Platinum Asset Management, an Australia based global equity manager, is planning to upgrade its data and technology capabilities with NeoXam’s DataHub integrated solutions for investment data, performance measurement, and Impress client reporting.
The NeoXam data management platform will be deployed to manage reference, market, and investment data within a single, centralised enterprise repository. This will allow Platinum to automate and enrich its data processes and books of records across IBOR, ABOR and PBOR to ensure greater control and oversight of its middle-office function.
Platinum will also deploy NeoXam’s Software-as-a-Service performance measurement and analytics modules for both internal management and operations, and external regulatory and client reporting.
“Platinum has chosen NeoXam to be the solution partner for our NextGen Target Operating Model, which will modernise our technology and data platform. Critically, its technology will enable us to create centralised data capabilities to service the enterprise, while retaining accountability for data operations and governance,” says Rodney Cowled, manager of strategic programmes at the fund manager.
The partnership comes a year after private equity firm Eurazeo completed a €100 million investment in NeoXam and became its majority shareholder. The investment is supporting NeoXam in growing its data management and reporting segments, as well as expanding its international presence in Asia, Australia, Northern Europe, and North America.
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