Data processing is still surprisingly manual?
Data can be in many different formats, and it is hard to aggregate, standardize, normalize, reconcile, and report on. E.g., Data in PDF is quite complex (Alternative Investments), Data in API/CSV (Custodian Bank, Broker Data), Data in Excel (Trust Structures, Real Estate, Insurance & etc.).
Tired of the same rigid data structure across Most Vendors?
Most vendors impose the same rigid data structure (i.e. single schema in a single database) on all clients. This means that they can only solve ‘’common’’ problems across all clients and invariably can only meet a few of their clients’ needs
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