Matrix, the award-winning solution provider to asset owners and managers has been selected by QSuper, one of Australia’s largest superannuation funds. Matrix will provide a fully integrated data management solution across security, pricing, positions, accounts, risk, performance, and corporate actions data. QSuper manages AUD ~$106b in retirement savings for more than 600,000 Australians.
QSuper embarked on a significant data strategy project to create a vendor and custodian agnostic data model, which supports the scalability of its capabilities and, were tasked with procuring a new off-the-shelf data warehouse solution.
The new system will handle numerous types of market data including security data, pricing, and corporate action data. It will also consolidate information from a variety of accounting, risk and order management systems along with the acquisition and normalization of data from third party providers. The solution will validate, scrub and enrich all data to create a golden copy which can be used for key data domains such as securities and pricing. The Matrix warehouse will also store historical data for all the relevant domains and as an end-to-end solution it will also distribute data to downstream systems.