HiPortfolio® Workbench significantly reduces pricing risk
IMS Solution: HiPortfolio - Asset Servicing
Client Profile:
• Leading South African multi-manager firm, a subsidiary of a very large financial services group with more than $125bn AUM
• Early adopter of multi-manager product in South Africa
• Established in 2005
Challenges:
• Automate price verification of c.1000 portfolios priced daily
• Significantly reduce manual intervention
• Reduce pricing risk and allow scalability of pricing platform
• Easy, customisable integration with HiPortfolio
Solution:
• Workbench unit-pricing software, the latest addition to the HiPortfolio suite of products
Benefits:
• Operational efficiency improved
• Overall reduction in risk
• Average time to confirm prices reduced by as much as 60%
