ACA Technology Solutions (ACA) announced today that Strategic Investment Group (Strategic), a Virginia-based provider of dedicated Outsourced CIO solutions, implemented two of ACA’s Data Management Solutions.
Strategic implemented ACA’s Data Warehouse and Security Master. Strategic selected these offerings in order to combine multiple sources of data into a single source, improve its maintenance of security reference data, calculate performance, provide sophisticated reporting, and implement proprietary risk and analytics functionality, all while supporting knowledge date. In addition, Strategic needed a vendor that could easily implement customizations on top of an already robust product.
“Implementing a data governance model that marries our data with our unique process and client needs is critical to our success. Our team looked at several platforms to centralize our data management, performance calculations, and risk analytics,” said Justin Scher, Chief Technology Officer at Strategic. “We needed a system that could handle the nuances of our particular performance needs while easily extending upon that data. Most importantly, we needed a system that can handle point-in-time snapshots with knowledge date without degrading performance. ACA's Data Management Solutions met our needs and exceeded our expectations by simplifying the process for our operations and relationship management departments.”
“Prior to the ACA Data Management Solutions implementation, generating customized client reports required us to aggregate data from a variety of sources,” said Joshua O’Brien, CFA and Director at Strategic. “With ACA’s Data Management Solutions, we were able to move our entire core reporting to a platform that feeds from one source utilizing a consistent and reliable process.”
“We understood the importance of having a system that could bring together all the data points and correctly represent the complex investment/investor relationship hierarchy that is crucial to support Strategic’s transactional, operational, and reporting functions,” said Johan Glozman, Managing Director at ACA Technology Solutions. “We worked closely with Strategic to understand their business and current data sources and mapped out a solution that not only worked with their investment process but helped to improve their operations and reporting in one platform.”
About ACA Technology Solutions
ACA Technology Solutions is a division of ACA Compliance Group, a leading provider of regulatory compliance services and products, technology solutions, cybersecurity and risk assessments, and performance services to over 850 regional, national, and global firms in the financial services industry. ACA currently serves more than 70 of the top 100 hedge fund managers (Hedge Fund Alert, April 2015), more than 50 of the top 100 private equity firms (PEI 300, May 2015), and over 30 of America’s top 50 money managers (Institutional Investor, 2015). For the past 12 years, ACA Technology has successfully provided solutions to over 150 investment managers. Our team of financial technologists has real-world industry experience and understands the dynamic needs of today’s investment managers.