Every quarter a performance report is created for each mutual fund managed by the company. The report has multiple pages of charts and tables that compare performance against all kinds of metrics, including industry averages for this type of fund, year-to-date and year-over-year results, fund composition, top holdings etc. There are over 200 funds/series to be reported. Using the old manual method, only 25 funds could be done, and that took weeks of a person’s time.
Now, FreeSight, in a matter of minutes, automatically accesses and imports the source data, analyzes and calculates results, creates all of the charts and tables, and exports the data into formatted templates for public distribution.