David Andrade, General Manager of Aapryl, spoke about how technology can make the investment manager selection process more efficient with Wei-Shen Wong of WatersTechnology.
While selecting an investment manager can be a lengthy process involving manually analyzing performance data, Aapryl has turned what was once two to three months of number-crunching into a two to three minute task. Born out of parent company Xponance’s own quantitative methodology for manager analysis, Xponance saw an opportunity to deliver this innovative technology to the broader investment management industry and launched Aapryl as a standalone platform in 2017. Today, Aapryl helps asset allocators identify investment managers, build portfolios, and manage risk and on the flip side helps asset managers understand how they compare to peers in the market.
WatersTechnology is the financial services industry’s premier provider of technology and data-related information covering data management, regulation and technology. Subscribers include some of the largest banks, asset managers, and exchanges.