Service Overview: Investment Manager

Insignis Portfolio Intelligence (IPI) for Investment Managers is a data management service which provides Investment Managers with timely, comprehensive and secure account information to optimize daily futures settlement activities.

The futures industry requires that all accounts be reconciled and settled daily on T+1. For investment managers who use multiple futures clearing brokers and have clients at multiple custodians, reconciliation and settlement processes can become a drain on its resources without an automated solution. Operations teams can spend as much time identifying discrepancies between the clearing brokers' statements and their internal books and records as they spend resolving those discrepancies.

IPI for Investment Managers provides direct connectivity to futures brokerage firms. A comprehensive futures product database standardizes the varied ways in which an individual broker identifies a particular contract via broker-specific product code maps as well as addressing the issues of price formatting. There are also maps to standardize the executing broker information on give-up trades. The result is a single database containing all the clearing broker data.

IPI for Investment Managers also accommodates an automated reconciliation process for managers who deliver transaction and position information to Insignis each day. That data from the Investment Manager is standardized using the same tools as are used with the clearing broker data so that reports comparing trade details, cash activity, positions, total equity summary values, and other values, can be automatically produced and ready for use first thing each morning.

IPI for Investment Managers is a hosted investment data management service that:

• Provides direct connectivity to futures brokerage firms;
• Comprehensively standardizes and consolidates U.S. and International Exchange-Traded futures and options on futures;
• Has flexibility in delivery and presentation enabling reconciliation and settlement activities to optimize operational performance and accuracy;
• Offers reports such as exception reports, variation margin summaries, and collateral excess or deficiency reports to be tailored to meet the individual Investment Managers needs.

IPI for Investment Managers offers the Investment Managers easy access to T+1 futures broker detail and summary information as reported by the clearing broker firms. This allows the Investment Manager's operations team to shift their time and efforts from the collection of information to actionable activities such as resolving discrepancies between the futures brokers' systems and the Investment Manager's internal records, and submitting wire transfer instructions to the appropriate broker or custodian.