“Pendo has the first cross vertical global investment accounting cloud solution. We provide services to capital markets across banking, asset management, wealth management, insurance, and corporate treasury. 

The landscape today consists of products that are vertically focused on industry (mutual fund, investment management insurance, etc.) & regionally (Asia Pacific, Europe, US). This has caused firms to have silos of investment accounting data – resulting in the same asset being valued differently with a variation of up to 25 basis points. It also is the inhibitor to transparency as the ability to drill down & view total exposure to a given sector, industry, currency, or cost basis cannot be done in a single database and instantaneously. This is a problem that our product solves. 

BasisPoint solves the issues for the verticals and provides for complete multi-jurisdictional processing for capital markets firms (insurance, mutual fund, asset managers, wealth managers, pension funds, and corporations).”