Twenty data hands to one — and an exit to MSCI.
A performance-analytics provider migrated off legacy systems onto OpenFinance, priced 350,000 securities a day across $2.4 trillion, and ran it all with a single data steward.
Serving 500 institutions means the numbers can never be wrong — or slow.
The client provides investment-performance management to money managers, consultants, plan sponsors, and institutional investors. Its legacy data systems couldn't keep up with the volume — hundreds of thousands of daily positions, 350,000 securities priced every day, modified-Dietz at account and entity levels, and blended reference data from more than fifty sources.
OpenFinance migrated the whole operation onto standardized feeds infrastructure with a robust, multi-identifier asset master, so positions aggregated cleanly across sources that each named securities their own way.
The challenge
- Migrate off the client's legacy data systems without disrupting delivery.
- Deliver daily valuations and performance to end customers at scale.
- Keep customer data separated and secure, never commingled.
- Aggregate positions across differing security identifiers that varied by source.
The approach
- Standard OpenFinance feeds infrastructure with multi-level account hierarchies.
- A robust asset master with per-security, multi-identifier cross-reference.
- Multiple custom output formats mapped to the client's requirements and uses.
- Automation designed to remove manual data handling end to end.
Bigger book, smaller team, clean exit.
With data operations automated by design, the client grew into the largest consulting names in the plan-sponsor vertical, launched automated web reporting across its base, and had a successful exit — selling to MSCI.
Fifty sources, one master
Daily and monthly feeds from 50+ providers, aggregated across multi-level account and entity hierarchies.
One security, every name
A multi-identifier asset master reconciles the same security across sources that each identify it differently.
Performance at volume
Modified-Dietz at account and entity levels over hundreds of thousands of daily positions.
Twenty jobs, one steward
Automated data operations replaced manual production, entry, and scrubbing across the pipeline.
Automation that compounds into an exit.
Drawn from a Digital Financial engagement, now delivered as ALPHA | OpenFinance. Figures as reported at the time of the engagement.