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.

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.

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

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.

As an organization deeply involved in helping asset management firms launch new investment products, I've seen firsthand how a rigid approach to data and technology can seriously hinder effective fund launches. 

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 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.