Case Study
An asset manager accelerated settlement to T+1 and cut manual reporting effort by 70%.
Asset management firms operate across diverse trading platforms, risk engines, and compliance frameworks. For this firm, that complexity had created an integration burden that was slowing trade settlement, increasing compliance risk, and consuming analyst time that should have been focused on portfolio performance.
T+1
Trade settlement (from T+2)
Real-time trade processing accelerated settlement by a full day, reducing counterparty exposure and unlocking intraday rebalancing opportunities.
70%
Less manual reporting effort
Automated risk and regulatory reports across EMIR and MiFID II frameworks replacing hours of manual data extraction and reconciliation.
40%
Vendor cost reduction
Consolidated market data feeds from Bloomberg and Refinitiv into a single normalised layer, eliminating duplicate subscriptions and custom connectors.
Intraday
Portfolio valuations
Dynamic intraday NAV calculations replaced end-of-day batch processing, enabling more responsive portfolio management and client reporting.
Industry Challenges
Industry Challenges
In asset management, integration failures are not just operational inconveniences they carry financial, regulatory, and reputational consequences. Data silos between portfolio, trading, and risk systems meant that the firm was making decisions with incomplete or delayed information.
Disparate portfolio management, order management, and risk systems created data silos with no single source of truth for positions or valuations.
Manual trade reconciliation across custodians and prime brokers introduced delays and errors across the settlement lifecycle.
Fragmented market data feeds from Bloomberg, Refinitiv, and other vendors drove up costs and created normalisation overhead.
Regulatory requirements (EMIR, MiFID II) demanded automated reporting and comprehensive audit trails that the existing setup could not provide.
Legacy accounting platforms struggled to keep pace with intraday valuations and fee calculations.
Solution Approach
Solution Approach
i-Con was deployed as the middleware orchestration layer connecting all front-office, middle-office, and back-office systems. Reusable connectors for FIX-based trading platforms, RESTful data vendors, and messaging queues replaced the web of point-to-point integrations that had created maintenance overhead and fragility.
| Integration Target | Description | Benefit |
|---|---|---|
| Trading Platform (FIX) | Trade sourcing and execution confirmations | 50% reduction in reconciliation time |
| Portfolio Management (Aladdin) | Position updates and risk analytics | Real-time P&L and VaR metrics |
| Market Data (Bloomberg / Refinitiv) | Streaming prices and reference data | Unified, normalised data for all front-office apps |
| Accounting System (SS&C) | NAV calculations, fee accruals, GL postings | Intraday NAV feeds for client reporting |
| Risk Engine (RiskMetrics) | Scenario analysis and stress testing | Automated risk-run orchestration and alerting |
| CRM (Salesforce) | Client mandates and onboarding workflows | Synchronised client profiles and suitability checks |
| Regulatory Reporting (EMIR / MiFID II) | Automated trade reporting and audit trails | Compliance with zero manual interventions |
Managing complex financial system integrations?
Talk to the Prosol team about how i-Con can unify your trading, risk, and compliance systems into a cohesive, real-time operations platform.