HiNet significantly reduces month-end reconciliation cycles
IMS Solution: HiNet - Asset Servicing
Client Profile:
- A quantitative manager that uses a very disciplined and systematic investment process
- Specialises in active global and international equity strategies that employ sophisticated analytical models for active stock selection
- Established in 1987, has some US$40 billion AUM
Challenges:
- More efficiently manage accounting data for complex global equity portfolios
- Decrease the duration of month-end reporting cycles
- Reduce manual reconciliation and correction processes
Solution:
- HiNet provides real-time processing for all transaction activity and a global operation model for central deployment
- HiNet’s flexible, web-based operations dashboard with drill-down capabilities enables users to view all account positions and their underlying data
- HiNet’s flexible infrastructure allows for easy integration with other third- party applications
Benefits:
- Operational efficiency improved
- Overall reduction in duration of reconciliation cycles
- Real-time integration with order management, cash management and corporate action systems
- Ability to quickly identify data discrepancies and increase the accuracy of reporting
