The need for a common data submission process
Within the business world today, there are tremendous demands to share and transmit data between multiple organizations. This demand requires distribution of accurate and relevant information in a timely manner. In addition, as technology continues to evolve, more tools and firms are attempting to analyze this data and turn it into pertinent information. That increases the need even more for smooth data flows. Within the commercial real estate investment industry, this demand is no different and continues to grow at a rapid pace.
Today, more and more consultants, index providers, plan sponsors and other data analysis firms require a prodigious amount of data from investment managers. To add to the stress already placed on investment managers, data is often required to be submitted in different formats, using proprietary systems and at different times within any given quarter. Some larger investment managers are sometimes required to provide