New York, London, Sydney - 28 August 2024
ICS is thrilled to announce the implementation of the cloud-native ATHENA investment data platform at Loftus Peak.
Following a strong lift in funds under management over the past year, Loftus Peak is preparing for continued growth. To enable the next phase of growth and to scale the business, they have invested in ATHENA, a modern operational platform.
Within just a few months the team at Loftus Peak, in collaboration with ICS, have successfully implemented:
Centralization of data, including investment book of record (IBOR), accounting book of record (ABOR), registry, and index data.
Net Asset Value validation, including management and performance fee reconciliation
Mandate compliance
Fund return calculations with associated risk analytics
Migration of historical data to ATHENA’s data warehouse
Workflow set ups, including alerts and notifications
“ATHENA is transformative for our business”, said Gary Cullen, Chief Operating Officer at Loftus Peak. “We are already seeing significant benefits including time savings, enhanced security, data consistency and trustworthiness, seamless integration and single source of truth for reporting, and we see more benefits to come. ICS has managed to enable us as business users to take control of our investment data.”
Christian Eriksen, ICS Chief Commercial Officer, noted: “We are super excited to prove that the ATHENA solution is suitable for organizations of all sizes. Loftus Peak is a rapidly growing manager, and one that is forward thinking and innovative. I very much enjoy working with them, and am proud that we are able to support their efforts in scaling their business.”
Enquiries regarding this announcement should be addressed to: Christian Eriksen, Chief Commercial Officer, +61 421 429 339
About Loftus Peak
Loftus Peak seeks to harvest return from global share markets by focusing on understanding the change the world will go through in the next two to five years and beyond, attributing value to that change in today’s terms. Loftus Peak seek out companies that are driving, or will be the beneficiaries of, the accelerating pace of change across all industries globally. Loftus Peak construct portfolios from these companies on the basis of strict criteria at carefully determined valuations, in a process that openly acknowledges and accounts for risk.
About ICS
ICS makes your investment data worth more. Through ATHENA, our cloud-native investment data platform, we empower investment organizations to extract more value from their data. With an intuitive no-code interface and best-in-class reporting tools, ATHENA offers a cost-efficient solution for modern investment data management.
This enables our clients to increase efficiency while scaling the operations of their investment teams to support their growth plans.
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