Together with Orange IM, FundStar has drawn up and implemented a plan to optimally support Orange’s requirements for achieving operational excellence. Orange IM’s strategic approach to Performance Management and the requirements to start at the fund level were not adequately supported by software companies in the industry. After an efficient pilot with a sub-portfolio of assets, FundStar was implemented.
Thanks to this successful implementation project, Orange IM can now calculate, analyze and report its performance indicators in three simple steps, from fund through portfolio to asset level, and benchmark the results against its strategic expectations in the approved investment proposals. Orange IM has also gained insight into the contributing components such as assets, accounts, types and regions that make up the financial performance of funds and portfolios. This has resulted in a significantly improved performance planning and control cycle and has therefore improved operational excellence.