Trilogy Funds is one of Australia’s leading fund managers and financiers of property-based investments. Their flagship product is the Trilogy Monthly Income Fund (TMIT).
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TMIT loans are managed by a team of Portfolio Managers using bespoke Excel spreadsheets which were potentially prone to error and impossible to consolidate. To combat the issue of consolidation a series of ‘S’ curves were used to predict how loans would perform. However, this could not give the Leadership Team the accuracy and flexibility they were seeking.Â
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Trilogy Funds also needed to formulate its expected credit loss provision (ECL) for TMIT. Calculating this was a significant task which would take 3-4 weeks to complete.Â
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Learn how this changed when Trilogy Funds implemented Workday Adaptive Planning. Working with QMetrix, they achieved these and more:Â
- Ease for Portfolio Managers to forecast and manage loans
- Live, consolidated information the Leadership Team can access anytime, and flex to understand how changes could affect the business
- Completion of ECL in a few hours instead of 3-4 weeks
- Confidence in numbers to make data-backed decisions
Justin Smart, Chief Operating Officer at Trilogy Funds, says, “Workday Adaptive Planning has fundamentally changed the way we work. It provides a wealth of accurate information quickly. With it we can forecast, see pipeline, and manage our existing portfolio of loans. The dashboards provide a brilliant overview of everything we need to know.”
Consulting solution: Budgeting and planning
Technology solution:Â Workday Adaptive Planning
