New Delhi, March 23: Fund Managers are constantly faced with the arduous task of getting better insights from their portfolios, identify performance drivers, analyze and mitigate risks, enhance their decision making capabilities and achieve a superior portfolio performance. Miles Software has built a solution to help them do just that with relative ease. Built on SQL Server 2014, the solution helps fund managers to gain deep insights by integrating data sources from the cloud and on premise systems. It helps them perform a comprehensive analysis of data to gauge portfolio performance and analyze risk around each portfolio. By enabling easy and accurate measurement of portfolio risk and return, MoneyWare helps fund managers increase sales and Assets Under Management (AUM), improve client service, create timely reports, meet regulations and reduce costs.
While the Portfolio Risk and Performance Analytics solution, has recently been launched in India, leading financial institutions across the globe are already implementing this solution.
Milan Ganatra, CEO, Miles Software said, “The increased need to understand, measure, manage, and report risk is a major imperative to drive growth in the financial investment segment. We have been working closely with financial institutions across the globe and are constantly working towards enhancing our product value proposition. This helps provide a differentiated value to our customers with our technology. MoneyWare Portfolio Risk and performance Analytics is a need-of-the-hour solution and with Microsoft, we have successfully integrated it not just with our existing platform but also made it available as a service on the cloud.”
Srikanth Karnakota, Director, Cloud and Enterprise Business, Microsoft India said, “With SQL Server we are enabling customers of Miles Software have real time analytics by combining the power of Cloud with on premise data integration. Power BI service on Azure and SQL Analytics is the way forward for customers to turn data into meaningful and powerful insights. I am happy that Miles software is truly leveraging the best of Microsoft platform to keep providing differentiated value to their customers.”
Microsoft SQL Server 2014 enables customers to build mission-critical applications and Big Data solutions using high-performance, in-memory technology across data warehousing, business intelligence and analytics workloads without having to buy expensive add-ons or high-end appliances. SQL Server 2014 uses a common set of tools to deploy and manage databases both on-premises and in the cloud, which makes it easier for customers to take advantage of the cloud with existing skills.
About Microsoft India
Founded in 1975, Microsoft (Nasdaq“MSFT”) is the worldwide leader in software, services, devices and solutions that help people and businesses realize their full potential. Microsoft set up its India operations in 1990. Today, Microsoft entities in India have over 6,500 employees, engaged in sales and marketing, research and development and customer services and support, across nine Indian cities – Ahmedabad, Bangalore, Chennai, Delhi NCR, Hyderabad, Kochi, Kolkata, Mumbai and Pune. Microsoft is committed to touching and transforming lives and businesses in India through technology.
About Miles Software
Founded in 1999, Miles is a leading provider of technology solutions to Wealth and Asset Management firms across the world.
Miles is headquartered in Mumbai, India and has offices in UAE. We cater to the needs of over 300 global customers across leading financial institutions in India, Asia Pacific, Middle East, Africa and Europe.
The company has a diverse clientele which includes private banking institutions, asset management companies, brokerage firms, wealth advisors, financial institutions and family offices. Their deep understanding of financial services business, extensive domain expertise and experience in managing scalable implementations of large and small scale enterprises has enabled us to build long-lasting relationships with our customers and provide significant value to their business.
MoneyWare™, the flagship product offers robust functionality and scalable and integrated solutions enabling organizations to accelerate business performance.