Providing the information for decision makers within investment firms is not straightforward. The complexity of the underlying business, the flexibility required to meet diverse and stringent requirements, the need for accuracy and consistency, all within tight time constraints make serious demands of any potential solution. It is for this reason that many investment firms are still reliant on spreadsheets, as these provide the necessary flexibility to meet these needs. But this comes at a cost, with risks of potential losses, due to data or logic errors, key person risk, and associated costs of support and maintenance.
Realising the twin needs of flexibility along with consistency and control, Microsoft recently launched the new Office PerformancePoint server to enable businesses to analyse their activities and performance more effectively. Tightly integrated with Microsoft Office applications such as Excel and PowerPoint, it removes the risks of inconsistencies, duplication and error by utilizing centralized data, analytics and reports stored on a server. This allows access to data and permissions to alter formulae and layouts to be controlled while retaining the familiarity and ease of use of Microsoft Office.
The combination of AlphaPointâs analytic database and engine designed specifically for the investment industry, along with the dashboards and reports developed and deployed with PerformancePoint, provides a comprehensive and cost effective solution to an investment firmâs need for an investment portal to meet the needs of decision makers at all levels across the business.