...no excuses, highly skilled, experienced, agile. The business is focused on the complex demands of the fund management industry and offers comprehensive and robust solutions to pressing industry issues, both globally and locally.
industry issues
Global industry in crisis
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Control failures (Enron, Joint Municipal Pension Fund) cost investors billions;
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Global attention on governance and compliance targets trustees and key executives with accountability;
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Existing IT systems and infrastructure hard pressed to cope with ongoing development in financial markets and the intricacies of new exotic instruments;
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Managers are increasingly forced to employ disjointed, hybrid solutions, with risky (manual) integration and reconciliation processes;
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Administrative workload strained by new statute and regulation; and
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Investor activism grows – driving fees down, forcing competitive service levels, and increasingly demanding transparency and real-time information.
… and at home
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Major revamp of retirement and fund management industry;
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Only 30% of the 13,400 local pension funds have sustainable critical mass, fee structures and administration costs erode investment performance of the balance;
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Meaningful rationalization of fund numbers is inevitable
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Pension fund regulations being re-written with an emphasis on mandate and investment strategy; and
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Ancillary regulations (FICA) pose an enormous challenge to all funds and service providers.
some objectivitii, at last.
A young and innovative software solutions company with extensive domain experience in the complex and sophisticated market. Our lateral skills-set and agility bring a valuable edge to the technology offering and enable our client-partners to fully embrace their market opportunities.
objectivitii's flexibility and versatility allows us the latitude to deploy the technology directly or through an ASP or hybrid model. "White labelling" opportunities are plentiful, and rental packages are available, on a month-by-month basis. Development and support services are both primed out of Johannesburg, South Africa, but our channel network offers hands-on assistance to clients throughout Africa.
The technology itself is complete, robust, and comprehensive. A product born of the demanding and exact market it serves, and layered with the input and intellect of some of South Africa's finest investment management and treasury expertise. Despite vast potential identified off shore, as a truly South African business, our roots will always be here. We are active in concluding a strategic investment relationship with a dynamic, black-owned financial services and technology company and will grow our international reach from our home base. Our obsession and guiding parameters hinge on governance, and compliance. We have a rich understanding of existing statute and are active participants in the National Treasury’s efforts to reform the industry.
key skill areas
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compliance audit
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mandate structure
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controls
investment process
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investment methodology: evaluation & assessment
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process audit
industry affairs
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statute & regulation
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stakeholder opinion
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institutions & organs of state
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complex & exotic transactions
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bespoke development
trading
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authentication & permissioning
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order generation
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execution, settlement & reporting workflow
research
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investment research workflow
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internal assessment procedures
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research performance measurement
partnering for success
Objectivitii's outlook is flexible and lateral. We have identified a number of areas where our technology can catalyse meaningful business opportunities and we are active in seeking partners to take these, each, to market. Among the opportunities:
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ASP / Hosted deployment of the entire Objectivitii platform;
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Web services;
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Compliance / mandate control (& audit) services for both corporate and fund management clients;
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Implementation; training and support services;
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Retail fund management;
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Administrative, unitization and valuation services;
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Multi-portfolio consolidation;
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Professional trustee services; and
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Trustee training.
Moreover, there are specific opportunities for white labelling the technology, and for prime broking and other service offerings.
