Liontrust selects Fundipedia for its data management and dissemination platform

“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.”

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

About

Liontrust Asset Management, which was launched in 1995, is a specialist fund management group with shares quoted on the London Stock Exchange with a premium listing and is in the FTSE250 index.

Liontrust has six fund management teams investing in Global Equities, Global Fixed Income, Sustainable Investment and Multi-Asset portfolios and funds with £35.6 billion in AuMA (as at 30 September 2021).

Each fund management team applies distinct and rigorous investment processes to the management of funds and portfolios that ensure the way they manage money is predictable and repeatable.

Liontrust is an independent business with no corporate parent, our head office is on the Strand in London and the company has offices in Edinburgh and Luxembourg.

The Challenge

Liontrust were looking to partner with a technology company that had a deep understanding of asset management and its associated regulations, compliance issues and processes to validate fund data, as well as an advisor that could complement their growth strategy with a digital roadmap that implemented state-of-the-art web technologies.

Additionally, Liontrust considered a partner that already had a proven track record in product master solutions to deadlines for a reasonable cost and an adaptability to scale.

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.

“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.

The solution

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. 

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.