CCLA selects Finbourne to improve data management
FINBOURNE Technology, architects of an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market, announced today that CCLA, the UK’s largest charity fund manager, has chosen FINBOURNE to enhance its data management capabilities.
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The move is set to boost CCLA's operational efficiency and investment decision-making, positioning the firm for future growth. FINBOURNE’s EDM+ was selected by CCLA for its preconfigured understanding of financial products, its ability to manage every asset class, and its flexibility to consume different data sets from multiple providers. CCLA also benefits from the platform’s bi-temporal engine, which allows them to rewind to specific points in time across two different timelines - for instance, the time of an event and the time it was logged in a system - enabling more precise reporting and evaluation of investment performance.
Simon Lumsdon, Deputy COO of CCLA, said: “Our mission is to provide exceptional investment management services for our clients. In order to continue to deliver on our commitment to investors, we needed a solution that could manage wide ranging data sets efficiently to help us improve our reporting capabilities and support our growth. FINBOURNE's mature and flexible EDM+ stood out as the ideal partner to help us achieve these goals.”
Thomas McHugh, CEO of FINBOURNE said: “EDM+ is designed to address the complex needs of asset managers, offering real-time problem-solving and the flexibility to consume different data sets from a broad range of providers. We believe our solution will provide CCLA with the data structure they need, not only to significantly enhance CCLA’s operational efficiency, but crucially their investment decisions.”