The New BOR: Performance Book of Record

Invesco has implemented a PBOR to improve the accuracy and reliability of its performance and risk reports.

"What I want to see, and have pushed out to either internal or external customers, is consistent data" - Todd Healy

In a recent Waters webcast sponsored by Eagle Investment Systems, buy-side experts Tony King, manager of North America retail performance at Invesco, and Todd Healy, vice president, BMO Asset Management, discussed the business benefits that stand to be realized on the back of a successful performance book of record implementation.

While similar, the basic difference between an accounting book of record (ABOR) and an investment book of record (IBOR) is that while an ABOR is a centralized

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