workflows by eliminating manual dependencies
Process automation: Introduced process automation using python scripts
Scalability: Implemented scalable automations where they can be applied across multiple strategies
Easy usability: Designed reporting templates for plug and play
Process documentation: Put in place well-defined standard operating procedures
Data robustness: Automated data uploads with well-defined validity checks eliminating data inconsistencies
Client impact
>95% delivery on time meeting client deadlines
Improved stakeholder confidence for timely and accurate reports
Superior report quality and accelerated turnaround by streamlining report design
Standard operating procedures leading to preservation of process knowledge