The new technology is aimed at super funds which are increasingly moving towards an “in-source” investment allocation in the face of increased pressure on returns and costs, according to Marian Azer, chief executive of APAC.
“There is a growing demand from Australian superannuation funds, of all sizes and complexities, for enterprise technology to manage day-to-day asset allocation metrics and be able to model, monitor and transact efficiently in near real time,” Ms. Azer said.
“Most solutions cannot fully support the increasingly complex multi-portfolio fund of funds and product structure, as well as complex product-based asset allocation decision-making activities – since modeling, compliance before transactions, cash flow forecasting through to execution. »
The solution addresses what has historically been a “fragmented, manual and time-consuming process”, with a recent Milestone Group survey revealing that most institutional investors globally still lack the enterprise technology capabilities needed to adopt strategies sophisticated investment solutions.
More than 80 percent of the 47 institutional investors surveyed confirmed that fund of funds investment strategies are becoming increasingly complex to manage.
“This is another example of the flexibility that a process and data-driven platform can offer the market, and our commitment to working with customers across geographies to solve common problems at scale . We have developed and refined these capabilities in partnership with some of the world’s leading asset allocators,” said Executive Chairman Geoff Hodge.
