3rd Generation Cash and Position Management Software

At the heart of Limina IMS is a powerful Investment Book of Record (IBOR), one of only two solutions that adhere to the 2014 Global IBOR Standard. As former investment managers, we appreciate transparency. Hence, we back our statements with facts, so here is a template IBOR checklist with capabilities and a transparent comparison to Limina’s IBOR.

With multi-asset and live-extract capabilities, Limina’s IBOR empowers your investment team with complete and accurate portfolio views suitable for the wide range of use cases spanning the Front and Middle Office.

The Best Positions and Cash Management

A clear real-time portfolio view is of fundamental importance regardless of your investment strategy.

Specifically, without an accurate, forward-looking view of cash, firms may be forced to keep cash buffers to protect themselves against overdrafts.

In today’s reality of ever-increasing fee pressure, every basis point counts – so don’t lose out on valuable performance from not being able to be fully invested.

The Investment Book of Records also enables position and cash forecasting and simulations. The real-time position management capabilities are available out-of-the-box and, without reliance on batch processes or externally maintained Investment Book of Record solutions.

While there are no solutions in the market today that fully deliver the vision outlined by the IBOR Standards Working Group, Limina's platform already satisfies many of the key requirements defined in the standard and offers live extract capabilities within a modern and impressive architecture. Limina are committed to extend their IBOR capabilities over time, and, to date, have delivered to their commitments.

Ian Hunt

Co-author of the IBOR Standards Working Group paper

IBOR as part of an IMS

Despite these apparent benefits, we have seen two factors holding back the mass adoption of standalone IBORs:

Without combining an IBOR with functional capabilities, the business case is not as obvious, and hence, many have opted not to start projects in the first place
For many investment managers who have embarked on IBOR initiatives, it has proven difficult to reach the expected ROI due to implementations being complex, costly, and insufficiently integrated into the core workflows of the firm.

Limina Investment Manager Software addresses both challenges with its IBOR natively integrated into the core workflows of the Front and Middle Office operations. This integration is made possible through the platform being designed from the ground up as a service-based architecture with an IBOR at the heart that powers the workflows in trade order management, portfolio tracking, investment compliance monitoring and more, rather than these being separate products.

By having just one Front-to-Middle office solution, many common issues are eliminated, such as:

mapping of instrument definitions
reconciliation of quotes and valuation policies
expensive bespoke integrations

And for connectivity to other systems and service providers, Limina offer managed connections and a unique integration builder, that business users can use to set up new integrations in minutes. Follow the link for a video on how it works.

Principles

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:

OPEN

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.

EXCEPTION-BASED

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.

HOLISTIC & 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.