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Novare Actuaries and Consultants Selects FactSet’s Performance and Reporting Analytics

November 13, 2018

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, announced that its B-One solution has been selected and successfully implemented by Novare Actuaries and Consultants (Pty) Limited, one of South Africa’s leading independent financial services groups.

B-One is the award-winning, multi-asset class performance, attribution, and reporting solution of BISAM, a FactSet Company. B-One is a key component of FactSet’s unique ecosystem of solutions and workflows that serve the investment portfolio lifecycle. B-One was selected as the cornerstone in Novare’s systems enhancement project to improve operational efficiency with the objective of improving data quality, automating the reporting process and enhancing the client experience.

“We are very excited to work with FactSet. Our enhanced service model, with B-One as one of the key components, enables us to centralize our activities and efforts to deliver more customized, innovative, and powerful solutions to our clients. FactSet’s expertise and reliability have been instrumental in the project’s execution,” stated Modibedi Selepeng, Head of Fund Consulting and Manager Research, Novare Actuaries and Consultants.

“We are very proud to be collaborating with Novare Actuaries and Consultants to provide the support and service they require for their clients in South Africa. It is also a testimony of our commitment to strengthen our presence in the region shortly after the opening of our office in Johannesburg,” said Alexandra You-Capello, Senior Vice President, Director of Sales for the EMEA region. “FactSet’s goal is to provide a single true source of analytics for the entire investment process.”

FactSet continues to expand its footprint in South Africa and the overall EMEA region. The company received the 2016 Best Data Management Solution in the African Global Funds (AGF) Africa Service Providers Awards, which recognize the accomplishments of fund service providers covering Africa.

For more information about FactSet's performance and attribution analytics, please visit https://www.factset.com/analytics/performance-and-attribution-analytics.

About Novare Actuaries and Consultants

Novare Actuaries and Consultants is an independent advisory business providing investment consulting services to institutional clients throughout Southern Africa. In 2007, the business expanded into Africa with its first satellite office in Gaborone, Botswana. Recognised as an industry pioneer, Novare Actuaries and Consultants provide investment consulting services to institutions throughout South Africa. We have more than a decade’s expertise in asset management and advising clients and boards of trustees. Our combination of expertise and vital insight allow us to offer practical guidance on a wide range of investment matters. Our implemented investment consulting solution provides clients with the benefit of world-class systems, coupled with a dedicated consulting service team to ensure access to and execution of innovative asset management and portfolio construction techniques and solutions.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior analytics, service, content, and technology to help more than 91,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For® and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.

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