Guggenheim Investments selects Milestone for NAVs 14 May 2012Boston Reporter: Georgina Lavers
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Guggenheim Investments has selected Milestone Group’s pControl platform to automate the management and control of its NAV production and validation processes.
pControl seeks to aggregate and manage multiple data sources and formats and perform validations of NAVs on a single dashboard.
“The end-to-end automation that pControl brings to our NAV processing means we will achieve a significant improvement from an efficiency standpoint, while its rules-based intelligence allows us to spend more time researching and resolving exceptions rather than having to identify them manually,” said Mike Scalzi, head of investment valuation at Guggenheim Investments.
“pControl enables users to target specific efficiency, service level and operational risk management enhancements across the fund processing value chain in a highly flexible, scalable and transparent environment,” said Geoff Hodge, CEO, Milestone Group.
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