Just like the banking industry, asset managers and wealth managers are facing fierce competition, regulatory challenges and a need to control cost. Companies that have built over the years large institutional frameworks are finding it difficult to adapt to the ever shifting investors needs. Smaller companies who rely on processes that are sometimes disconnected and on “off-the-shelves” products, are finding equally difficult to adapt their systems in order to meet at a reasonable cost the robustness required by clients and regulators.
Sofistar provides asset and wealth managers with institutional-grade software solutions that allow them to automate their investment and management process without the cost and the complexity normally associated with an institutional framework. We advise our clients on how to use smart technology to control the whole workflow, making it easier to manage risk, asset allocation and investment strategies. We offer solutions for portfolio management, performance attribution and valuation, the development of trading strategies, back testing and pricing, automated trading, management of corporate actions, fund administration and distribution.
Banking and Finance
The nature of the technology challenge for financial institutions sector has changed rapidly over the last few years. Mutating market conditions and a new regulatory environment are testing the capacity of organizations big and small to adapt in an efficient and cost effective manner.
At Sofistar we believe that the implementation of new technology must deliver a positive experience and tangible operational benefits. Therefore, we see every project as a journey that we take with our clients. Key to this journey is an understanding of our clients’ processes and needs, coupled with our hands-on experience and deeply grounded theoretical knowledge. These elements allow us to give you valuable insight on business best practices and their technological implementation.
We advise our clients in banking and finance on a wide range of technology and strategic issues in a variety of fields: repo and securities lending, systematic trading, derivatives, risk management, exchange technology, third party software evaluation, processing and accounting and lifecycle analysis.
Business Process Automation
Business process automation is one of the recurrent mantras of our work. We consider it fundamental to the control of operational risk and efficiency improvements.
Our experience is that business processes often benefit from an external, unbiased analysis. Yet more value can be added by providing analysis that encompasses multiple business units and software platforms. This approach often reveals that the most inefficient processes are found in areas that lack definition and are poorly specified.
Our broad experience and strong technology exposure allows us to analyze, propose and implement solutions that integrate multiple technologies and business functions, leading to better engineered processes.
An example of how this can be achieved is given by our proprietary TRADE platform which allows you to integrate in a single automated workflow, different tasks, performed using different technologies such as Excel, Java software products, .NEt software products, Phyton processes, Matlab scripts and many more.
Although sometimes forgotten or taken for granted, good quality data is fundamental for the achievement of superior results in any business. The consolidation of data from multiple sources requires understanding of its meaning. It is a delicate task that necessitates technical skills and precision. We believe that a disciplined approach to data capturing and manipulation can create a real business advantage and have a direct impact on on profitability.
At Sofistar we invest a considerable amount of time in understanding the use our clients make of data and the way they capture it. We clean and organize data sets to be used for trade simulation, back testing, transaction analysis, portfolio valuation and MIS.
IT is often a challenging factor for an SME, especially when it comes to costs. Cloud computing opens a complete new world of possibilities, allowing enterprises to plan better their technology needs and pay only for what they use. The cloud is more than just a technology: it is an approach that is changing the way we consume IT, turning it in a service rather than an asset. At Sofistar we can analyze your framework and suggest the appropriate software, data access and storage services, with the aim of
- increasing security
- increasing flexibility
- reducing overall cost
Please see also our AWS Turnkey solution.