Case study: Credit Data Lens
Transforming fragmented investment book of record operations into a unified credit middle-office solution
A US-based, publicly listed global asset manager with investment strategies spanning public and private markets.
The client used multiple platforms to maintain their investment book of record ("IBOR") across several credit strategies. This created fragmented data, inconsistent processes, and operational inefficiencies.
Before transitioning to a unified platform, the client also needed to undertake a comprehensive data-cleansing exercise. This involved validating holdings and cash balances and aligning information across systems.
The absence of a scalable operating model and consistent data structure also limited integration and made it more difficult to support future growth.
We deployed a dedicated team to transition portfolio data for 80 funds onto our Credit Data Lens middle-office platform. The platform was integrated with the client’s internal systems to support a consistent flow of data across operations.
We now provide an outsourced middle-office solution encompassing:
Real-time transaction management and processing
Daily reconciliations
Custom data integration and validation
IBOR maintenance
Net asset value oversight support
Data supporting internal reporting
The transition also strengthened collaboration between the client’s operations leadership and our team, creating greater operational alignment and trust.
The client now benefits from a more integrated and scalable operating model, including:
Real-time access to consolidated dashboards, with the ability to drill down into individual transactions and attributes
Improved data quality and a more consistent source of operational information
Significant savings on cash-drag and improved timing on fund deployment
Better coordination across operations, finance, treasury, and risk
Greater sharing of operational knowledge and established processes
Improved operational efficiency and infrastructure capable of supporting future growth
The challenges
The client used multiple platforms to maintain their investment book of record ("IBOR") across several credit strategies. This created fragmented data, inconsistent processes, and operational inefficiencies.
Before transitioning to a unified platform, the client also needed to undertake a comprehensive data-cleansing exercise. This involved validating holdings and cash balances and aligning information across systems.
The absence of a scalable operating model and consistent data structure also limited integration and made it more difficult to support future growth.
The solution
We deployed a dedicated team to transition portfolio data for 80 funds onto our Credit Data Lens middle-office platform. The platform was integrated with the client’s internal systems to support a consistent flow of data across operations.
We now provide an outsourced middle-office solution encompassing:
Real-time transaction management and processing
Daily reconciliations
Custom data integration and validation
IBOR maintenance
Net asset value oversight support
Data supporting internal reporting
The transition also strengthened collaboration between the client’s operations leadership and our team, creating greater operational alignment and trust.
The result
The client now benefits from a more integrated and scalable operating model, including:
Real-time access to consolidated dashboards, with the ability to drill down into individual transactions and attributes
Improved data quality and a more consistent source of operational information
Significant savings on cash-drag and improved timing on fund deployment
Better coordination across operations, finance, treasury, and risk
Greater sharing of operational knowledge and established processes
Improved operational efficiency and infrastructure capable of supporting future growth
How can we help?
About Credit Data Lens
Credit Data Lens is a market-leading platform that enables investment managers to establish or transition to an outsourced or co-sourced middle-office operating model.
It provides scalable infrastructure, enhanced reporting, and integrated processes across investment operations. Its capabilities include risk management, treasury-as-a-service, and loan-closing support.
About Apex Group
We are dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. For over two decades, we have continually disrupted the industry through our investment in innovation and talent.
Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross-asset-class platform, which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.