iGlobal Enterprise Analytics
- 1. Slide 1 iGlobal Seminar October 14, 2009 Damien Georges Managing Director Hipercept Inc. dgeorges@hipercept.com
- 2. Slide 2 • Integrating information from third parties (property managers, JV partners, asset managers) • Determining the impact of changes in asset acquisition/disposition strategies on investment and investor returns, including: – Hypothetical portfolios – Debt financing and refinancing changes – Impact of changes in underlying property leasing assumptions and major tenant changes on NOI and value • Managing diverse global portfolios and trying to consolidate that information into an accurate portfolio level understanding Challenges
- 3. Slide 3 Business Intelligence and Data Governance • Using a Business Intelligence and Data Governance framework to tackle these challenges • This framework supports the consistent business requirement: – “I want to see all the information that tells me how my business is running, has run and will run in one place” • The reality of trying to meet the requirement: – Access to high accuracy (data governance) information in underlying systems – Complex systems integration – Method for aggregating and normalizing data – Reporting – Business buy-in, stamina and significant investment
- 4. Slide 4 Why should you care? • I am focused on driving revenue (not technology or operations) – These systems can be used to better manage your portfolio • Risk management (exposure analysis) • Debt management (loan-to-value, debt service coverage) • Improving investment and investor returns (scenario analysis, assumption sensitization) – Successfully implementing this framework will result in better portfolio management – This framework is not a luxury in the current environment • Both from the investment manager and the investors perspective
- 5. Slide 5 Integrated Enterprise Analytics Environment
- 6. Slide 6 Garbage in Garbage Out Without the dual implementation of a BI and data governance infrastructure it is difficult to provide information that end users can trust. The combined strategy enables effective risk management and leads to better decisions.
- 7. Slide 7 Implemented across the enterprise in a diverse vendor landscape
- 8. Slide 8 Solving the challenge – Combining Best Practices • Combination of past projects for private equity and investment management firms – Implementing data governance and business intelligence in parallel – Defining, publishing and monitoring data standards – Creating a system agnostic schema for the consumption of information • Leveraging existing standards and benchmarks (OSCRE, PISCES, IPD and NCREIF) – Investing several million dollars in establishing and maintaining this platform • Building a comprehensive business case to support this investment
- 9. Slide 9 Focused on supporting the investment lifecycle
- 11. Slide 11 Taking a system agnostic approach to a data model OSCRE Hybrid Approach