This week, Cutter Associates - a research, consulting and benchmarking firm supporting the investment management industry - successfully completed the launch of their benchmarking service based on capability models, with the publication of The Data Management Capability Report. The detailed report reflects the actual operational status of 41 participating firms, each measured against a vetted and proven capability model which demonstrates exactly where they stand in relation to their peers and best practice. It identifies areas for process improvement, supports cost and risk reduction activities, and helps facilitate more targeted and effective decisions around optimizing operational performance.
CutterBenchmarking now undertakes a highly customized executive-level study for member firms and produces truly individual and member-centered reports. "Our approach is clear and direct and creates a common understanding of a specific business area's operational and technological complexities" says Eryn Kelley, Director of CutterBenchmarking.
The Cutter Associates Capability Models™ have been developed for all major operational and IT functions critical to investment management firms and measure key factors that determine capability levels, ranging from reactive to optimized. These models are created in close partnership with the participating members and by harnessing the expertise of Cutter Associates' three interrelated services - CutterResearch™, CutterBenchmarking™ and CutterConsulting™. The wealth of knowledge derived from these services is the largest in the industry and provides unparalleled insight and market knowledge.
By using the custom analysis and detailed recommendations in The Data Management Capability Report, firms can build on their strengths and engage stakeholders to implement strategies that deliver results, improve profitability, increase efficiency and enhance investment processing.
"The amount of work that goes into creating a report for a firm is substantial, but clients have been very appreciative - hard facts are among the great drivers of success", said Eryn Kelley.
