Case Study: Lipper achieves 300% faster product development and $270,000 payback with TIBCO Software

Lipper uses Insightful’s solution to build customizable analytics to develop new products for evaluating mutual fund performance

Lipper, a Reuters subsidiary that tracks more than 95% of U.S. fund assets and analyzes over 80,000 funds worldwide, needed a flexible, enterprise-ready analytics platform to review historical financial data and build customizable fund-analysis tools for mutual fund managers and advisors. The core challenge was speeding prototyping and delivery of new analytics while ensuring robust, credible results for benchmarking, risk management and performance comparisons.

By adopting Insightful’s S-PLUS and S+FinMetrics, Lipper gained powerful econometric, classification and interactive visualization capabilities that let analysts prototype new analytics in minutes and deliver tools the next day. The change cut development time from 9 to 3 months, produced a 300% improvement in product development cycle speed, delivered a $270,000 payback and materially improved productivity, decision-making and customer service.

Lipper

Andrew Clark

Senior Research Analyst