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Master Data Management for the Buy-Side Digital Transformation

By May 20, 2021 No Comments
Data Governance solution for Buy-Side Digital transformation

As managers continue to seek ways to improve their business continuity after COVID-19 drastically uprooted the workplace, many have turned their focus toward accelerating their digital transformation using a data governance solution. In the realm of data management, buy-side firms are making significant inroads by leveraging digital-first providers to propel themselves further up the data maturity curve and along in their journey.

With robust master data management a fundamental component of accelerating one’s digital transformation, asset managers have chosen IVP, and its suite of cloud-based data governance solutions and services, to help maximize their accuracy, efficiency and agility. This support has led the firm to a number of notable award recognitions over the course of the past year, further instilling its prominence and ability to provide scalable and robust solutions to fit managers’ unique and ever-evolving data management needs.

Through IVP Master Data Management (IVP MDM) – comprised of IVP Security & Reference Master, IVP Entity Master, IVP EDM, IVP Data Warehouse (Polaris) and IVP Decision Science – asset managers are provided with a number of advantages to help them remain competitive in today’s data-driven landscape, such as:

  • Accuracy: Reduces the risk of errors and discrepancies in internal and external data flows
  • Completeness: Manages data, tracks lineage, catalogs data, establishes data governance and automates data distribution
  • Innovation: Allows for more time to be spent on insights and decision making with data fully under control
  • Connectivity: Ensures reliable integration with the financial ecosystem using built-in adapters
  • Standardization: Cleanses and processes data on time for easier access in multiple downstream applications
  • Timeliness: Provides access to data on demand for virtually any need without requiring IT involvement
  • Consistency: Stores and manages data in a tightly controlled way that is scalable and extensible over time

Data’s rising importance for uncovering a competitive edge has only underscored firms’ need to accelerate their digital transformation with its management top of mind. By implementing the right data governance solutions and services to assist with prioritization, deduplication, governance and more, managers will find themselves in a better position to use their data to their advantage both now and in a post-pandemic world.

Read about IVP’s recent award recognitions below or contact sales@ivp.in to learn more about IVP MDM.

Best Data Management Solution: Announced virtually on March 23rd, 2021, Indus Valley Partners was amongst the prominent list of hedge fund service providers recognized at the HFM European Services Awards after demonstrating exceptional client service, innovation and strong and sustainable business growth over the past 12 months. The firm took home the “Best Data Management Solution – Smaller Managers” award for providing hedge funds with a way to efficiently integrate, process and govern data across fund admin, portfolio accounting and risk systems.

Best Data Governance Solution: The Inside Market Data Awards & Inside Reference Data Awards, which took place on September 18th, 2020, recognized industry excellence within market data, reference data and enterprise data management. Here, IVP EDM was awarded “Best Data Governance Solution” due to its ability to help managers make informed decisions through the maintenance of well-governed datasets with improved overall data quality, usefulness, relevancy, accessibility and transparency.

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