Old Mutual Investment Group move to Infostore Data Management Platform

South Africa - 7 December 2009

Infovest Consulting, one of South Africa’s leading investment data consulting firms, today announced that OMIGSA (Old Mutual Investment Group SA) has taken the Infostore data platform live after a successful 4-month implementation. OMIGSA, which manages assets in excess of $50 billion, is South Africa’s largest asset manager. Infovest began implementation of their leading Infostore data management platform In August this year, and with a unique implementation approach managed to go live with the full investment data warehouse and monthly client reports by the end of November.

Infostore is South Africa’s leading investment data management product and OMIGSA is the 7th client to operate off the Infostore platform. Other clients include 2 of South Africa’s 3 largest hedge funds, and 2 of the 4 largest multi managers. Features implemented at OMIGSA include fund and instrument attribute maintenance, classification tree management, dynamic fund group management, and the Infostore client reporting module.

Infostore has provided OMIGSA end users with the ability to manage report images, commentary, data conversions, and pack configurations. It has also shortened the complete month-end report pack generation process from 10 hours to a few minutes.

According to Lionel Waker, director at Infovest, the OMIGSA implementation has yet again proven the rapid implementation cycles that can be achieved using Infostore: “The key to successful implementations lies in combining a best-of-breed product with a small, experienced and dedicated team. Each team member is a specialist in their field, and when business and technical objectives have been clearly defined there is really very little risk involved”.

Infovest is independent and was formed in 2006. Their headquarters are in Cape Town, South Africa.

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