How Gen AI is Transforming Mutual Fund and ETF Reporting in Financial Services

One of the most important trends in the business world in recent years— the proliferation of low code or no code applications for business web development—is emerging in the domain of fund reporting. The implications of this advancement are important because it promises major efficiency gains the likes we have witnessed in the world of conventional web development.

Digital accessibility is no longer optional for businesses operating in the European market. With the European Accessibility Act (EAA) set to take full effect in June 2025, financial service providers, including investment management firms, asset managers, and banks, must comply with new accessibility standards for their digital platforms.

When it comes to fund reporting sometimes it feels like the universe conspires against you. The universe experiences entropy meaning that disorder is steadily increasing. Systems move from order to chaos and that certainly rings true when it comes to data and reporting.

We are excited to announce a collaboration between Morningstar and Data Front to bring new and innovative reporting solutions to the North American asset management market.

At Data Front our approach to reporting data is one of agnosticism. We provide the tools to manage your data understanding that a one size fits all approach is a mistake. We understand that the provenance of your data is unique and that it can be sourced from a variety of places including your own reporting systems and third-party data providers (including Data Front).

In this report we focus on data strategies and modern cloud infrastructure that are revolutionizing the way asset managers are implementing fund reporting technology.

The ability to respond to the myriad rules and variations requires data expertise and agility.

This article will focus on the efficiency gains realized by utilizing one particular widget within Report Builder - the Fund List component. This component allows any team member to select different attributes and data – for example NAVs, returns, fees, allocations etc. to create a fund list for a webpage. It is a fully customizable web application in terms of data displayed and look and feel.

In this article, we unpack the core considerations behind the buy-versus-build debate, with a lens focused squarely on the needs of modern asset management firms. From compliance burdens and cost structures to integration ease and innovation velocity, we’ll help you evaluate which route best fits your firm, not just today but for the road ahead.