Every day – across investment offices, foundations and endowments – a flawed process is repeated. Accounting and investment pros struggle to collect timely, up-to-date information that will enable their firms to manage diverse portfolios and make better, faster decisions. And every day, the results are the same; an inability to quickly verify and audit sources, accompanied by discrepancies and a lack of confidence in data.

What’s needed is greater data transparency, after all, even the most sophisticated data analytics won’t make a difference on the bottom line if the information can’t be trusted. Yet, this hurdle may finally be crossed by a technology approach that brings together accounting and investment books of records (ABOR and IBOR).

(Nov. 17th, 2020)
Global Banking & Finance Review