At Room Zero, we believe that integrating core front, middle and back office systems to the ‘side’ (into Finance and Distribution processes) is the only way to deliver accurate Revenue and Profitability metrics.
The DNA of many years’ consulting work in this area has therefore now been distilled into our own product, Room Zero AUM.
With the right design, fund managers can meet all the needs for AUM from across the firm with a single, golden source dataset. We therefore remove double-counting in AUM.
This is a workflow tool that will calculate monthly AUM & Flow numbers for Finance and then at each period end produce those numbers for external consumption.
Room Zero AUM also links and cuts the data at the most granular level for other parts of the business, including Distribution. In this way our software becomes an asset manager solution, not just a Finance solution.
In order to explain this ground-breaking area of investment management technology, we have had to create a new but simple terminology.