Create the standard and hub for digital contracts in investment management
Data and technology are at the heart of investment management. Straight-through-processing connecting trade modelling, compliance, execution and settlement is the industry best practice. In a competitive investment management landscape, customer experience, from onboarding to reporting, is also becoming increasingly important. In that context firms seek to provide their customers with a digital experience they are accustomed to as consumers. Yet in this age of increased system integration and digitalisation, the execution of investment management agreements (IMAs) still relies on an archaic paradigm based on WordⓇ and PDF documents.
Solving a problem through true digitalisation
IMAs are a cornerstone of the onboarding and life cycle of any investment management mandate. Beyond their legal nature, they are the golden source of the rules and benchmark data. The consequences of an outdated documentation process are wide ranging from user frustration to reputational risk and direct financial loss as a result of errors. Integrity is hard to enforce resulting in cumbersome version control, stakeholder validation and delays. Data integration is restricted, with the IMA content needing to be manually coded in fund management, compliance and trading systems. This results in operational risk and poor customer experience.
The execution of investment management agreements (IMAs) still relies on an archaic paradigm based on WordⓇ and PDF documents
Our mission at neosigna is to transform contracting and to build a hub for the investment management industry.
Neosigna brings everything you can expect from a groundbreaking digital CLM. Centralised and secure cloud-based storage with fast and intuitive search features, cutting edge workflow management built around your organisation and electronic signature with 2-factor authentication.
But what sets neosigna apart is that it has been designed by investment professionals and digital technology experts. It is not a plugin for WordⓇ and PDF. Instead it is a purpose-built digital format designed to capture and manipulate the complex data content of your IMAs.
Working with you
We know that the conduct of change, as well as budgeting, is a very important consideration for your business. This is why everything at neosigna has been designed to make this easy - from our intuitive interface to our zero commitment approach. Get in touch with us, we can’t wait to show you what neosigna can do for your business.
There are probably several reasons for the current state of play. One is legacy. The same way ExcelⓇ has been used extensively in fund management applications, text processors have been a natural place to start when it comes to legal contracts. Another is that traditional Contract Lifecycle Management (CLM) software have failed to deliver operational gains for investment managers, failing to deal with complex, bespoke contracts and the need for system integration.
Traditional Contract Lifecycle Management (CLM) software have failed to deliver operational gains for investment managers