Asset management firm Lion Global Investors (LGI) has partnered with NeoXam to centralise and optimise its investment data and performance reporting across middle and back-office operations.
Through the collaborations, the firms aim to improve the accuracy and timeliness of client reporting. This will be achieved through the centralisation of LGI’s market and reference data, investment accounting and performance data, NeoXam explained.
Using NeoXam’s Investment Data Solution, a cloud-native software-as-a-service product, LGI will have access to a single source of truth for its investment data across all asset classes, NeoXam claimed. This will enable greater automation in the data management and client reporting pipelines, it added.
Tim Versteeg, managing director for APAC at NeoXam, said: “We are delighted to be working with one of the largest asset management companies in Singapore. Given the region’s rapidly evolving financial landscape, it’s imperative that financial institutions ensure they have access to accurate and reliable data for the seamless functioning of its middle and back-office operations.”
James Tan, chief operating officer at LGI, commented: “By leveraging NeoXam’s technology, we’re providing our teams with access to uniform investment and reference data, enhancing investment precision and performance reporting.
“This strategic collaboration underscores our dedication to innovation, reinforcing LGI’s commitment to delivering efficiency in its investment operations to clients in Singapore and the region.”
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