The Process of Disseminating Fund Data to Enhance and Maximize Your Distribution Footprint – Part 4
Last time out we concluded with the dissemination process of your data. In this final instalment of our blog series, we explore the additional measures Kneip takes to ensure the accuracy of your fund data across your distribution footprint. This involves a critical step known as Post Publication Control or PPC for short. This is essential for maintaining the integrity and reliability of your fund data. Let’s delve into the details!
Once fund data has been published, it is imperative to conduct comprehensive post-publication checks. These checks serve to verify that the data has been accurately disseminated across all corners of your distribution footprint, ensuring that the data Kneip has disseminated on your behalf is correctly displayed at each destination.
Identifying and rectifying any discrepancies or errors that may have occurred during the publication process is crucial. Kneip performs a meticulous comparison of fund data across all required destinations to ensure consistency. This process involves licensing official data feeds from each destination and verifying that the displayed data matches the original data submitted. By comparing the newly published data, Kneip can identify any significant deviations or anomalies that may indicate errors. Each data field is thoroughly checked to ensure that all required information is present and accurate, including both numerical data and textual descriptions.
Discrepancies can arise in various ways, with the most common being vendors accepting data from multiple data sources. This is why Kneip always recommends that our clients mandate vendors to only accept their data directly from Kneip. Issues can also arise during the ingestion of the data from Kneip. This could be due to non-mapped or mis-mapped fields on the vendor’s side. Kneip’s system is equipped with automated alerts that notify the team of any discrepancies or potential errors detected during the post-publication checks. In addition to these automated checks, Kneip’s team of experts conducts manual reviews to catch any issues that automated systems might miss. Any discrepancies that do arise, Kneip contact the destination on our client’s behalf to ensure the data points in question are updated to the correct values.
Kneip’s Post Publication Checks are a vital component of the fund data dissemination process. By ensuring the accuracy and consistency of published data, Kneip helps clients maintain the trust of their investors. This meticulous approach to post-publication verification underscores Kneip’s commitment to data excellence and reliability in fund data management, ultimately maximizing your distribution footprint.
Thank you for taking the time to read this blog series. I hope you have enjoyed it as much as I have writing it. As always, if you have any questions or would like to learn more about how Kneip can assist you, please don’t hesitate to contact me at [email protected].