The Family Office Sherpa Building The Investment Reporting Infrastructure
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Jun 21, 2024 Explore the critical challenges family offices face in investment reporting. Discover the importance of a robust operational infrastructure, including non-custodial reporting and technology solutions. Learn how exposure management, performance measurement, and risk management play pivotal roles in overcoming these hurdles. Gain insights into streamlining reporting processes and enhancing overall investment strategy.
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Client Pain Points
- When Shaun Parkin started Hall Road, clients' biggest pain point was reporting.
- They struggled to aggregate, automate, and analyze investment data from various sources.
Key Reporting Needs
- Family offices have three main reporting needs: exposure management, performance measurement, and risk management.
- Understanding these needs helps build a robust reporting infrastructure.
Excel's Drawbacks
- Many family offices start with Excel for reporting due to its ease of use and customizability.
- However, this approach creates key-person risk and data integrity issues.