Managing large-scale government pension funds with millions of beneficiaries relies on the organization maintaining a strategic investment strategy of its assets as well as the costs incurred in realizing the returns of those investments.
Returns are often realized from various private and public equity programs as well as real estate ventures all of which are transmitting investment data to the pension offices.
Sometimes, however, the information is gathered and inserted into spreadsheets manually.
Or, disparate data sources may utilize similar people using different user names.
And if the computation of the investments’ business costs is done manually validation errors may regularly occur.
Each of these processes require time consuming research to ensure accuracy.
These hurdles can result in the delayed generation of important investment reports sometimes by three to four weeks making it difficult for portfolio and fund managers to remain agile with their investment strategies and for the assets of the agency to remain robust.