Automation of portfolio valuation for an independent, full-service investment firm using intelligent automation

Challenges

The client performs periodic portfolio valuations to evaluate the portfolio's performance and for other tax-related documentation. Since the above process has to be repeated manually for thousands of portfolios under hundreds of funds, it presents the following challenges/ limitations:

Tedious and tiresome process
Prone to clerical errors
Too much delay in response
Time consuming and Inefficient

Automation Solution

Step 1 Scheduler triggers the bot
Step 2 Segregate emails
Step 3 Downloads the file(s)
Step 4 OCR/ ML engine captures the required info
Step 5 Information keyed into the fund management app
Step 6 API call to upload files
Step 7 Result sent as email notification
Step 7 Result sent as email notification

Step 1

Scheduler triggers the bot
Step 2

Segregate emails
Step 3

Downloads the file(s)
Step 4

OCR/ ML engine captures the required info
Step 5

Information keyed into the fund management app
Step 6

API call to upload files
Step 7

Result sent as email notification
Step 7

Result sent as email notification

Benefits observed

Response time reduction
from 24 hrs to 1 hr

Increase in processing
capacity 4x

Reduction in processing time
2+ hrs to 15 mins = 85%

Availability/ update frequency
24/7 No delay

Expert talks

“Finance robotics is evolving from simple individual task automation to full process automation that could improve the accuracy of financial analysis and forecasts. Automating finance processes requires combining finance robotics with other intelligent automation technologies.”

- Gartner

“Finance is under pressure to increase the ROI on finance robotics. At the same time, finance robotics must be scaled out of shared services and into other finance sub-functions such as procurement and tax.”

- Gartner

“AI is about to revolutionize how PPM leaders leverage technology to support their organization. Initial skepticism will eventually give way to practical AI use cases allowing PPM leaders to spend more time on value creation and less time wrestling with current PPM software technologies.”

- Gartner

“Global asset management market was valued at $250.12 billion in 2021 and it is expected to reach a value of $1113.53 billion by 2028, at a CAGR of 23.78% over the forecast period (2022–2028). Artificial intelligence (AI) has demonstrated a potential impact on the asset and wealth management industry over the past decade.”

- SkyQuest

Automation of portfolio valuation for

A leading US Investment firm

Client

Challenges

Automation Solution

Key Features of automation

Benefits observed

Expert talks

To learn more about Changepond’s automation journey