What problem do they solve?
It takes lots of time and lots of people to keep track and make sense of the data on a fund that might be relevant to pick up a sales lead. Pension Mandate says it uses technology to automate the process making it quicker and more efficient.
What makes them different from similar services?
Pension Mandate stresses it is not a journalistic-led business intelligence solution, but that it harnesses the potential of big data technology to provide useful information to asset managers. Most services currently available inform users about mandates that have already been awarded, but Pension Mandate aims to give information so fund managers can actually win the mandate
It’s web-based, meaning you don’t need to install anything and it is also pay as you go, so you don’t have subscribe but can just buy information on a specific fund you are interested in.
Why now?
Morariu said: “The technology has developed in such a way that it is possible to have solution which helps you discover content.”