Optimising Performance Fee Calculations: Automation for Accuracy & Efficiency

QuantSpark worked with a leading Asset Management Firm to automate performance fee calculations, helping them reduce errors, save time, and improve revenue forecasting, enhancing both efficiency and client service.

The Solution

Streamlined fee calculation through automated client performance fee processes.

1. Automated Data Ingestion: The tool automates data ingestion from multiple sources for performance fee calculations.
   
   
2. Streamlined Fee Calculation: Calculates fees and generates comprehensive reports, including discrepancies from third-party data and interim calculations to facilitate reconciliation.
   
   
3. Enhanced Fee Forecasting: Creates accurate reports for various funds, facilitating easy fee forecasting, saving time for employees, and enhancing service efficiency for clients.

Impact

• 15% Reduction in discrepancies and minimising errors in fee calculations.
• 30% Reduction in calculation time driven by automated data ingestion and calculation processes
• Improved forecasting suite to enable advanced revenue strategy.