Unit pricing is a repetitive multi-stage process, carrying high operational risk and is subject to a strict compliance regime. Timely and accurate data processing within the ‘end-to-end’ workflow is fundamental to successful unit pricing operations. Investment operations face major challenges to meet delivery deadlines for accurate unit prices, especially when there are intensive controls and checking procedures needed to meet firm compliance requirements.
Inadequate automation and control at any point during the unit pricing operational workflow may cause service delivery problems and, at worst, negatively impact both existing and new business opportunities:
Lack of timely and accurate underlying market data - affects productivity by consuming valuable time spent identifying and repairing the problematic source data and re-running calculations
SS&C has supported unit pricing processing for many years as a core component of HiPortfolio, our comprehensive investment accounting and asset servicing solution. HiPortfolio has been extended to provide the opportunity for greater levels of automation, workflow and exceptions management through the unit pricing process. SS&C also offers an end-to-end Unit Pricing Optimisation service, designed to increase efficiency and accuracy in your unit pricing operation through expert analysis, documentation, planning and implementation of improvements to your unit pricing operations.
Unit Pricing Optimisation is a programme of work which adopts a collaborative approach between SS&C HiPortfolio & Anova (SS&C),
the unit pricing teams and the supporting investment operations. By analysing the existing end-to-end unit pricing process, SS&C’s unit pricing expertise can be leveraged from both a systems and a business perspective to deliver a holistic review of infrastructure and processes. The process review is conducted in conjunction with business operational units, project teams and IT departments, with three phases of work:
Phase 1 - Structural, operational and detailed process review to gain a clear understanding of the systems environment,
workflow, infrastructure, resources and team structure. An ‘analysis framework’ is applied across the end- to-end unit
pricing process, targeting the business challenges, pain points and bottlenecks.
Phase 2 - Fully documented and substantiated proposals are delivered with the aim of streamlining current processes,
introducing processing efficiencies and enhancing operational controls. The resulting model will be designed to service the
current business requirements whilst providing capacity for future growth projections.
Phase 3 - Project planning and professional services engagement is undertaken to implement the agreed solutions
in partnership with the relevant business and operational departments.
Further information regarding our unit pricing solution capability, thought leadership and operational review expertise is available below.
For further details, please contact your Client Relationship Manager directly, log your request through the IMS Client Centre or email firstname.lastname@example.org