The quality of the investment reports on fund management can play a critical role in attracting and retention of clients. Investors would like access to clear overviews of the investment goals of their portfolio along with the risk level, costs and objectives as well as performance metrics as well as holding information.
Investors will also need detailed 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. In the case mutual funds will include a breakdown of total fees paid by each shareholder, as well as an explanation of the method of distributing these fees depending on the performance of the fund.
However, presenting this information within the context of the overall performance report could be a challenge for some companies. Most investors keep their funds in omnibus accounts that are maintained by broker-dealers. To offer personalised fee information, brokers must create interfaces with account owners’ records to calculate and disseminate this information to every shareholder.
Technology enables these complicated reporting requirements to be met without the need for re-designing internal systems. Clearwater Analytics is an industry-leading SaaS solution that can help grow for over 1,100 clients including pension plans and government as well as global insurers and asset managers. Our platform is fully integrated with the industry-leading suite of Broadridge’s Analytics Master Data Warehouse and can be accessed through an online and mobile dashboard application. This enables the delivery of high-quality investment-performance-net-of-fees and other reporting outputs for both client and regulatory purposes.
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