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.
ARMUNDIA DATA PERFORMANCE
PRIVATE BANK, RETAIL BANK, BANCASSURANCE, SIM, SGR, FAMILY OFFICE
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.
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.