Ruth Asset Management
Fund Management
Transforming Data Aggregation
How Ruth Asset Management overcame complex data challenges during a major transformation, implementing Kidbrooke's unified platform to automate ESG and market data aggregation while enhancing compliance and client engagement.
Key Metrics
Implementation Time
6 months
Data Sources
Multiple integrated
Process Automation
Manual → API-based
Client Engagement
Significantly increased
The Challenge
Complex Requirements
Ruth Asset Management faced a significant transition period involving a merger of two organizations with different data management approaches, the launch of a new website, and the urgent need to aggregate data from multiple third-party providers. The manual processes for gathering and processing data from different institutions were cumbersome, especially with varied approaches to data handling. Additionally, evolving ESG reporting requirements demanded a quality approach to managing sustainability data, as 60% of asset managers struggle with data aggregation when launching ESG offerings. These traditionally labor-intensive and manual processes needed automation to meet strict deadlines and regulatory compliance.
The Solution
KidbrookeONE Implementation
Ruth Asset Management partnered with Kidbrooke to implement a unified API-based platform for managing, aggregating, and monitoring ESG and market data. The solution provides a single source of truth for investment product and instrument data, automating manual processes for adding, altering, and aggregating data from third-party providers. Kidbrooke's platform enriches and transforms data to offer analytics at individual product and portfolio levels, with customizable metadata and the ability to define historical portfolio weights and rebalancing strategies. The implementation was highly collaborative, with Kidbrooke demonstrating deep understanding of Ruth's specific needs and delivering all components within the required timeframe.
Implementation Journey
Step-by-Step Process
Step 1
1 of 6 steps
Fund Overview Dashboard
Show simplified views of a list of funds and highlight the most important data points. Leverage the possibility to combine your own data points with those from third-party data providers. Get up-to-date fund information by daily updates of third-party data.
The Results
Measurable Impact
1
Operational efficiency: Automation of data aggregation allowed Ruth to allocate time and resources more efficiently, shifting focus to fund management and enhancing product offerings
2
Enhanced ESG compliance: Robust daily compliance tool efficiently aggregates and processes ESG data for internal and external reporting, keeping Ruth ahead in the changing regulatory landscape
3
Consolidated data view: Unified investment product data including sustainability KPIs supports efficient reporting and empowers clients to make better-informed investment decisions
4
Improved client engagement: Ability to present more detailed and advanced fund data led to increased client interaction, feedback, and more constructive stakeholder engagement
5
Seamless data integration: Capability to combine data from multiple sources provides far more detailed and comprehensive fund views, benefiting both the organization and clients
6
Reduced manual processes: Eliminated time-consuming manual tasks and key person risk while ensuring consistent and accurate data integration across all platforms
Client Testimonials
What They Say
"Automation of data aggregation allowed Ruth Asset Management to allocate its time and resources more efficiently, shifting the company focus to fund management and enhancing its product offerings. Kidbrooke's platform reduced the need for manual tasks and ensured consistent and accurate data integration."
Ruth Asset Management Team
"Kidbrooke were very attentive to the different challenges that we had and provided us with several solutions to our problems where other analytics solutions providers were not as flexible. Throughout the process and after implementation, Kidbrooke has proven to be a dependable partner, consistently available for problem-solving and support."
Ruth Asset Management
"We would absolutely recommend Kidbrooke's solutions to other fund managers. Their platform addresses a highly complex task with an advanced infrastructure, saving us significant time and resources. What sets Kidbrooke apart is their deep understanding of the intricate financial landscape, their technical expertise, and their attentiveness as a partner."
Ruth Asset Management
Looking Forward
Ruth Asset Management's Future Vision
"
Ruth Asset Management is optimistic about continued collaboration with Kidbrooke and further enhancements to data management processes. As the ESG data landscape evolves, Ruth anticipates working closely with Kidbrooke to adapt to new requirements, ensuring they remain best positioned to meet regulatory demands and client expectations. The firm plans to explore ways to refine portfolio showcasing, automate more manual processes, and integrate new data sources. Building on the strong foundation established with Kidbrooke, there is substantial room for development in both ESG and market data aggregation, promising continued innovation and efficiency improvements for a data-driven future.
Ruth Asset Management's Vision
The future of digital financial advice
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