The quality of investment reports on fund management can play a significant part in attracting and retention of customers. Investors want access to a clear overview of the fund’s investment goal cost, risk level and other costs together with the performance metrics and details of holdings.
Investors should also have information on the amount of the fees that are attributable to their account. This information is usually found in the semi-annual or annual shareholder report, depending on the business. In the case of mutual funds, this could include a breakdown of the total fees that each shareholder pays and an explanation of how those fees were used to improve the performance of the portfolio.
However, presenting this information within the context of the overall performance report could be a challenge for a lot of businesses. For one thing, the majority of investors are able to access their funds through the broker-dealers’ omnibus accounts. To offer personalized fee information, a brokerdealer will need to establish interfaces with the owners of these accounts to calculate and distribute the data to each shareholder.
Technology enables these demanding requirements for reporting to be met without the need for re-designing internal systems. Clearwater Analytics provides an industry leading SaaS solution for investment accounting and reporting, which enables growth for more than 1,100 clients including pension plans, governments, global asset managers and insurers. Our platform is fully-integrated with Broadridge’s Analytics Master Data Warehouse, the leader in this area. It can be accessed via a mobile or web-based dashboard application. This enables the delivery of high-quality real estate business investment-performance-net-of-fees and other reporting outputs for both client and regulatory purposes.
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