Reasons for using an external GIPS® reporting software

Posted by: Francois Koster

A number of portfolio management systems are having integrated GIPS® reporting functionality.

Why use an external GIPS® reporting software?

The main arguments are that a portfolio management system is neither a reporting system nor a data warehouse.

Maintaining the history of portfolio properties well (f.e. portfolio number or investment strategy) is rarely possible.

An external system storing data with a time scope is better suited to archive the data

Additional audit trail and control reports are supporting the GIPS® verification in a major way.