The solution, MViewÂ®, provides unrivalled online reporting, inquiry and analysis for portfolio and accounting information via Netik InterViewâs Web-based investment portal technology.
The MViewÂ® solution evolved from CGIâs need for a consolidated information hub to support flexible, browser-based reporting and ad hoc query facilities for its MPower ASP users. Such a hub would address the trend towards online inquiry and analysis, automation of back-office reporting, and enterprise-wide risk reporting.
"CGI has nurtured excellent, longstanding relationships with its MPower customers through listening and understanding the needs of their business," comments Gary Teluckingh, Vice President, Banking and Investments with CGI. "The MPower user group asked for online reporting and analysis to help them cut costs and mitigate risk, and we recognized that this solution was critical to increasing our service levels."
By combining MPower with Netikâs InterView Investment Hub, CGI customers have unrivalled access to pre-defined reports and queries, coupled with extensive, user-friendly facilities for user-configured reports, ad-hoc queries and analysis against any or all of their portfolio data. InterView provides the MviewÂ® solution with enhanced analysis capabilities ranging from consolidated summary reports to detailed, multi-dimensional analysis of investment information. Flexible output enables users to view output within a browser in tabular and/or graphical form, download & save results to Microsoft Excel, and generate structured reports in pdf format or Crystal Reports for printing or delivery via email.
The MViewÂ® solution is engineered specifically for the Wealth Management market in Canada and targets the mutual fund, managed account, WRAP and institutional investment sectors.
John Wise, Netikâs CEO says, "Netik has a close relationship with CGI stretching back several years and I am delighted that this has now culminated in the partnership that has produced the MviewÂ® solution. This innovative collaboration delivers a market-leading ASP platform for Wealth Management in the Canadian market."
Solution Challenges Addressed
CGI required a data hub to maintain current and historical portfolio data, isolated from the MPower production database. The data hub was to be scalable, secure with real-time capabilities. CGI required a feature-rich, browser-based environment from which MPower clients could query, "slice & dice" and report portfolio information, customized to their requirements, without incurring the time delay and expense of creating conventional hard-coded reports.
Following an extensive technical due diligence review, CGI recognized that Netikâs InterView Investment Hub met its information access requirements, and provided the most reliable, cost-effective strategy for enhancement of CGIâs outsourced services. Colin Close, Netikâs CIO says, "Netikâs technology is a perfect match for CGIâs requirements not just because of the closeness of fit in features and functions needed, but also the requirement for unquestioned scalability and performance driven by the service levels expected from an ASP solution. Netikâs products have been rigorously shaken down over the years by leading-edge deployment in Tier 1 institutions such that we specifically deliver high performance and massively scaleable Investment-HUB and WEB PORTAL solutions for investment management, analytics and reporting."