Summary
Fencore provides a suite of no-code and cloud native data management platforms to power data workflows around building data masters, improving data quality, and performing reconciliations for the buy-side.
It's global team and network of partners serve to make data management easy and lower operational costs for the investment management industry.
Fencore is headquartered in Singapore and is present in all major financial markets globally.
Description of fintech solution
Fencore has three solutions. DataHub, our flagship data management platform. FenDQ, a standalone data quality engine, and FenRecon, a standalone reconciliation engine.
Fencore DataHub is a cloud-native, no-code system that makes data management easy and powerful for investment managers. Unlike other systems, it has a flexible template based, drag-and-drop approach that allows fast implementation and easy maintenance for use cases including:
1) Operational data store (e.g. security master)
2) Product master
3) Sustainability master
4) Public/private markets data consolidation
5) Investment accounting data master and reporting
6) Data warehousing
And more.
The platform is agile and capable of handling a wide variety of industry use cases, across public and private markets, all asset classes, structured and unstructured data, for asset managers, private equity firms, family offices, asset owners and fund administrators.
Describe your key innovations
We have made configuration and deployment of data management easier than ever before with our drag-and-drop interface and easy customisation. Our platform promises a 50 - 80% reduction in implementation time, and 30 - 50% overall savings in cost of ownership due to its efficient design.
Cloud-native and 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 retaining clear views over key considerations such as fund structures, data governance, and auditability.
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. He has spent over 25 years in software development, consulting and 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.
Today, as the founder and CEO of Fencore, he leads a team committed to reshaping the data management industry through innovation and solutions that make data management easy in a complex world.
He is passionate about leveraging technology to redefine the future of buy-side financial data management.
Founded (Years of Incorporation)
2019
How are you funded today?
Others
Money Raised
$1.6M
Presence In Region
America
ASEAN
Asia
Europe
Middle East
Oceania
Southeast Asia
Technology
Application Programming Interface (API)
Artificial Intelligence
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 clients in Asia, Australia, North America, Europe and the Middle East.
We have technology, consulting and operational outsourcing partnerships in Asia, Australia, India, the Middle East, 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/operational-data-store
Or download our use case documents at: https://www.fencore.co/resources
