Miles Software uses SQL Server 2014 and Microsoft Cloud

Fund Managers are constantly faced with the arduous task of getting better insights from their portfolios, identify performance drivers, analyze and mitigate risks, enhance their decision making capabilities and achieve a superior portfolio performance.  Miles Software has built a solution to help them do just that with relative ease.  Built on SQL Server 2014, the solution helps fund managers to gain deep insights by integrating data sources from the cloud and on premise systems.  It helps them perform a comprehensive analysis of data to gauge portfolio performance and analyze risk around each portfolio. By enabling easy and accurate measurement of portfolio risk and return, MoneyWare helps fund managers increase sales and Assets Under Management (AUM), improve client service, create timely reports, meet regulations and reduce costs.

While the Portfolio Risk and Performance Analytics solution, has recently been launched in India, leading financial institutions across the globe are already implementing this solution.

Milan Ganatra, CEO, Miles Software said, “The increased need to understand, measure, manage, and report risk is a major imperative to drive growth in the financial investment segment. We have been working closely with financial institutions across the globe and are constantly working towards enhancing our product value proposition. This helps provide a differentiated value to our customers with our technology. MoneyWare Portfolio Risk and performance Analytics is a need-of-the-hour solution and with Microsoft, we have successfully integrated it not just with our existing platform but also made it available as a service on the cloud.”

Srikanth Karnakota, Director, Cloud and Enterprise Business, Microsoft India said,“With SQL Server we are enabling customers of Miles Software have real time analytics by combining the power of Cloud with on premise data integration. Power BI service on Azure and SQL Analytics is the way forward for customers to turn data into meaningful and powerful insights. I am happy that Miles software is truly leveraging the best of Microsoft platform to keep providing differentiated value to their customers”

Microsoft SQL Server 2014 enables customers to build mission-critical applications and Big Data solutions using high-performance, in-memory technology across data warehousing, business intelligence and analytics workloads without having to buy expensive add-ons or high-end appliances. SQL Server 2014 uses a common set of tools to deploy and manage databases both on-premises and in the cloud, which makes it easier for customers to take advantage of the cloud with existing skills.