Our client conducted research across the market into what options were available and Fundipedia stood out as one that exceeded the firm’s requirements. They embarked on a project and implementation was complete within just a few months.
Key Business Benefits
Gathering information in all the different systems, platforms, identifiers that we use across those platforms and creating a single source of truth in Fundipedia created a large number of processes efficiency gains across all levels of the business.
A single source of truth
No more mismatches and user errors across the organisation. Fundipedia provides much greater transparency and oversight of the reporting process, not to mention a clear audit trail of how data has changed and data lineage.
Fundipedia is available to everyone in the organisation with a few exceptions of limited access to some data fields for certain teams. This has empowered end-users to build downstream controls themselves, thus significantly increasing business agility without additional overhead.
Before Fundipedia, the product team was doing ad-hoc and regular reports manually. Fundipedia has automated all internal and external reporting whilst increasing overall report accuracy.
By cutting out time-consuming processes such as documenting requirements and handing over the build to a separate team, end users can accelerate the deployment of the controls and checks required for robust regulatory reporting.
A flexible, cloud-based system is easier to access for the distributed teams and does not require onsite maintenance. This creates a sustainable, scalable and cost-effective environment to support further innovation.
Fundipedia is entirely API driven, which means that our client can quickly bolt on additional benefits such as building workflows around the automation and management of the fund setup process and much more.