LUSID, which stands for ‘Liberated Unified Secure Investment Data-machine’, is a new cloud-based asset management platform which will replace existing in-house software and hardware.
LUSID will dramatically cut operational and capital costs, modernise capability and liberate managers from infrastructure worries to concentrate on their core competency - asset management.
LUSID was built to become a market utility. Just as no business would think of installing its own water supply, nor should fund managers endure the pain and huge expense of installing, updating, staffing and worrying about systems for recording and accessing investment data. These are non-differentiating activities and their costs will be mutualised by LUSID, using the very latest technology and security protocols.
LUSID’s game-changing modernising benefits which no other contemporary system can claim, meet the needs of today’s portfolio complexity.