A leading global asset management firm faced growing operational inefficiencies due to outdated technology, fragmented data systems, and high maintenance costs. Portfolio managers were struggling to access accurate, real-time trading and securities data, which in turn led to delayed trade decisions and reduced profitability.

To overcome these challenges, NuWare implemented IHS Markit’s Enterprise Data Management (EDM) solution, a robust, unified platform designed to provide a single source of truth, streamline data governance, and improve decision-making across the trading ecosystem.

The engagement successfully delivered optimized trading operations, enhanced data control, and stronger compliance, empowering portfolio managers with instant access to reliable data and actionable insights.

The client’s data architecture was fragmented and outdated, with multiple data silos and redundant systems creating inconsistencies and inefficiencies.
Key Challenges Identified:

• 1. Operational Inefficiency: Complex legacy systems caused bottlenecks in trading operations, delaying time-sensitive investment decisions.
• 2. Data Fragmentation: Inconsistent data across systems led to duplication, version mismatches, and compliance risks.
• 3. Limited Visibility: Portfolio managers lacked quick access to accurate security and trading data, affecting trade timing and precision.
• 4. High Maintenance Costs: Outdated technology required extensive upkeep, draining resources and reducing business agility.

The firm required a modern data management platform that could centralize trading data, enforce governance, and reduce operational risk, all while ensuring regulatory compliance and scalability for future growth.

NuWare adopted a structured approach centered around data unification, transparency, and governance. Leveraging IHS Markit EDM, the team designed a centralized data hub to integrate multiple data streams, improve reconciliation, and automate validation.
1. Centralized Data Management

• Implemented the IHS Markit EDM platform to unify diverse data sources into a single, reliable data repository.
• Established a robust security master to ensure consistency, traceability, and easy access to trading data across departments.

2. Enhanced Data Validation and Reconciliation

• Automated data validation and reconciliation workflows to eliminate manual errors.
• Created a unified view of data from all business units, ensuring accuracy and reducing time spent on verification.

3. Smart Reporting and Ownership

• Developed a custom reporting tool that enabled complete ownership of complex data sets by internal teams.
• Empowered portfolio managers to access, analyze, and visualize real-time data insights for faster trading decisions.

4. Rapid Custom Solution Deployment

• Delivered the solution within 12 weeks, integrating tailored workflows for the client’s business environment.
• Enabled quick onboarding and minimal operational disruption during migration.

Category	Technologies / Tools
Data Management Platform -	IHS Markit EDM
Database and Integration -	SQL Server, API-based integration
Reporting Tools -	Custom-built reporting framework
Security and Compliance -	Role-based access control, audit trails

The implementation of IHS Markit EDM and NuWare’s security master architecture resulted in a transformative improvement in data management, operational efficiency, and decision-making.
1. Optimized Operations and Efficiency

• Streamlined data flow across trading, risk, and compliance teams.
• Enabled real-time access to critical trading data, improving speed and accuracy.

2. Enhanced Data Control and Transparency

• Provided a unified and secure environment for data validation, reconciliation, and reporting.
• Established full visibility into data lineage and usage.

3. Increased Regulatory Compliance

• Improved adherence to changing market regulations through structured governance and data auditability.

4. Accelerated Time to Market

• Achieved rapid implementation and integration within 12 weeks, significantly reducing time to operational readiness.

5. Empowered Business Users

• Gave portfolio managers autonomy through self-service data ownership and analytics capabilities.

Following the successful deployment, NuWare continues to collaborate with the client to:

• 1. Introduce AI and ML-based data quality monitoring for proactive anomaly detection.
• 2. Extend the EDM framework to multi-asset data management for greater scalability.
• 3. Enhance real-time analytics and visualization capabilities for decision support.

These future enhancements will further elevate the client’s data-driven investment operations, ensuring agility and compliance in a rapidly evolving financial landscape.