It’s nearly 2024! Where did the time go?
It has been a good year here at FundGuard. Innovation, business development, and collaboration have defined 2023 and we’d like to start by thanking you, our dedicated readers, along with our many experts who have contributed to our blog this year. We’ve enjoyed reading the team’s valuable insights and it looks like you have too!
In that spirit, we invite you to kick back, grab a cup of hot cocoa, and get ready to reminisce on our most popular blogs of 2023.
Today, we take a look at the top five blogs ranked by number of readers since their publication. And if you missed it last week, be sure to read our Top 23 Takeaways from all of FundGuard’s 2023 blogs.
1. Smarter, Better, Faster Part 3: Multi-Book Investment Accounting
Author: Kirk Littleton, Sales Director, FundGuard
Published: April 18, 2023
Kirk Littleton’s Smarter, Better, Faster Investment Accounting series kicked off in February, spanning across three distinct articles on how to improve and digitalize investment accounting processes.
While Part 1 and Part 2 of the series covered key topics like real-time data management and the challenges of best-of-breed applications, Part 3 of the series struck a particular chord with readers in its discussion of the multi-book approach to investment accounting.
As Kirk noted:
“Rather than having to integrate and implement multiple solutions, each designed for a highly specific asset class, a multi-book solution enables your firm to streamline the entire process into a single unified system that covers both your broader ABOR and more tailored IBOR needs.”
An all-in-one, cross-enterprise, multi-book investment accounting platform not only offers your business the freedom to unify your investment accounting processes with other internal operations — it also represents the vital importance of cloud-native technology in modern investment accounting.
Where legacy systems failed to support the multi-book approach, cloud-native platforms provide the capabilities to transform the idea of multi-book into a reality.
Check out Part 1, Part 2, and Part 3 of the Smarter, Better Faster Investment Accounting series.
2. If You Build It, They Will Come
Author: Lior Yogev, CEO, FundGuard
Published: June 15, 2023
On FundGuard’s five-year anniversary, our CEO Lior Yogev took time to reflect on the origins of FundGuard.
FundGuard began as an idea on how to help the asset management industry clear the technological gap growing between it and the rest of the financial sector. Investment accounting has long been dominated by old and inflexible technology, hindering business innovation and creating an overall lack of efficiency and accuracy.
To address these challenges, the founding FundGuard team focused on improving three main aspects of investment accounting processes — transparency, effectiveness, and efficiency. What resulted was the industry’s first truly cloud-native platform for investment accounting.
Read If You Build It, They Will Come to learn more FundGuard’s origin story.
3. Ultimus & FundGuard: Delivering an Enhanced Contingent NAV Solution
Author: FundGuard & Ultimus
Published: June 28, 2023
It was our pleasure earlier this year to collaborate with Ultimus on a joint study featuring their use case for FundGuard’s Contingent NAV solution.
To summarize: Ultimus Fund Solutions – a leading provider of full-service fund administration, accounting, middle office, and investor solutions – required a partner who could enhance their fund administration service and provide a low-touch Contingent NAV solution. After careful research and review, Ultimus chose FundGuard — the industry’s first truly cloud-native, AI-powered, ultra-low-touch, and fully automated Contingent NAV solution.
Ultimus now operates a nearly no-touch Contingent NAV operating model, complete with seamless review processes that require minimal manual intervention.
Read all about the origin and results of this collaboration in the Ultimus & FundGuard Case Study.
4. Cloud Natives + Blue-Green Deployment = Next Evolution of Investment Accounting
Author: Peter Muldoon, Product Strategy Director, FundGuard
Published: February 16, 2023
As the cloud has become more widely adopted within the financial services space, so has the demand for cloud-native solutions. In turn, new methods of software development have emerged that go hand-in-hand with the efficiency of the cloud.
Blue-green deployment is a development method that utilizes two separate development environments — the blue environment that supports the active version of an application, and the green environment that runs a new version of the application to be tested and adjusted.
Together, cloud-native technology and blue-green deployment represent a more efficient and scalable future for investment accounting that allows for real-time software updates within minimal testing or resource drainage.
Discover the benefits of blue-green deployment in Cloud Natives + Blue-Green Deployment = Next Evolution of Investment Accounting.
Related reading: Dispelling the Myths About Frequent Software Updates
5. All-in-One Investment Accounting: The Case for Consolidation
Author: Kirk Littleton, Sales Director, FundGuard
Published: August 17, 2023
The riskiest choice a business can make in the face of innovation is to take no action.
To stick to outdated technologies simply because your business has “always done it this way” is to set yourself and your organization up for failure. From an investment accounting perspective, failing to adopt new technologies can deeply impact process efficiency and overall operational resilience.
Yet, a better approach to investment accounting is on the horizon for those paying attention.
Today, advancements in investment accounting technology have paved the way for businesses in the industry to establish a single source of truth. By leveraging the FundGuard platform, your firm can integrate multiple asset classes, jurisdictional requirements, and different books of record into a single, unified investment accounting system.
Read all about our modern approach to investment accounting in All-in-One Investment Accounting: The Case for Consolidation.
And there you have it, readers – our top five blogs of the year. Tune in next week for our final blog of the year, which features 2023 surprises and 2024 predictions from our blog authors and subject matter experts.