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Less history, less risk. For more than a decade, Meradia approached investment performance implementations with this mantra. Two key assumptions underpinned the “less is more” philosophy: Assumption 1 – Performance implementations become more difficult with longer histories and more granular data. Assumption 2 – The exponential increase in project risk from migrating longer and more
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The Evolution of Meradia’s Approach to Investment Performance Data Migrations
Less history, less risk. For more than a decade, Meradia approached performance implementations with this mantra. Conventional wisdom says to migrate as little historical performance data as possible, because anything more brings unnecessary complexity without a commensurate payoff. This defensive stance was born from hard-won experience. Too many projects became bogged down by large data
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How Investment Performance Teams Drive Revenue Growth and Retention
Reframe Performance as a Growth Engine, Not a Cost Center There is a flaw in the assumption that the investment performance department is a cost center. Revising this assumption clarifies why firms are funding performance transformation projects. Reframed as a core product interface and growth enabler, performance improves client experience, creates a strategic feedback loop,
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Building a Resilient Data Strategy: Learning from UniSuper’s Google Cloud Incident
DATA STRATEGY IS MORE IMPORTANT THAN EVER, BUT MANY OVERLOOK THE “LESS SEXY” COMPONENTS Across Fortune 1000 companies, nearly 88% identified investments in data and analytics as a top organizational priority in 2023, with over 82% of organizations saying they are increasing that investment (Statista, 2024). The message is simple. Enterprise data strategies are critical
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UAT for Performance Transformations Is Notoriously Difficult. It Doesn’t Need To Be.
User Acceptance Testing (UAT) can throw projects into a frustrating and mind-numbing stall, which is catastrophic to any transformation. The terror of botching a go-live event with insufficient data commonly leads users into a frenzy of checking, double-checking, approving, re-checking, and reapproving. As the process repeats across test cases, progress toward user confidence seems negligible.
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Data-Centric KPIs Enable Effective Management of Investment Performance Operations
Consider the irony… Performance departments exert their time and energy to calculate performance results that inform consumers of the impacts of their decisions on investments. Though Performance executes complex calculations and solves firm-wide data challenges for consumers’ benefit, oftentimes they forget to measure the most important performance of all… their own. This fourth installment of the Performance is Data Series explores exactly how Investment Performance teams can embark on a key performance indicator (KPI) centered approach to measure more than just the performance of others and introspectively assess operations.
by Clay Corcimiglia
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