About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Rigel Capital Rolls Out FundWorks Global’s FundReports6 to Automate Reporting Process

Subscribe to our newsletter

Seattle-based institutional asset management firm Rigel Capital has gone live with FundReports6, FundWorks Global’s enterprise client communications and reporting platform, to meet its institutional reporting requirements. The firm decided to replace its previously manual monthly and quarterly institutional reporting process in order to speed up report production and reduce the risks in the process, says Lynn Rowley, director of administration and operations at Rigel.

“The transformation in our reporting process since going live have been significant benefiting both our reporting team and our customers,” says Rowley. “We are now able to capture data from source systems, validate data, generate the reports, apply post production checks and authorisations and distribute 1,500 statements to our secure web portal, again provided by FundWorks, within 24 hours.”

The implementation was carried out in cooperation with FundWorks’ implementation partner, Column A, who assisted in the development of a standard set of reporting packs to meet Rigel’s requirements. The solution covers all steps of the reporting process from data collection through to web portal delivery, says Chip Healey, managing director of FundWorks North America.

“The implementation included the redesign of the packs and a workflow process that aligned itself to Rigel’s business requirement for reducing the amount of data manipulation required pre report production and the availability of a secure web portal for customers to access their current and historical reports,” adds Healey.

The vendor will be working with Rigel to roll the solution out to further report types over the course of this year, says Healey.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The time is now for buy-side firms to re-evaluate their approach to data management

Increased cost pressures, rising volumes of data, and the challenges of legacy systems are pushing buy-side firms to re-evaluate current approaches to data management. The aim is cost-effective, optimised data management that can provide flexibility and scalability, support various data types including ESG data, and ensure headroom for development in line with business objectives. Achieving...

BLOG

Moving from Legacy Systems to an Interoperable Future – Why Innovation is No Longer Big Bang

In this Q&A, Stephen Collie, head of sales engineering at FINBOURNE Technology, discusses the core data management challenges paralysing the buy-side today, and explores the critical role of a Modern Financial Data Stack and incremental innovation in the transition to an interoperable future. Q: Stephen, given FINBOURNE’s work with organisations across the global investment community,...

EVENT

Data Management Summit London

Now in its 12th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...