Seilern Investment Management, the independent and privately-owned quality growth investment management firm, has selected FINBOURNE Technology’s Modern Financial Data Stack to scale its investment operations, amid rapid growth. The firm will leverage FINBOURNE’s LUSID platform as a cloud-native data hub, to enhance its investment-decision making and client services.
The selection comes as the firm tripled its AUM in the last four years and has seen a consistent increase in both the number of clients and volume of transactions. With a diverse client base, Seilern Investment Management has ambitious growth plans over the next decade. In line with this, is the decision to move to a resilient, cloud-native platform to achieve optimal investment operational systems and reduced cost of ownership.
After a thorough market review, Seilern Investment Management selected FINBOURNE’s Modern Financial Data Stack, comprising its LUSID platform and a host of SaaS and API-first capabilities, to deliver timely investment data and the scalability and efficiency needed, to meet the needs of the business and its expanding client base.
The decision will deliver Seilern Investment Management with high levels of control, efficiency and confidence over investment data and processes, enabling it with the flexibility required to evolve on cloud infrastructure, to respond to market changes in the coming years.
New data hub for client and business excellence
Seilern Investment Management will now utilise FINBOURNE’s LUSID platform as its data hub to store and analyse client and transactional information, moving from batched processes to receiving daily-updated data, to improve its operations and client service across several functions and workflows.
With innate financial literacy, LUSID eliminates operational risk and achieves better support for storage, aggregation, analysis and reporting of a diverse range of data sets including; portfolios, transactions, instruments, holdings, fund flows and NAVs.
The timely access to high-quality data in one streamlined platform enhances the firm’s ability to deliver client excellence and assess new opportunities, with the opportunity to track investment and redemption trends of its growing client base.
Augmented data visualisation and insights
To empower informed investment decision-making and client insights, Seilern Investment Management will leverage LUSID’s data visualisation capabilities, to create bespoke dashboards and graphs. This includes the ability to drill-down and gain insights across metrics such as client holdings, inflows and outflows.
LUSID’s bitemporal feature means the firm can also access and rewind data across timelines, with full lineage, to augment business intelligence, as well as investment workflows.
Achieving an open and connected ecosystem
Featuring transparent, comprehensive APIs, the new data hub will enable Seilern Investment Management to smoothly import and export data across the firm’s operational ecosystem, from its custodian and CRM, to external market data vendors. Furthermore, datasets from the hub can be joined with those contained in other systems, to ensure consistent quality and avoid duplication.
This will have a positive impact on reporting processes and, together with an intuitive digital dashboard, Seilern will be able to optimise and transform underlying data to create both standard and bespoke reports.
Stuart Gunderson, Chief Operating Officer at Seilern Investment Management comments: “With over 30 years of operating history, we recognise that transformation is vital to continuing our success and facilitating future growth. We are pleased to partner with FINBOURNE Technology in this journey and are confident LUSID will deliver desired future-state infrastructure while reducing our total cost of ownership. In time, we look forward to expanding the scope to achieve additional efficiencies”.
Thomas McHugh, CEO and Co-founder, FINBOURNE Technology adds: “We are pleased to welcome Seilern Investment Management to our growing global community. We know there is a clear urgency to access clean, interoperable data, while lowering cost and risk. It is why our evolutionary Modern Financial Data Stack delivers financial services firms the careful balance they seek; between low-risk and low-cost operational transformation and the flexibility and speed to interpret and derive value from their data. With our domain expertise and SaaS-native technology validated by clients globally, we are steadfast in our mission to empower firms with the confidence to innovate on their own terms and support future growth.”
