BALLAST EQUITY MANAGEMENT is a successful investment management firm with more than 20 years of investing experience. Their mission is to help clients reach their long-term financial goals through investment in high-quality small and mid-cap value stocks.
BACKGROUND: There is a specific need in the industry to manage order flow around small and mid-cap strategies to avoid significant performance impact and achieve best execution. Ballast was eager to partner with a cloud-based service that also had the ability to handle a multi-custodial and multi-broker model, accommodate institutional-grade accounts and streamline their rebalancing process.
SOLUTION: Co-Pilot OMS and Portfolio Management tools.
COO,Ballast Equity Management
AUM GROWTH IN IN 12 MONTHS
NEW BROKERS/CUSTODIANS ADDED TO PLATFORM
ANNUAL SAVINGS OF OVERALL IT BUDGET
In order to develop investment management technology that addresses genuine marketplace needs, FlyerFT works closely with clients throughout the product development process. As an agnostic platform, Co-Pilot not only integrates with many portfolio accounting and reporting systems, but also delivers vital multi-custodian and broker integrations. Not all brokers and custodians are made equally – they have varying strengths and weaknesses, price structures, and services.
Choosing a best-inbreed for required features remains paramount for asset managers in order to continuously meet their clients needs and expectations.
Ballast turned to FlyerFT’s expertise to quickly add new brokers and custodians to the platform. Ballast was thrilled that the FlyerFT service team was incredibly responsive and able to execute on their immediate product requests. Since implementing Co-Pilot, Ballast has become significantly more scalable. Had they not invested in upgrading their technology stack, they would not have closed their first institutional accounts.
Ballast saw the following impact to their business:
COO, Ballast Equity Management