Liontrust has selected Fundipedia’s data management platform to deliver a golden source, providing validated, trustworthy data to both Liontrust and its downstream data vendors. 

This followed the recognition by Liontrust that gaining more effective control and management of its product data was a critical step on the path to supporting its future growth and empowering the entire organisation. Fundipedia’s audit trail and reconciliation features evidence that data delivered downstream are accurately published to investors.

The project was delivered by Fundipedia’s implementation team who bring decades of asset management experience and a deep knowledge of the challenges faced by asset managers.  This combination of experience and cutting-edge technology efficiently onboarded Liontrust’s data in less than 12 weeks.

Liontrust now benefits from a single, highly visible, validated source of data, which can be used with confidence to populate and reconcile all channels and formats, delivering the transparency required by regulators, intermediaries, and clients alike.

The range of benefits for Liontrust and its investors include:

• More efficient use of resources. Fundipedia’s automation ensures data accuracy is a given within Liontrust without increased headcount and the associated cost. This translates into improved client service provision.
• Compliance on autopilot. Fundipedia’s automated data quality rules, vendor dissemination and reconciliation checks guarantee data accuracy in situ thus ensuring that when it is disseminated to vendors it is accurately published.
• Positioned for future growth. With a golden data source, Liontrust has the foundation and technology to launch new products and scale up operations with future growth of the business.

Simon Swords, Managing Director of Fundipedia said 

“with every aspect of investment management under scrutiny, firms can no longer afford to take an ad hoc approach to managing and delivering the data that is the very lifeblood of their business. We’re delighted to be working with a firm as forward thinking as Liontrust. Liontrust now has control over its data, mitigating potential business, reputational and compliance risk. A foundation of accurate data will drive growth and put Liontrust ahead of its competitors for years to come.”

Vinay Abrol, Chief Financial Officer and Chief Operating Officer of Liontrust, said:

“Providing accurate data in a timely manner to clients and vendors is crucial for an asset manager. As we have grown our assets, client base and fund range, diversifying across asset classes, this has become a more resource heavy function. “We chose Fundipedia to provide a solution to this challenge and we are very pleased with the platform they have implemented. This is enabling a much more efficient provision of information and data to the market.”