Is your data clean?  Is it readily available?

As investment management firms grow in assets under management, often so does their need for information management systems.

Predictable problems occur over time as additional ad-hoc components, such as Access databases, Excel spreadsheets – seemingly innocent small programs – are added to the daily operations of a firm. In fact, 70% of the data generated and stored between today’s investment management systems is redundant. Data integration and centralization is becoming more of a necessity than a luxury and one that Column A solves for its clients. With our wide range of expertise and experience with systems integration, ETL tools, and data mart/data warehouse design and development, we make the streamlining easy.

Generally speaking, mismanaged data storage is a common trend across all business groups and job functions of an organization that will eventually create mayhem when the need arises to quickly adapt to the constantly changing financial markets landscape.
The goal of a data management solution is to create a “Centralized & Holistic” strategy and approach for the management of information across an organization. Here’s what this approach can help you do:

• Consolidate – Your company must be able to consolidate systems and data flows between front, middle, and back office groups. This reduces data replication and streamlines information delivery across an enterprise.

• Manage Information Integrity– As your data is consolidated, it becomes easier to 1) ensure quality; and 2) develop common delivery mechanisms. Thus ensuring that business groups and systems have access to reliable, consistent, and up to date information on a regular basis.

• Improve Business Workflow – By simplifying, consolidating, and organizing information processing and management, day to day operations will run much smoother and efficiently.

• Facilitate Growth and Adapt – not too be overlooked, the ability to grow with increasing client requests is critical to a firm’s success. By having the proper data management strategy in place, adapting to both client requests and technical infrastructure growth will be less of an ongoing headache.

A proper data management solution will help to manage these important success factors. The sooner an organization is able to clearly define a data management strategy, the better off they will be when faced with the dilemma of “Process Isolation”.