Client Overview
A leading global financial institution, offering a broad spectrum of banking and investment services, sought to modernize its private equity fund validation process- aiming for faster turnaround, fewer errors, and scalable operations.
Problem Statement
The client’s legacy validation process created multiple inefficiencies:
- Source files were inconsistently formatted, hindering automation.
- Manual validation was required due to missing driver reports for specific fund families.
- Final source folders were often delayed, disrupting timelines.
- Existing macros lacked key validation rules, requiring time-intensive manual checks.
These issues not only slowed down operations but also increased the risk of escalation and reporting delays.
Solution Provided
Decimal Point Analytics deployed a structured automation strategy powered by Data Process Automation and intelligent validation frameworks:
- Built a unified macro capable of processing all three key report types, ensuring consistency and eliminating redundancies.
- Introduced a detailed checklist-driven validation workflow to improve accuracy and reduce manual oversight.
- Conducted working sessions with fund controllers to capture fund-specific nuances, aligning process logic with real-world requirements.
- Ensured timely readiness of validation folders, preventing bottlenecks and enhancing downstream efficiency.
Outcome
- DPA was entrusted with complete fund family validation in the following quarter.
- Significant reduction in error escalations improved reporting speed and reliability.
- Achieved a 50% reduction in processing time, accelerating private equity operations without increasing headcount.
Key Takeaways
Automating complex validation workflows using macro-driven logic and intelligent data integration not only boosts accuracy but also enables scalable, low-risk operations for fund management teams.
If manual fund validation is slowing your team down, it's time to reimagine your process.
Connect with our experts to explore automation-driven solutions tailored for private equity and investment operations.
