Hedge Fund Data Analytics and Management Saves $1.2M Efficiently

Hedge Fund Data Analytics Support

A hedge fund faced significant challenges in its research data group, struggling with siloed databases and inefficient processes for sourcing, validating, and compiling diverse raw data. This resulted in time-consuming and expensive data extraction.To address this, Acuity Knowledge Partners implemented hedge fund data management and hedge fund data analytics solutions, complemented by hedge fund research services to provide deeper insights and enhance the overall investment monitoring process. This initiative led to $1.2 million in annualized savings, reclaiming 18,000 hours of data management work. By optimizing processes and increasing efficiency by 20% year-over-year, the solution enabled the fund to operate with 9 FTEs versus the initially required 4. This integrated data management process provided interlinked data, streamlining research and production, and significantly reducing operational costs.

  • $1.2m

    in annualized savings

  • 18,000

    hours of data management

  • 9 FTEs

    vs. 4 initially

  • 20%

    YOY Process efficiency

CLIENT CHALLENGES

  • The client’s research data group required an integrated data management process to source, validate and compile raw data for the research team
  • Raw data included macroeconomic data, market data, company fundamentals, M&A, trade data,ownership/ holdings, commodities,fixed income, reference data and derivatives, among others
  • Client’s existing processes created databases in siloes and without interlinkages
  • As a result, extracting, validating and compiling data for research and production was time-consuming and expensive

OUR APPROACH

  • Assembled a team of domain experts,database architects, application programmers, process managers, and data analysts
  • Used common data model and data adapters to integrate data from different sources which resulted in robust quantitative data collection services coupled with customized master data mapping
  • Worked with clients to define business rules for Quantitative data collection services and data monitoring, validation and capture
  • Worked on a workflow management system that segregated automated and manual components of the data management processAssembled a team of domain experts,database architects, application programmers, process managers, and data analysts

IMPACT DELIVERED

  • Handled more than 18,000 hours of data management time
  • Released bandwidth for the client team to focus on investment decisions through the use of complex quantitative methods
  • Helped the client standardize the raw data management process
  • Acuity’s quantitative data collection services and data analytics support resulted in savings of 1.2 MM in costs
  • Improved process efficiency (20% YOY)
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