News Column

eVestment’s New Omni Source 2.0 “Smart Click” Allows Asset Managers to Update Multiple Databases Quickly and Easily

July 7, 2014

ATLANTA--(BUSINESS WIRE)-- Winning a new institutional investment mandate can mean millions of dollars in fees to an asset manager. So ensuring timely and correct updates to as many consultant and third-party databases as possible should be seen as a crucial part of the asset raising process. Based on years of data captured by eVestment, consultant database searches often peak fairly early in the quarter and missing data means managers will fall out of those searches.

With the 2.0 release of the Omni solution featuring “Smart Click,” eVestment makes it even easier to automatically update multiple databases with just a few clicks and without requiring the asset manager to reformat all of their data first. This feature saves managers time by auto-logging into databases simultaneously and automatically populating data. The simultaneous automatic data publishing helps create more opportunities for asset managers during consultant and investor searches by ensuring more extensive and timely database updates. The new Omni technology also allows managers to see whether they are passing or failing consultant searches. Managers can now determine the reasons why they failed a search. It is no secret that managers who pass more consultant and investor searches win more mandates.

Omni Source, a cloud-based application, maps the fields used by an asset manager in their own internal reporting to the fields in Omni Source – and then uses sophisticated rules to push updates to all of the leading databases. Within seconds and with just a few clicks, data is uploaded simultaneously to the correct fields in multiple databases. The Smart Click console provides confirmation the various database updates were made successfully.

To ensure the best possible results, eVestment’s Omni staff constantly monitors industry databases to ensure any changes in fields or update requirements are captured in the Smart Click feature, ensuring successful uploads every time.

“Database exposure is an important first-step to winning mandates,” said eVestment Co-Founder & COO Matt Crisp. “Our clients told us that updating databases can be a challenging, time-consuming task that takes attention away from other strategic work, like generating investment returns. eVestment’s Omni Source 2.0 is the easiest way for asset managers to update multiple databases simultaneously, saving time on this important task and freeing up time and resources for other priorities.”

About eVestment

eVestment provides a flexible suite of easy-to-use, cloud-based solutions to help the institutional investing community identify and capitalize on global investment trends, better select and monitor investment managers and more successfully enable asset managers to market their funds worldwide. eVestment’s mission is to help make smart money smarter.



Mark Scott

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404 450 8265 (cell)

Source: eVestment

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Source: Business Wire

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