ABOUT US NEWS & EVENTS CLIENT CENTRE DST IN AFRICA CONTACT US YOUR CHALLENGES YOUR INDUSTRY OUR SOLUTIONS & SERVICES KNOWLEDGE BLOGS Home Your Challenges The Unit Pricing Challenge Twitter LinkedIn YouTube Google Plus Contact Us Print INVESTMENT MANAGEMENT SOLUTIONS Asset Servicing Investment and Fund Accounting Unit Pricing Automation Corporate Actions Automation Trade Confirmation and Settlement Anova: Investment Data Management & Analytics Data Aggregation Post-Trade Compliance IBOR Performance Measurement & Attribution Equity Attribution Fixed Income Attribution GIPS Composites APRA Reporting Professional Services Training Services Support Services The Unit Pricing Challenge 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. Impacts of Inadequate Unit Pricing Operation 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 Slow unit price production – too much time spent calculating unit prices reduces the time available for quality checking Failure to meet service level agreements (SLAs) – late unit price delivery has a knock-on effect to the operations of downstream clients and failure to meet SLAs impacts market reputation Increased operational costs – unless supported by an automated unit pricing workflow, headcount levels to service the unit pricing operation can be high. In addition to high IT overheads, significant manual intervention increases potential for errors which may result in financial penalties if compliance targets/SLA deadlines are missed. Inability to scale – it is imperative to have the flexibility to easily scale unit pricing operations up and down in response to significant movement in transaction volumes. Additionally, operations need to be able to scale to add new clients or funds seamlessly. How can DST help? DST 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 exception management through the unit pricing process. DST 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. Learn More? • Read more about HiPortfolio’s unit pricing capabilities • Read a case study on Unit Pricing Operations • Read Executive Briefing “The Unit Pricing Challenge” • Watch video “Goal-State Unit Pricing and the Need for Continual Operational Improvement” • Watch video “The Industry Challenges of Unit Pricing Optimisation” RELATED LINKS Sitemap Disclaimer STAY CONNECTED Twitter LinkedIn YouTube Google Plus SITE LINKS © 2014 DST Global Solutions. All Rights Reserved. RELATED SITES