This USD27bn AuM US group selected B-One in July 2010 not only for the quality of its data management, calculations accuracy and reports but also for the expertise of the BI-SAM staff and their specific focus on client satisfaction. The project was to replace the old incumbent system in order to calculate equity attribution, using a transaction based Karnosky and Singer multicurrency approach, and to explore the possibility of using ex-post and ex-ante risk decomposition and attribution in the future for over 150 portfolios.
BI-SAM has proven its capacity to provide this, allowing performance teams to rely on results matching the official portfolio returns, and explaining each and all the investment processes through attribution analysis. B-One has been delivering high quality data checks and controls, becoming the companyâs most important piece in the data management system for portfolio and benchmark data consistency checks.
Additionally, the platformâs fully automated process with the workflow capabilities allows for the 150 portfolios to be processed and available the day after the data import. The implementation project, which started in August 2010, was successfully managed until âgo liveâ, less than four months later.
âWe are pleased with the B-One attribution platform, it delivered insights that were not previously available. The transactional-based system has helped us understand the drivers of our performances at a microscopic level. We believe we made the right decision to work with BI-SAM and their B-One solution.â commented US groupâs project manager.
âWe are very happy to have succeeded in the delivery of this project on time, with highly accurate calculations and quality reports. This is a great beginning to our partnership with this important client and a good sign for the numerous projects that will be starting in 2011!â said Christophe Volard, BI-SAM Incâs COO.