How ELO enhanced economic analysis and research with Macrobond

Overview  

ELO, the third-largest private pension fund in Finland, manages approximately 30 billion euros in assets. With a diverse team of economists, strategists and portfolio managers, ELO requires a reliable, comprehensive data and powerful analytics platform to drive their investment decisions and economic forecasts.

For over five years, ELO has leveraged Macrobond’s platform to streamline their data analysis, enhance collaboration and deliver high-quality presentations.

The Requirement

To streamline ELO’s analysis and forecasting, the following needs were identified:

1. ‍Data Integration and Accessibility: ELO needed a platform that could integrate various data sources, including macroeconomic and financial market data, into a single, accessible interface.
2. Efficient Data Analysis: With a need for both top-down and bottom-up analytical approaches, ELO required a robust analytics engine to handle complex datasets and deliver precise insights.
3. Presentation and Reporting: Creating presentations that effectively communicated their macroeconomic views and investment strategies could be very time-consuming and cumbersome.

The Solution

Macrobond provided ELO with a comprehensive solution that addressed these requirements through its advanced features:

1. Data Integration: Macrobond’s extensive database and seamless integration with other data providers, such as Bloomberg, ensured that ELO had access to a wide range of up-to-date macroeconomic and financial market data. This integration allowed ELO’s team to analyze data from multiple sources within a single platform.  
2. Powerful Analytics: The platform’s robust analytics capabilities enabled ELO to conduct both top-down and bottom-up analyses efficiently. Macrobond’s codeless environment made it accessible for team members without deep coding knowledge, expanding its usability across the organization.  
3. Presentation Tools: Macrobond’s superior charting tools and integration with Microsoft Office facilitated the creation of professional presentations. This feature was particularly valuable for ELO’s chief economist, who frequently needed to present macroeconomic cases to various stakeholders.

The Implementation

Upon joining ELO, the chief economist brought extensive experience with Macrobond from a previous role at Svenska Handelsbanken. Recognizing Macrobond’s potential, ELO quickly adopted the platform across their team. Currently, ten team members, including quant strategists, market strategists, and portfolio managers use Macrobond for their daily analysis and reporting needs.

Value added capabilities and services

ELO highlighted value added capabilities to their workflow:

1. Enhanced Collaboration: The team uses Macrobond to compile weekly PowerPoint presentations featuring the latest macroeconomic data and analyses. These presentations serve as the basis for their internal meetings, ensuring that all team members are aligned on market trends and economic conditions.
2. Improved Data Access and Responsiveness: ELO benefits from Macrobond’s extensive and responsive database. Whenever specific data is requested, Macrobond’s support team quickly adds it to the platform, ensuring that ELO has the information they need when they need it.
3. Superior Support and Training: Macrobond’s hands-on support and regular educational visits have been highly appreciated by ELO. This proactive approach ensures that ELO’s team is always up-to-date with new features and functionalities, maximizing the platform’s value.

Conclusion  

ELO’s reliance on Macrobond highlights the platform’s capabilities in meeting the complex needs of large financial institutions. From data integration and powerful analytics to superior presentation tools and exceptional support, Macrobond has proven to be an indispensable tool for ELO’s economic analysis and investment decision-making processes.  

By addressing ELO’s challenges and enhancing their operational efficiency, Macrobond has solidified its role as a trusted partner in their financial and economic research workflow.