CLOUD SOLUTIONS
ICD LAUNCHES AI PORTFOLIO ANALYTICS SOLUTION FOR CORPORATE TREASURY INVESTMENT REPORTING
Corporate treasury professionals who struggle to get a comprehensive view of their entire investment portfolio will now be able to automate the otherwise time-consuming process with a new , AI-driven cloud investment reporting solution , ICD Portfolio Analytics . ICD Portfolio Analytics comes at a time of heightened awareness of counterparty credit risk following the banking turmoil triggered by the failure of Silicon Valley Bank ( SVB ) earlier this year .
“ ICD Portfolio Analytics incorporates our underlying fund holdings with other investment positions , making it possible to see our true exposures across all of our investments ,” says Indivior Treasurer , Bill Lundeen . “ This is invaluable given the heightened focus on exposures due to the 2023 bank failures .”
In February , 86 % of clients responding to ICD ’ s annual survey said they were concerned about counterparty credit risk . Following SVB , 69 % of corporate members surveyed by treasury peer group firm NeuGroup said they were considering enhancing or changing their approach to managing counterparty credit risk . entire investment portfolio . Investments may include bank balances and deposits , internally managed investments , separately managed accounts and underlying money market fund and bond fund holdings .
The solution ’ s proprietary process automatically ingests data from reporting sources such as custodians , asset managers , ERPs , treasury management systems , banks and other data sources , which come into the organisation in different file formats . Using Machine Learning , the solution aggregates and harmonises the data and stores it in a normalised database for analysis and reporting .
In addition to providing institutional investors with counterparty , country , sector , ratings and maturity exposure information at their fingertips , the data set ’ s comprehensive nature enables investors to ensure their portfolio is within their company ’ s compliance rules and investment guidelines .
ICD Portfolio Analytics builds on ICD ’ s 20- year history of co-innovating with clients to solve the investment-related challenges faced by treasury organisations . �
“ We ’ re solving real problems for organisations that are spending precious resources on low-value work ,” says Zachary Brown , ICD ’ s Executive Vice President of Investment Reporting . “ Currently , organisations are struggling to consolidate and normalise holdings information using spreadsheets and home-grown tools . Their manual process often results in incomplete and delayed views of their investment portfolios , which in turn hampers decision-making and masks compliance violations and exposures .”
ICD Portfolio Analytics creates a single data set of all positions across an organisation ’ s
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