A-Team Insight Blogs

Framework Develops Data Management Tools for Private Equity Investment Firms

Framework is addressing the reference data management challenges of private equity investment firms with a data hub and self-service reporting and analytics tool set. While private equity technology implementation lags that of other investment sectors, Framework is following the latter’s lead with a centralised approach to data that is designed to help firms navigate the changing landscape.

Paul Whapham, principal at Framework, explains: “The technology needs of the private equity investment sector are moving on. In the past, many firms implemented best-of-breed solutions for functionality such as customer relationship management, general ledger and portfolio administration, but this has become a problem as the market has changed.”

Key shifts in the market include larger allocations from institutional investors, larger funds, bigger deals and volumes of business. Whapham describes the challenges of these changes as scaling and integrating best-of-breed and other solutions. He says: “Framework addresses these problems by consolidating data from across multiple systems and allowing stakeholders in the data to use it more effectively for tasks such as regulatory and investor reporting, and to gain a better understanding of the data.”

Framework has a track record in accounting solutions for private equity investment and is evolving to offer technology components for accounting and administration, and reporting. The company also has, and is developing, an integration layer that allows Framework components to interact with installed applications. The data hub brings together siloed investment data into one database, in one standard format.

Whapham describes the benefits Framework provides as 17 years’ experience in the private equity space, a functional data management architecture that make apps part of an IT ecosystem rather that isolated solutions, and open application programming interfaces (APIs) to gather data. He adds: “From a data management perspective, we work with what clients already have, agree on where reference data is stored and who owns it, and then understand what data and meta data needs to be gathered. Typically, the outcome of using Framework is greater efficiency and reduced operational risk.”

To date, Framework has towards 20 clients and 40 employees, half cutting code in Bangalore and the other half working in London as subject matter experts, product managers and business analysts. The company’s strength is in Europe, but it is also growing presence in the Middle East and North America. Whapham concludes: “There about 2,000 organisations in the global private equity sector and about 10% of them could gain value from Framework.”

Leave a comment

Your email address will not be published. Required fields are marked *

*

Share article

Related content

WEBINAR

Recorded Webinar: Balancing compliance and value in data management initiatives

You can listen to the recording of this webinar by registering on this page. Over the past few years, about 90% of data management has been dedicated to the operational requirements of data governance and regulatory compliance, but this is changing rapidly as financial institutions look to exploit and drive business value from data. At...

BLOG

Global Benchmarking Survey by EDM Council and Headstrong Reinforces Importance of EDM for Regulatory Compliance

The Enterprise Data Management (EDM) Council and Headstrong, an IT consulting company for financial services, today announced results of their 2010 industry benchmarking survey on the current state of data management among global financial institutions. Sponsored by Headstrong and with analysis completed by the EDM Council, the survey demonstrates the rising importance of EDM as...

EVENT

Data Management Summit New York City

Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

The Trading Regulations Handbook

Need to know all the essentials about the regulations impacting trading infrastructure? Welcome to the first edition of our A-Team Trading Regulations Handbook which provides all the essentials about regulations impacting trading operations, data and technology. A-Team’s Trading Regulations Handbook is a great way to see at-a-glance: All the regulations that are impacting trading technology...