FLIORE for independent asset managers: operations alongside the portfolio
Updated: 2026-09
At independent asset managers, investment work competes with operations: client reporting, data upkeep, compliance evidence and fee billing. Operations usually wins that competition — at the cost of time for the actual service.
An independent asset manager sells investment competence but spends a substantial share of time on operations. Client reports must be produced monthly or quarterly, data from several custodian banks consolidated and checked, compliance evidence kept current, fees calculated and invoiced.
This work is invisible and grows with every new mandate. Unlike investment work it cannot be delegated while it is spread across several systems and spreadsheets — and that is the normal state at smaller houses.
Data quality is especially costly. A missing FX rate, a stale valuation or a double-counted inflow silently distorts a client report. Such errors either go unnoticed or are noticed by the client — both bad.
How it works
- 01
Model mandates with their accounts and structures
Create clients as mandates, with the associated entities, accounts and custodian relationships — the basis for consolidation and reports.
- 02
Set up data inflows and exclude duplicates
Connect bank feeds through the provider layer where available, otherwise use file import — with automatic duplicate detection.
- 03
Check data quality before every reporting run
Review and clear missing FX rates, stale valuations and feed errors by severity before the report is produced.
- 04
Standardise client reports
Set up white-label monthly reports per mandate, multilingual and in the reporting currency — rather than assembling each report individually.
- 05
Track realized gains under the chosen method
Have purchase lots and realized gains per position computed under FIFO, LIFO, HIFO or average from your own trades.
- 06
Tie fee billing to running the mandate
Produce invoices with VAT, flexible recipients, Swiss QR reference and a reminder workflow from the same system that holds the mandate.
Why it fits here
Data-quality reconciliation addresses the error type that silently distorts client reports — missing rates, stale valuations, feed errors, ranked by severity.
Tax-lot accounting under FIFO, LIFO, HIFO or average comes from your own trades rather than from a side calculation in a spreadsheet.
Reports, compliance evidence and invoicing sit in the same system as the mandate; that reduces exactly the operational share eating into investment time.
FAQ
Does FLIORE replace a portfolio management system?
FLIORE covers operations — mandates, consolidation, documents, compliance, reports and invoicing. For institutional performance attribution at scale, a specialised platform is the more suitable choice.
How does bank data get into the system?
Through a provider layer: file import today, aggregators where configured, each with automatic duplicate detection.
Which gain calculation methods are supported?
FIFO, LIFO, HIFO and the average method, computed from your own trades.
Are client reports customisable?
They are white-label, multilingual and produced in the respective reporting currency, print-ready per mandate.
How does FLIORE handle faulty data?
Data-quality reconciliation surfaces missing FX rates, stale valuations and feed errors and ranks them by severity before they reach a report.
FLIORE
Data-quality reconciliation addresses the error type that silently distorts client reports — missing rates, stale valuations, feed errors, ranked by severity.
Tax-lot accounting under FIFO, LIFO, HIFO or average comes from your own trades rather than from a side calculation in a spreadsheet.
Reports, compliance evidence and invoicing sit in the same system as the mandate; that reduces exactly the operational share eating into investment time.