The high-quality of the investment management reports can be a major factor in attracting and keeping clients. Investors expect to have access to clear information about a portfolio’s investment objective along with the risk level, costs and objectives together with performance metrics as well as holding information.
Investors will also need detailed details on the dollar value of fees due to their account in the semi-annual or the annual shareholder report, based on the business. In the case of mutual funds, this could include a breakdown of the total amount of fees paid by each shareholder and a description of how these fees were assigned to the performance of the portfolio.
Many companies may be unable to provide this information within the context of a general performance report. Most investors keep their funds in omnibus accounts that are maintained by broker-dealers. To give personalized fee information, a broker-dealer must establish interfaces with the record owners of these accounts to calculate and provide this information to each shareholder.
Technology is readily available to enable these complex requirements to be met without requiring costly changes to internal systems. Clearwater Analytics provides an industry leading SaaS solution for investment accounting and reporting, empowering growth for more than 1,100 customers including pension plans, governments, international www.productsdataroom.com/data-room-providers-uk-have-your-data-protection-strategies-in-place/ asset managers and insurers. Clearwater Analytics is fully integrated with Broadridge’s Analytics Master Data Warehouse, the market leader in this area. It is accessible via a mobile and web-based dashboard application. This enables the delivery of high-quality investment-performance-net-of-fees and other reporting outputs for both client and regulatory purposes.
