Taking the pain out of investment fund selection through a clever request for proposal (RFP) tool
Requests for proposal (RFPs) have often been a painful process in the fund industry.
RFPs are formal documents used by a request issuer to solicit proposals from qualified providers as part of a structured selection process to perform investment management or other services.
Distributors have faced multiple challenges conducting assessments of available investment funds within a specific investment strategy. Historically, distributors have needed to connect to asset managers individually to deliver each RFP and then spend valuable time examining and assessing each non-standardised RFP. Qualitative assessment and comparison of responses has therefore been a time-consuming and difficult task. Distributors have also struggled to keep an audit trail for investment decisions because of this.
With this collaborative effort between Clearstream and investRFP.com, we effortlessly eliminate these inefficiencies and bring automation, standardisation and harmonisation. The RFP tool brings significant improvements to the RFP process used by fund distributors offering a structured review of responses from asset managers as well as facilitating an integrated audit trail for investment decisions. For asset managers, the investRFP.com tool brings enhanced efficiency and flexibility, allowing them to customise qualitative assessments and visualise continuously updated requests.
Clearstream clients can now access the investRFP.com web tool, including a fund research and selection tool, directly through the Clearstream Fund Services ecosystem enabling more efficient investment decisions and connecting fund distributors more directly with asset managers, part of our firm commitment to being a secure and comprehensive hub for financial market efficiency.
Client benefits:
For Distributors | For Asset Managers |
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About investRFP.com
investRFP.com, a business unit of e-fundresearch.com Data GmbH, is an independent Austrian specialist and leader in RFP (Request for Proposal) solutions for qualitative fund assessments, asset manager selection, and monitoring. This web-based tool is designed for financial institutions and asset owners to create RFPs while enabling asset managers to streamline the process on their end due to recurring best practice sets of questions utilised by fund selectors. It also offers asset managers the option to participate in a digitised pool of responses for recurring or best practice question sets used by asset owners.
As an independent specialist in this field with a unique value proposition, investRFP.com provides a platform for asset managers to assess asset owners' needs and create tailored investment solutions. Meanwhile, asset owners and financial institutions, as RFP issuers, can access up-to-date information addressing their standardised or unique questions and use convenient tools to simplify the evaluation process.
To learn more, visit www.investRFP.com