Unity can support a range of managed investment products, including mutual funds, funds of funds, collective funds, variable products, separate accounts, hedge funds and other alternative investments.
Unity products are available as stand-alone solutions or as part of packages. Unity is built on a single unified database that enables fund administrators to verify data accuracy, store the information and then reuse it for multiple purposes. The unified Unity platform consists of products like Unite Pricing, Unity Performance, Unity Benchmarks and Unity Holdings, etc.
Kirk Botula, senior vice president and COO of Confluence, said: Investment management companies invest millions in IT infrastructure, but their back offices still rely on multiple manual processes and spreadsheets, which are unnecessarily time-consuming and error-prone. Given the unprecedented demands of investors and regulators for more frequent and complex delivery of information, the status quo is no longer an option.
