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

WCM Investment Management Cuts Reconciliation Time with Gresham Managed Services

Subscribe to our newsletter

WCM Investment Management has cut reconciliation time by two-thirds after tripling assets under management (AUM) over the past three years by using Gresham Technologies cloud-based managed services to aggregate data from more than 55 custodians and reconcile positions, transactions, cash and foreign currencies across 1,500 accounts and 2,500 cash buckets.

WCM, an independent fund and investment manager, extended an existing relationship with Gresham in 2019, adding managed services with a view to keeping its operations team lean and efficient. Since then, the partnership has played a role in enabling WCM to scale from managing $30 billion AUM at the end of 2018 to $107 billion at the end of 2021.

“As our business underwent a period of significant growth, we found the increased volume and complexity of data and reconciliations was putting more and more stress on our operations team, which would have meant adding headcount,” says Julianna Jones, operations manager at WCM. “Using Gresham’s managed services we are predicting another 50% reduction in reconciliation time, down to 15 hours per week. This is due to Gresham’s team always finding more ways to improve our processes as we grow and expand into new markets.”

Prior to its partnership with Gresham, WCM was challenged with an infrastructure combining a portfolio management system and manual spreadsheets storing data. To overcome this challenge, WCM initially implemented Gresham’s Control for investment management and Data Services back in 2013, when the firm was managing less than $3 billion in assets.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

BLOG

Implementing and Understanding Modern Data Architectures: Webinar Preview

The evolution of data use by financial institutions has been accompanied by ever-changing challenges to its management. With technologies such as artificial intelligence enabling firms to prise greater value from their data and to subject it to greater utilisation, a new set of data management practices have emerged. These modern data architectures regard data as...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...