News

Management and automated implementation of contractual fund specifications

With the introduction of the Averroes FundDesigner® LBBW Asset Management Investmentgesellschaft mbH has set a milestone in the management of investment / risk management guidelines and performance measurement specifications.

In the joint project with Averroes Concept Lounge GmbH the requirements regarding budget and time were met. Onboarding of new or changed funds got reorganised.

Major results are increased process transparency, reduction of operational risks and automated implementation of fund specifications into operative AM systems.

In addition fund specification standards got refined and implemented into FundDesigner®. Investment guidelines may now be addressed more precisely. Common BVI standard contract types got implemented into FundDesigner®.

Quote: Roland Wahl - Head of Middle-Office LBBW AM
“With the introduction of the FundDesigner® our expectations regarding the system were fully met. The cooperation within the project was highly solution- and client-oriented.”


LBBW Asset Management Investmentgesellschaft mbH
LBBW Asset Management Investmentgesellschaft mbH is a wholly-owned subsidiary of Landesbank Baden-Württemberg and hold the central responsibility for the asset management within the LBBW group. With a volume of about 61 billion Euro assets under management and about 35 billion Euro assets under administration we rank among Germany’s important asset managers.

Our major business areas are the management of
- Institutional Funds
- Direct Investments (Insurance, Pensions)
- Retail Funds for private and institutional investors

Averroes Concept Lounge GmbH
Averroes Concept Lounge GmbH implements transparent and efficient processes for asset managers and equity research units. We have been working as an independent consultancy firm of economists and IT experts since 2001. We consult asset management companies asset managers, custodian banks / global custodians, insourcing and outsourcing companies, sell-side and buy-side analysts and software manufacturers.

Jan 21, 2016