How IGGiQ x ClearGlass Works

Cost Transparency Data Collection

ClearGlass works with clients invested with over 500 asset managers to collect mandate by mandate specific cost data. This creates their unique “live” data. They hold data on over £X00Bn of assets and across a range of investment consultants. Hence, their data is very representative of the UK Pensions Market as a whole.

ClearGlass cleanse the data. This detects outliers and anomalies and completes 3rd party verification. This creates independently verified and consistent data. The managers are also bound to a high level of data integrity because the data has to reflect what they have actually charged rather than what they might charge a notional client.

The reports produced can be used to initiate work to move costs towards a competitive price. They also provide reports that used to demonstrate compliance with regulatory duties. They also allow Trustee to assess the performance of any third party responsible for negotiating terms such as the investment consultant.