Hi all,
Management Information System reports aim at helping company stakeholders get an overview of the business “weather”. Information presented in these reports is key to tracking progress, making strategic decisions, and motivating the troops.
When management reports become speed bumps
In essence, management reports are meant to increase productivity, but these can quickly turn into speed bumps. To deliver such reports, some companies have adopted slow and manual processes. A frequent case is a heavy dependence on the IT department or external consultants. The manual export and preparation of reports with spreadsheets is another classic practice. Such approaches turn this insightful exercise into an administrative hurdle.
This is a common challenge for general Enterprise Resource Planning (ERP) systems, but structured product solutions are no exception. Reports on such products involve some mixture of simple aggregations and complex quantitative metrics. Product diversity in the structured investment space adds more difficulty to the management reporting exercise.
LexiFi has been helping its clients reduce manual tasks, optimize reporting processes, and focus on delivering results. Brokers, asset managers, and private banks are using LexiFi Apropos to report profits and other KPIs to upper management.
Here are some excerpts on the topic from our client stories:
- Kepler Cheuvreux Solutions: “Kepler Cheuvreux Solutions’ teams from all different departments work with a centralized solution where documents, reports, and pricing operations are quickly generated and easily automated. Reports dedicated to Kepler’s upper management are now generated using LexiFi Apropos, thus, reducing administrative tasks.”
- Deutsche Bank: “LexiFi reporting tools consist of fully customizable tables with access to all information and quantitative functionalities available in the software’s database. For example, Deutsche Bank upper management reporting became an easier task thanks to the possibility to aggregate data across different departments in several regions.”
- Lombard Odier: “LexiFi Apropos provides a single source of data and services for structured products. Users can generate, access, and compute any type of contract or portfolio information, from simple identification data to complex quantitative information.”
Our solution: an integrated single source of truth
In fast-paced and volatile markets, clients need a holistic view of the business and timely access to different aggregated views (by product types, portfolios, teams, regions, etc.). What convinced our clients to use the LexiFi Apropos for management reports is the solution’s integrated nature. Our reporting tool gives access to nearly all the features, metrics, and aggregation capabilities of the application. Data is accessible in real-time to support investment and strategic decision-making.
Management report example presenting turnover and profit by teams and product types. This example is for illustrative purposes only.
Custom: code-free and flexible views
Users’ autonomy and independence are at the heart of LexiFi’s value proposition and development approach. LexiFi’s reporting tools were designed to let clients easily retrieve any information in the application. We call these “reporting views” or “grid views” for a reason: they let users create different views, by contract, by trade, by book, and by party basis, or a combination of those, and make different computations directly within those views.
Clearly defined workflows
LexiFi Apropos allows defining read-only and semi-read-only properties of the objects in the database. Users can easily specify data visibility restrictions (administrator, editor, reader, etc.) based on different user-defined roles (sales profiles, risk management, client, etc.). This feature allows defining editors and readers of management reports and ensures data confidentiality in the application.
| What we're reading |  |
Management reporting in capital markets: A German tradition going global and regulated Letter: Banks need quality data to combat sanctions scrutiny: | |
| What we're watching |  |
Press Briefing: Global Financial Stability Report (GFSR) | October 2022 
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| Related client stories |  |
KEPLER CHEVREUX SOLUTIONS: LEXIFI APROPOS IS REALLY THE CROSSROAD FOR ALL OUR TEAMS DEUTSCHE BANK: DELIGHTED WITH THE NEW POSSIBILITIES THAT THE SOLUTION HAS BROUGHT LOMBARD ODIER: LEXIFI APROPOS HAS BECOME A KEY ASSET UNDERPINNING THE BANK’S STRATEGY OF PURSUING CLIENT SATISFACTION |
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| Features in focus |  |
Dashboard Grid Reporting |