In every industry, the dynamics of the Covid era are driving change, and the financial industry is no exception. Waters Technology’s Max Bowie explains how companies like Ledgex are giving financial workers more confidence in their data.
For accounting pros, gathering reliable and timely data can be difficult, especially in the fast-moving financial world. Fortunately, fintech can help address this problem. State-of-the-art accounting solutions provide full transparency on data quality, revisions, corrections and approvals. That results in trustworthy data, which is ultimately the foundation for smart, fast, strategic business decisions. CEO Ted Meissner discusses how technology is the answer.
Every day, accounting and investment pros struggle to collect timely, updated data that will enable their firms to manage diverse portfolios and make real-time decisions. Gathering quality multi-asset data is labor-intensive and requires workarounds because it comes from third parties using different timetables and formats, resulting in inability to quickly verify and audit sources, discrepancies and a lack of confidence in data. Great data transparency is the answer. CEO Ted Meissner discusses a new approach that can provide better readings on ABOR and IBOR by bringing them together.
Ledgex announces Ledgex Pro, a multi-asset class portfolio accounting solution that handles ABOR and IBOR in one single solution, streamlining workflows and providing data insights never before offered. Included is Mission Control the innovative Ledgex Data Confidence Index, to give users deep insight into the quality of data they receive, along with a complete audit trail. The Data Confidence Index uses machine learning algorithms to analyze key data indicators and assign each piece of information a level of confidence within Mission Control.
Industry-first solution delivers greater data control, integrity and value for asset and portfolio management using innovative patent-pending Data Confidence index
WALTHAM, Mass., October 14, 2020 Ledgex today announced a groundbreaking new platform called Ledgex Pro, a multi-asset class portfolio accounting solution that handles accounting and investment books of records (ABOR and IBOR) in a single solution, streamlining workflows and providing data insights never before offered. The holistic, automated approach improves operating models, drives productivity, and gives foundations, endowments and family offices more time to manage portfolios and create value (Read More …)
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