ARMUNDIA DATA PERFORMANCE

Innovative platform for calculating and monitoring the performance of investment portfolios, financial and insurance policies, for compliance with the regulatory requirements of the MiFID 2 and IDD Directives. It’s the ultimate support for Ex-Post reporting required by MiFID 2.

INDUSTRIES

PRIVATE BANK, RETAIL BANK, BANCASSURANCE, SIM, SGR, FAMILY OFFICE

HIGHLIGHTS

Starting from the institution’s database, the application reconstructs the position of customers using the Account Aggregation approach and analyses their performance according to the changes in value to which it is exposed, net of changes due to operations and application of costs. Once the position has been processed, the platform calculates the Average Equity and the TMWR & MWRR Yield and a series of additional measures, and then obtains the Net and Gross monetary result, which can be certified with reference to both detailed and aggregate values. The display of services for the provision of punctual data (historical series, graphs, etc.) make the tool suitable for the central function of a single calculation engine for use across all customer reporting platforms and systems. An integrated monitoring tool has Diagnostics for the continuous control of cases that may affect the quality of the data (incorrect historical balances, missing movements, duplicate movements, incorrect sign movements, inconsistent balance dates, etc.).

The reporting dashboard displays the final data in analytical and graphical format and supports the processing and issuing of reports to customers.

REASON WHY

Banking model Innovation

Centralisation and unambiguity of performance data for all financial and insurance instruments

Guaranteed Data Quality

Possible outsourcing tool of the entire calculation and control process

Single point of performance calculation for all platforms and reporting systems

EMT Fund Managers Integration

Total compliance with IDD and MiFID2

Easy and detailed final reporting

Increased customer engagement and customer retention

BPO SERVICE & DATA QUALITY

Around the application perimeter, Armundia Group provides its clients with a dedicated BPO service that, through a suitably trained team and a structured, progressive and iterative approach, guarantees the achievement of high levels of Data Quality, maintenance of the calculation phases, management of incoming and outgoing flows, dialogue with third parties in case of problems, and certification of values.   

OUR SERVICES

Operates on the IT banking and finance market and develops innovative platforms for the management of the front-office processes of retail banks, Private Banks, Family Office, Asset and Wealth Managers.
Operates on the IT Insurance market and develops innovative platforms for Carriers, Brokers and Complementary Insurance Companies.
Is in charge for running strategical, specialistic and management consulting projects for the Banking and Finance IT Market.