“We were able to leverage Control to create an efficient account reconciliation method which produces timely reporting throughout the cycle. Additionally, the digitisation of the reconciliation process has significantly shortened our reconciliation timeline, tightened controls, and increased the productivity of reconcilers by allowing more time for exception resolution.”
Data aggregation
data aggregation
Acquiring, validating, normalising and enriching data when and where it’s needed remains a key challenge faced by investment managers to drive their reconciliation, fee billing and other workflows. The burden of establishing and maintaining direct links with multiple providers of data can increase risk and reduce staff productivity, especially as business complexity and volumes increase.
Gresham’s Data Services is a complete source for accurate, reliable data that consolidates information on securities, cash positions, transactions and trade fail investigations for buy-side investment managers, wealth managers, and service providers alike. With more than 4500 unique data feeds from over 1500 global sources, this service collects and validates a wide variety of data from third-party providers at any frequency, regardless of format and protocol.
Outsourced reconciliation
outsourced reconciliation
Inefficient and error-prone processes combined with increased volumes of data and reconciliations place stress on the operations team. The limited choices of hiring more staff, investing in infrastructure or training, or outsourcing entirely are expensive and potentially risky options with questionable long-term value.
Gresham’s Managed Services provide support for crucial parts of your reconciliation process, including data collection and normalisation, with a more flexible and cost-effective right-sourced option. We function as an extension of your operations team and provide you with access to dedicated, highly skilled experts providing comprehensive coverage of your entire reconciliation process.
Automated reconciliation
automated reconciliation
Unnecessary operational risks and overhead costs in the reconciliation process are a result of outdated or inefficient workflows, erroneous or incomplete data, manual and redundant effort, and delayed exception resolution. As complexity and trading volumes increase, the lack of automation leaves firms burdened with low staff productivity and constrained ability to scale the business and manage investor and front-office demands.
We help buy-side firms and service providers reduce risk and gain operational efficiencies across reconciliation, exception management, and the entire post-trade process. Designed specifically for the buy-side, Gresham’s Control for investment management automates the reconciliation process to give you the power to focus valuable time and resources on strengthening differentiation and scalability.
Operational efficiency
operational efficiency
Reconciling in spreadsheets, on generic platforms or in silo-based environments that fall short of providing effective reconciliation support across the middle and back-office, creates high levels of inefficiency, redundancy, risk and errors throughout the process. As the volume of trades and the complexity of investment strategies increase, the need for a more efficient solution, one that can increase collaboration, reduce manual labour, and provide more buy-side specific automation, rises.
Gresham’s Control for investment management helps improve operational efficiency, addressing the problem of siloed investigations by intelligently integrating relevant data across departments, from the core reconciliation team to accounting, finance, corporate actions, collateral, settlements, securities lending and treasury/cash management. It provides the scalability, transparency and collaboration the middle and back-offices need to quickly prepare for and adapt to expansions or shifts in front-office trading and investment strategies, asset classes, counterparties, and trading volumes.
Streamlined client fee billing
streamlined client fee billing
Managing fee billing in spreadsheets or platforms that fall short on automation, integration and flexibility can be costly. As the complexity of portfolios increases, these outdated processes can have a negative impact on a firm’s bottom line, especially if inaccuracies result in fines, reputation damage and/or lost revenue.
We help improve the speed and accuracy of invoices, cash flows and client servicing by streamlining your operations with fast, automated fee calculations, billing automation, invoicing analysis, accounting and reporting. With Gresham’s Control for fee billing, you will benefit from an intuitive, integrated and workflow-based client fee billing process that eliminates manual touchpoints with custodians and improves the client experience – while reducing operational, compliance and reputational risk and cost.
Is your firm's fee billing process damaging your client relationships?
While controlling the compliance risks associated with client fee billing is crucial, providing the best possible client experience is just as important. For investment managers, that means ensuring the highest levels of accuracy, consistency and transparency across the fee billing process – from fee calculations and invoicing, to client communications and reporting.
Solving buy-side investment managers' corporate actions data challenge
For decades, there has been significant interest in automating corporate actions processing across the buy-side community. Meanwhile, the global pandemic’s impact on corporate actions has been significant as firms faced fluctuating timelines and high processing volumes amid cancelled dividends, shifted schedules, postponed mergers and acquisitions, and frequent trading halts and restrictions. Collecting corporate actions data should be trivial, but many investment managers still struggle with the process in today's world.