Upgrades and Access to New Functionality
The world changes quickly – and so should software. Frequent access to new functionality is invaluable, allowing you to respond swiftly to new opportunities and regulations. You benefit from increased middle office operations efficiency as we roll out improvements. At the same time – adding new functionality and upgrading your system should not be a burden.
With Limina, as a true Software-as-a-Service (SaaS) offering, you get access to new versions frequently, and we manage the upgrades for you. This approach to upgrades of the Investment Platform minimises the operational risk while allowing you to reap the benefits of continuous improvements.
Enterprise SaaS is Flexible and Fits Around Your Upgrade Requirements
Limina is what we call an Enterprise SaaS cloud-native solution for Asset Managers. The word "cloud-native" means the solution has always been in the cloud; consequently, there is nothing to host. No physical or virtual servers. No major regression testing projects.
The second important word in "cloud-native Enterprise SaaS" is "enterprise". An enterprise solution is built for the governance requirements of an established Asset Manager. For example, it might not be suitable for you to upgrade the system at specific dates, or you might have rigour around any change, making a "it upgrades every week" process unfeasible. We solve this by offering a set menu of options.
Limina fully manages all version upgrades. Each new version goes through the same robust staging process; extensive automated regression tests and manual quality assurance of new functionality by the Limina product team. With upgrades managed by us, you can focus on investment returns.
As a client, you can access new versions in a separate pre-production (stage) environment before its scheduled production release if you wish to.
Flexible Release Cycles
We have experienced the problems of extended software release cycles ourselves. At the same time, most cloud systems enforce frequent upgrades (e.g. weekly) that might not be possible for Asset Managers with strict change management policies.
Limina uniquely offers an enterprise SaaS release cycle. We don't enforce version upgrades on the same schedule to all our clients. At the same time, you get the benefits of a SaaS, such as one code base (i.e. no expensive and error-prone custom code). We offer a standard release cycle and have alternatives if you need a longer upgrade cycle.
This Enterprise release cycle model manifests Limina's belief that modern investment technology solutions should fit the client, not vice versa.
A quote from one of our clients, reflecting on life before Limina:
We were running one of the established hosted solutions and had challenges. The software was very complex since it had grown over a long time, which made it difficult to onboard new team members, and some portfolio managers even retreated to spreadsheets in the end. Change management was another challenge; we had to rely on external consultants to perform upgrade projects and implement new functionality. This resulted in a high total cost of ownership and slow delivery of enhancements, ultimately impairing our ability to provide the best return for our investors.
CEO, $8bn Asset Manager
We started our mission in 2014 with a blank canvas and a set of principles that we believe are critical for how an Investment Management System (IMS) should be built and delivered:
We believe an IMS should enable change by connecting to any 3rd party system or service provider. If you want to launch new funds or change your operating model, an open IMS should make that faster and more cost-efficient.
Trusting the data in the system is essential for Front Office decisions and governance in operational processes. Your team shouldn’t have to spend valuable time tracking down potential issues; the system should find and flag them automatically.
SUPPORTED BY PEERS
We believe the best customer support for Asset Managers comes when the team you work with have experience in Investment Management. Dedicated team members from the industry learn your business and can assist you most effectively.
FRONT-TO-MID & CROSS-ASSET
An IMS should be cross-asset and cover workflows from start to finish without jumping between systems. This increases productivity, allows superior oversight, and enables operational controls.