New York, London, Sydney - 27 February 2025
ICS is pleased to announce that Bennelong Funds Management (Bennelong), a leading Australian investment firm, has selected ICS’s ATHENA platform as their strategic investment data workflow provider. This partnership follows a successful Proof of Concept (PoC) that demonstrated the transformative impact of ATHENA in streamlining investment data operations.
With a strong reputation for delivering innovative investment solutions, Bennelong will leverage ATHENA to centralise and automate critical investment data processes.
In addition, Bennelong is looking to differentiate via new services in the industry and ATHENA will play a critical role in the enablement and running these services at scale.
Brian Ó Marnáin, Head of Investment Operations at Bennelong, stated: "At Bennelong, we are committed to innovation that delivers tangible benefits to our investment teams and clients. Following a successful Proof of Concept, it became clear that ATHENA provides a fully hosted investment data platform, which Bennelong will leverage to create a golden copy security master across all portfolios, as well as automating several of Bennelong’s key reconciliation and reporting workflows. Further, our decision to partner with the team at ICS was based on ATHENA’s ability to streamline key operational processes, reducing overall operational risk and allowing the Investment Operations team to scale efficiently as Bennelong continues to expand."
The implementation of ATHENA will empower Bennelong to:
establish a single source of truth for investment data
enhance data integration across custodian, market data vendors and other vendor platforms
automate key functions such as investment reporting, risk analytics, reconciliations, and compliance monitoring and
support future scalability and the launch of new products and services with a modern, cloud-native infrastructure.
Christian Eriksen, Chief Commercial Officer at ICS, stated:
"We are delighted to welcome Bennelong to the ICS client community. Their commitment to operational excellence aligns perfectly with our mission to provide investment firms with cutting-edge technology that delivers immediate and long-term value. This marks an exciting transformation for Bennelong, and we look forward to supporting them on this journey."
By partnering with ICS, Bennelong joins a growing number of investment firms recognising the need for modern, cloud-native solutions to manage increasingly complex data challenges. As the industry evolves, investment managers are seeking greater automation, scalability, and efficiency in their operations. This collaboration reinforces the importance of transforming investment data management to drive better insights, stronger governance, and long-term success.
Enquiries regarding this announcement should be addressed to: Christian Eriksen, Chief Commercial Officer, ICS +61 421 429 339
About Bennelong Funds Management
Bennelong Funds Management develops and distributes actively managed equity funds, offering high-grade service and investment solutions to institutions, financial advisers and direct investors.
Bennelong partners with asset managers across the globe investing in Australian and global equities, listed global infrastructure and real estate and global emerging markets.
Our parent company’s philanthropic arm, the Bennelong Foundation, aims to enhance community wellbeing and provide opportunities for positive and lasting change in the community. We support and work closely with the Foundation, particularly in our shared aim of providing opportunities for those who may experience disadvantage in a work environment.
About ICS
ICS transforms investment organisations. Through ATHENA, our cloud-native investment platform, we enable data driven decisions and portfolio driven success. With an intuitive no-code interface ATHENA offers a cost-efficient solution for modern investment data management and asset allocation. It provides unparalleled automation and scale for our clients to support them in their differentiation and growth plans.
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