VIDEO: Performance Teams Need Better Communications with Ops

Performance measurement teams sometimes serve as a net to catch errors, which is not optimal for securities-trading firms.

The better approach is to have clear lines of communication, according to Kamelia Dari, CFA, CIPM, head of performance analytics and reporting, Panagram.

Dari took part in an FTF News video chat recorded during the Performance Measurement & Client Reporting conference on February 29 in New York City. Dari was on the “Time to Pick New IT Management Providers?” panel.

“Having a clearly set up line of communication between operations or the people that are actually touching the securities, structuring the accounts and the people that are trying to calculate performance or attribution on those securities/portfolios is critical,” Dari says.

“Not having a clear channel of communication between those departments will lead to more errors coming through because … performance measurement almost acts like a net to catch errors that flow through,” Dari says. “I would love for the role of performance measurement to be just calculating performance but a lot of it is ensuring that the input is correct.”

The video also covers:

• The essential components of an optimal outflow of communication for performance and client reporting teams;
• The lack of GIPS compliance in the credit space and whether compliance can help; and
• A polling question for the panel about the lines of reporting for the performance measurement and client teams.

The video chat was recorded during the Performance Measurement & Client Reporting conference, on Feb 29, 2024. REGISTRATION NOW OPEN for PMCR 2025! Click here to learn more.