While the term IBOR has a relatively short history, the concept of an investment book of record (IBOR) has been around for quite some time. Historically all sorts of solutions, manual and otherwise, have been designed to give investment managers real-time visibility to improve decision-making.
The term “real-time” is arguably a main driver behind why an IBOR is so essential. Aggregating position data in a timely fashion has often been hindered by the need to pull data from multiple, separate platforms. Enter the IBOR – the reason this labor doesn’t have to be a manually grueling, time-consuming task. The IBOR automatically centralizes a firm’s holdings data, processes trades, and spits out updated reports in real time.
It’s a single version of truth, the gospel, the manifesto. Whatever way you want to think about it, an IBOR is a holistic view of your day.
Martin Engdal recently showed his IBOR chops in a Waters Technology Special Report. Our Director of Market Strategies and Solutions Marketing had some vital points to share in this Q&A . I encourage you to check it out if you’ve been debating the business advantages offered by an IBOR platform.
Since joining Advent earlier this year, Kendall has leveraged her passion for writing along with her background working with enterprise cloud technologies to strengthen Advent’s external communications.