CASE STUDY COMARCH BUSINESS INTELLIGENCE

COMARCH BI IN SKAGEN FUNDS

ABOUT SKAGEN FUNDS Iceland, the United Kingdom, the and Switzerland. The aim of the company is to consistently create the best risk adjusted returns for its clients. Established in 1993 Skagen Funds is an independent Norwegian management company headquartered in Stavanger with five branch offices in , and . The company has over 260 000 clients. COMARCH CLIENT REPORTING Its sole business is fund management. Skagen offers AND COMMUNICATION SYSTEM both equity and fixed income funds, of which five are marked internationally outside Norway or Sweden. In September 2011 Comarch has successfully finished This includes three equity funds and two bond funds. building and implementing Comarch Client Reporting Skagen has approval to market its equity funds in and Communication System for Skagen Funds. Norway, Sweden, and Denmark, Luxemburg, Finland, The aim of the project was to provide Skagen’s individual and institutional clients in several countries with the best- • Comarch Business Intelligence Platform based on class reporting platform that provides up to date infor- Oracle data base technology and analytical tools, mation about their investments. As a result of the project that is responsible for data integration and report- all the communication between clients and their advisors ing processes, is now provided through a web • Comarch Asset Manage- portal available via various ment - Performance Attri- communication channels. bution that is responsible More about Comarch for advanced calculations Business Intelligence that are delivered to the GOALS OF THE data warehouse, which is a PROJECT www.bi.comarch.com part of a Comarch Business Intelligence Platform and The successful Comarch Client can be used in reports. Reporting and Communication System Project has delivered: • User-friendly and easy-to-use reporting tool for COMARCH BUSINESS INTELLIGENCE individual and institutional clients that fulfills both PLATFORM IN SKAGEN current and future needs, • Comarch’s support for Skagen concerning expert The Comarch Business Intelligence Platform delivers re- knowledge and IT services during the project reali- ports for other components of the Comarch Client Re- zation and after it has been finished, porting and Communication System. It is the main part of • Skagen’s competitive advantage achieved thanks to de- the whole solution. The Platform is based on the Oracle livering reliable information about results of the man- data warehouse technology and analytical tools. The data aged funds for both individual and institutional funds, warehouse gathers, integrates and arranges information. • Integrated information and automatic reporting The information in the data warehouse is divided into process, analytical models that enable easier and faster creation • Limiting risk of human mistakes in the reporting of analyses concerning particular activity area. The Co- process thanks to automation of reports’ prepara- march Business Intelligence Platform, thanks to the Or- tion and implementing data quality procedures, acle analytical tools, enables reporting results of funds • Ability to create various reports for clients in an easy way, managed by Skagen. Current reports are prepared every concerning their investments in stocks and funds. month. Each client that logs into the portal has a possibil- ity to get familiar with detailed information concerning his investments. PROJECT

The project’s goals have been achieved thanks to: • The best-class reporting platform as a communica- tion tool between Skagen and its clients, that ena- bles presentation of reports prepared for clients,

www.bi.comarch.com Comarch SA www.comarch.com www.comarch.de www.comarch.ru www.comarch.fr www.comarch.pl Al. Jana Pawła II 41g Comarch Spółka Akcyjna with its registered seat in Kraków at Aleja Jana Pawła II 39A, entered in the National 31-864 Kraków, Polska Court Register kept by the District Court for Kraków-Śródmieście in Kraków, the 11th Commercial Division of phone: + 48 12 687 73 52 the National Court Register under no. KRS 000057567. The share capital amounts to 8.051.637,00 zł. The share capital was fully paid. e-mail: [email protected] NIP: 677-00- 65–406 Copyright © Comarch 2013. All Rights Reserved. EN-2013.01