The quality of the investment management reports is a crucial element in attracting and keeping clients. Investors expect to have access to clear information about the investment goals of their portfolio as well as the risk level and costs in addition to performance metrics and holding details.
Investors should also have information on the amount of fees attributable to their accounts in the semi-annual or the annual shareholder report, depending on the company’s performance. If it is a mutual fund will include a breakdown of the total fees incurred by each shareholder, as well as an explanation of how these fees were distributed depending on the performance of the fund.
However, presenting this information in the context of the overall performance report could be a challenge for some businesses. Since the majority of investors hold their funds in the broker-dealers’ omnibus accounts. To offer personalised fee information, a broker-dealer must develop interfaces with those who own these accounts to calculate and distribute this information to each shareholder.
Technology enables these demanding reporting requirements to be met without the need for re-designing internal systems. Clearwater Analytics is an industry-leading SaaS solution that facilitates growth for over 1,100 clients, including pension plans and government globally-based insurers, as well as asset managers. Our platform is fully integrated into Broadridge’s Analytics Master Data Warehouse, the leader in this area. It is accessible via a mobile or web-based dashboard application. This enables the delivery of high-quality investment-performance-net-of-fees and other reporting outputs for both client and regulatory purposes.