Investec achieved a 32% return on implementing an automated research platform from Squirro which generates insights from real-time data

Summary:

Asset management firm Investec has implemented Squirro's Augmented Intelligence solution to consolidate different data sources and generate automatic reports on relevant topics, saving research time.

Problem:

Premium data sources are an essential tool for asset managers to keep up to date with institutional and individual clients, and the fast-moving markets in which they operate. Often, asset management firms will subscribe to a number of premium data sources to ensure their client relationship teams have access to the latest news and information that could influence their clients’ portfolios.

Whilst Investec Asset Management had subscribed to premium data services like FINsearches, one of the industry’s leading proprietary data resources, they still struggled to effectively use this information. A key reason for this was that the data resided outside of their core Salesforce CRM system, the information touchstone for managers to access important client data thereby resulting in out of context information.