Each of your third-party vendor systems answers only one part of your portfolio- related questions
Complex spreadsheets can only take you so far, tend to be cumbersome to maintain and are slow to update as complexity and data volume grows
Proper data storage allows for improved analysis capabilities and access to data in a disaster recovery situation
MIK aggregates data from your current systems and then stores, enriches and consolidates it into valuable information that can give your firm an edge
MIK knows that each firm's investment process is unique, and we succeed in customizing the end user's view of the portfolio to this process, not forcing them into a "one-size-fits-all" view
Data needs to be shared across applications. But before any sharing can occur, cross-referencing, enrichment and data-scrubbing are essential to ensure data quality
A growing firm needs scalable solutions. Our custom solutions allow for future growth without sacrificing speed, data quality, or data availability
MIK has extensive experience in aggregating security master, transaction, position and time-series information, automating the processes to share this data across systems and in providing portfolio reporting on the data
Using Excel for data storage can lead to stale information, as Excel sheets are not always refreshed as data changes in source systems
Multiple systems can mean multiple points of entry for position, transaction, security master, pricing, f/x rates, etc. Duplicate entry can lead to mismatched data, reporting delays, inaccurate information and errors
End-of-day reconciliation processes are time-consuming and error-prone. Mistakes not caught in an EOD process have a ripple effect on next day reporting
MIK can capture, store, integrate and report on data real-time, so that the user has an up-to-the-minute view of the portfolio, with today's activity and market data included
Your firm benefits from our depth of industry experience in both the time to market and the level of sophistication of your custom solution
MIK understands hedge fund investment processes and workflows, but we also take time to analyze your investment and business processes, so that we know how you think about data
MIK doesn't try to re-invent the wheel or supplant other vendors. We know the value of the applications you use and we work with that data
MIK has experience working with most hedge fund vendors, especially those involved in order management, accounting, risk, administration, prime brokerage and market data.
May 2012 – One of the world’s largest Fund of Funds is implementing the MIK Data Warehouse interfacing with Risk Metrics to support the firm's global risk and oversight reporting requirements.
April 2012 - A large New York based proprietary trading firm has engaged MIK to implement the MIK Data Warehouse interfacing with Risk Metrics to support the firm's global risk reporting requirements.
January 2012 - MIK’s Data Warehouse and Security Master solutions have been selected by a multi-billion dollar, multi asset-class hedge fund in Los Angeles, CA for implementation to help with their fund analysis and EOD reporting