Setting Up Data Integration For Asset Management Firms

Having a centralized data repository (CDR) fitted with a data quality business rules engine sets asset management firms on the path to better data management. The next step is to integrate the data between the source and target systems via the CDR. This step would result in time and money savings, reduction in user tickets and faster issue resolution (if any). For asset management firms, the source and target systems primarily include the:

Third-party data feeds
Order management system
Customer relationship management (CRM) system
Accounting system
Compliance solutions
Reporting systems

The integration phase involves pointing the source systems to the CDR and enabling the target systems to only receive data from the CDR. The integration can be uni-directional or bi-directional, depending on your needs. This requires detailed analysis of the source and target systems, and the data formats of the CDR and target systems.

The data integration is then automated as scheduled Extract, Transform and Load (ETL) jobs. Once automated, human intervention will be minimally required, generally only for maintenance or to address user tickets. Automated job monitoring, alerts & notifications, and audit logs will ensure faster traceability and issue resolution. See infographic of the data integration setup for asset management firms >> We have reusable and plug-and-play SQL Server Integration Services (SSIS) templates for:

Integrating data from/to several source/target systems
Job monitoring
Job status notifications & alerts
Audit logs
Traceability

With UBTI’s customizable templates, integrating your firm’s data will be faster and easier than ever.