Black Mountain Systems, a leading front office technology developer for investment managers, was featured as a preferred service provider in an overview of the Form PF landscape by Bank of America Merrill Lynch. With deadlines for Form PF submission rapidly approaching, many asset managers are turning to outsourced solutions to navigate these requirements.
Black Mountain’s proprietary system, Everest, provides a flexible data warehousing solution that allows clients to aggregate and standardize data from numerous internal and external systems, alleviating one of the major challenges stemming from Form PF. The system’s open architecture permits clients to seamlessly take in information, regardless of source or asset type. Everest provides customizable dashboards to sort and filter positions based on different metrics and drill down capabilities to see underlying detail on specific holdings.
"We are excited to leverage the Everest technology platform to solve a variety of challenges that our clients face when dealing with the large and disconnected sets of data involved in the investment process. Our flexible data structure and highly configurable front end provides an integrated and powerful solution to some very complex reporting challenges," said Kevin MacDonald, co-CEO of Black Mountain.
Black Mountain currently has 31 clients managing approximately $500bn in assets on the Everest platform.