Summary

Fencore provides its no-code and cloud native data management platform Fencore DataHub to power data workflows for financial institutions.

It has a team and network of partners on a mission to make data management easy and lower operational costs for the financial services industry.

Description of fintech solution

Our platform Fencore DataHub is a cloud-native, no-code system that makes data management easy and powerful for financial institutions. Unlike legacy systems, it has a flexible template based approach that allows fast implementation for use cases including:

1) Product master
2) Security master
3) Sustainability master
4) Operational data store
And more.

Our software is agile and capable of handling a wide variety of industry use cases, across all asset classes, structured and unstructured data, for asset managers, private equity firms, family offices, and asset owners.

Describe your key innovations

We have made configuration and deployment of data management easier than ever before. Our platform promises a 50 - 80% reduction in implementation time, and 30 - 50% overall savings in cost of ownership due to its efficient design.

With interoperability at the forefront, Fencore DataHub can be deployed for use cases of all sizes, and can fit into any technology ecosystem.

Our focus on empowerment of knowledge workers also means that users will have control over their data and room to experiment, while remaining secure and protected from disruptions.

Solution Lifecycle

Commercialized

Founder's Background

James Crosby is the founder and CEO of Fencore, a next generation data management software company headquartered in Singapore. A UK national who grew up in Switzerland, he has spent over 20 years in software development & consulting, with over 15 years in data management for financial services.

In that time he has lived in many financial centres, including London, Zurich, Sydney & Singapore, and managed successful implementations of data management software at financial institutions, including ANZ, HSBC, Manulife, UBS, & UOB. His experiences of the dated and difficult to configure software prevalent in the industry inspired him to launch Fencore and develop a suite of cloud-native data management platforms fit for the 21st century.

Founded (Years of Incorporation)

2019

How are you funded today?

Pre-Seed

Money Raised

$900,000+

Presence In Region

America
ASEAN
Asia
Europe
Oceania
Southeast Asia

Technology

Application Programming Interface (API)
Cloud solutions
Data automation
ESG
Machine Learning
Regtech
Wealthtech

HQ Country

Singapore

What are the top 3 key benefits your solution will bring to the Asset Management Industry?

1) Powerful and flexible data management that investment managers can take on for different use cases
2) Cost and time savings for data operations
3) Outsourcing of data operations

Tell us more about your past client engagements to date and your market penetration?

We have been engaged by clients in both Southeast Asia and Europe for live deployments and POCs. We have a presence in Australia and North America. We have technology, consulting and operational outsourcing partnerships in Europe and North America.

Do you have any case studies of your solution? If yes, please share it in less than 200 words

Use case: Fund performance monitoring and reporting

1) Automated import of data from fund administrators and custodians
2) Calculation of aggregated figures at required dates
3) Data slice and dice for analysis
4) Automated report generation
5) Kanban board and alerts to stay on top of tasks

To learn more about some of our use cases, please visit: https://www.fencore.co/use-cases