RBC Investor Services and StatPro are pleased to share with you a new perspective – an alternative strategy to traditional performance attribution models. This white paper will help you refine your performance attribution strategies as well as give you insights into important fixed income trends.

The post Fixed income attribution appeared first on StatPro.com.

StatPro and RBC Investor Services have co-authored a white paper on fixed income attribution. This white paper delves into fixed income instruments, their unique features, and also explores attribution modeling.

“In this feature white paper, written by RBC Investor Services and StatPro, a global provider of portfolio analytics, we offer insights into the unique characteristics of fixed income instruments, discuss the limitations of traditional attribution models and present a solution—attribution modeling designed to specifically align with fixed income strategies.”

Continue reading

The post StatPro and RBC Investor Services co-author fixed income attribution white paper appeared first on StatPro.com.

The post StatPro Revolution – one minute product overview appeared first on StatPro.com.

Oversight is performed in different ways in different parts of the world – be it the UK, USA, Continental Europe, Asia or somewhere else. There have been many failures worldwide due to limited oversight. As new regulations demanding more oversight come into effect, the Board of Directors has a very important oversight role to play.

Previously, oversight was often neglected and as a result investors have paid the price. The Board of Directors of funds which neglected oversight have also paid the price, as they found lawsuits coming their way.

Regardless of the jurisdiction that these funds sit in, and the different structures, ultimately it’s the process of oversight that is most important.

A few years ago the process of portfolio oversight was disorganized and up to every company to perform in a manner they deemed fit. But now the general adoption of exposure criteria such as VAR, along with the adoption of tolerance levels, has slowly made the process of oversight more organized. More and more we are seeing the unification of oversight criteria in relation to fund managers and their boards. Now that we are starting to speak the same language, oversight can exercise its influence.

But do the directors fully understand these risk and performance numbers they are being presented with? Not all boards have investment management expertise. They rely on investment managers to provide this data, to perform segregation duties and to exercise internal controls. So the investment managers not only manage the portfolio but provide the risk figures as well. As more and more responsibility falls back on the board to provide appropriate oversight, they need relevant, timely information on investment risk. Without having the right data and the right tools to analyze that data, they will not be able to perform oversight at the level that the regulators expect them to.

There are many questions regarding the data. Is the data timely? Is it frequent? Is it reliable? Can it be shared easily and securely? These are fundamental questions which impact the quality of any oversight function.

What role can technology solutions play in improving oversight?

Listen to StatPro’s oversight webinar recording to hear the debate and get the answers you need to perform better fund oversight today.

The post How to perform better portfolio oversight appeared first on StatPro.com.

Using the sophisticated dashboards in StatPro Revolution has helped J2 Capital Management pinpoint how they’ve added value to the clients’ investment portfolio using performance, contribution, attribution, asset allocation and risk analysis.

‘As StatPro Revolution is cloud-based, generating reports is really easy. We no longer have to run lengthy, time consuming reports. It is all there, available at the click of a button. So it saves us time. This in turn means we have more time to focus on client servicing.’

John Benedict, co-founder and CEO, J2 Capital Management

The post “Game changer” says Registered Investment Advisor appeared first on StatPro.com.

Learn how you can improve your performance measurement analysis by downloading this white paper.

The post The 5 most important appraisal measures appeared first on StatPro.com.

By allowing their clients to access StatPro Revolution, with the source data already integrated via PAXUS, Portcullis are now able to offer added value to their offering, simply and securely.

StatPro Revolution allows users an unrivalled list of analysis covering attribution (including stock-level/bottom up), contribution, risk and detailed performance. As users login online, analysis and reporting can be reviewed and distributed to clients anywhere, anytime. The charts and dashboard are visually appealing and easy to understand.

Allard de Jong, MD, Portcullis TrustNet states, “This creates a great opportunity for our clients to have access to StatPro’s comprehensive portfolio analytics platform, which the fund manager can use internally and in addition can also be provided to the end investors in the funds. With the data feed already connected with PAXUS, our fund administration system, access to StatPro Revolution’s analytics requires little to no effort from our client and is extremely cost efficient. It is very exciting that these services can be made available to fund managers, regardless of their AUM size. For us as administrator, it means we can continue to exceed client demand.”

Laurent Laclaverie, MD, StatPro Asia Ltd. States, “For clients of Portcullis, all the hard work has been done. With access to the source data integrated already, their clients can have comfort and confidence that this independent source of data is accurate and useful. We believe this integration will transform the way users’ communicate with their clients as well as enhance their productivity.”

-Ends-

For more information, please visit the press room.

The post Press Release: Portcullis sign up to StatPro Revolution to add value to clients appeared first on StatPro.com.

If you think about it, every portfolio is a network. There is someone who owns it, someone who advised about it, someone who manages it, someone who checks it is complying with regulations, someone who needs to be sure it is profitable, someone who might have sold it, someone who might be offering support, someone who worries about its risk and someone who might have fiduciary responsibility for it: all these people have an active interest in knowing what is going on in that portfolio at any given time. If you then overlay the network of one portfolio with the networks of other portfolios, it quickly becomes clear that the number of relationships are extremely complex. That is why a system that offers this needs to have designed this feature from scratch and have the right architecture to deliver such complex sharing.

StatPro Revolution manages this easily because it was always designed to do so. Because it is in one place, with one version of software, it is also very quick to update and improve. With previous software, it took at least one year from start of development to installation and production with a single client, but normally 18 months to two years. To be in production with all clients was never possible or practical. With StatPro Revolution, the time between development to production for all clients is eight weeks! This massive improvement in development productivity is a huge benefit to clients who can now realistically ask for new features and improvements and see them added in record time.

So, it would be great if you, our clients, felt you could write up the features you think will be of benefit to your organisation. We are trying to be democratic; the more people that ask for a feature, the more likely it will be done sooner than features that have little support. Small features will also get done sooner than ideas that will require significant investment.

So tell us about:

• Things that annoy you
• Things that could be faster or more elegantly done
• New analysis that might reuse existing components but provide great insight
• Or anything you like

We will respond to all requests.

Best wishes

Justin Wheatley, Group CEO

The post Every portfolio is a network appeared first on StatPro.com.

StatPro’s Marketing & Technology Director, Neil Smyth talks exclusively at TSAM Europe about the biggest challenges currently affecting buy-side tech & operation professionals.

The post StatPro Group – Neil Smyth interviewed at TSAM Europe appeared first on StatPro.com.

So what exactly is portfolio oversight and why is it so important?

Oversight is the monitoring of a portfolio’s performance and risk to ensure that investor interests are being adequately protected. Oversight is often managed by a third party but can be conducted in-house as well. Third parties can be Authorized Corporate Directors (ACDs) but are also often Directors on the Board, Trustees, Management Companies (ManCos) and Series Trustees in North America.

There are different types of investment structures around the world and today the focus is on this. Should the focus be more on the underlying investment process rather than the structure and does it have an impact on the way oversight is conducted?

Who is responsible for oversight in different jurisdictions?

How can oversight be improved and what role can technology solutions play?

To improve oversight, two main things are required:

• The right data/tools
• The right analytical skills

There are several challenges relating to the data that need to be addressed. Is the data timely? Is it frequent? Is it reliable? Can it be shared easily and securely? These are fundamental questions which impact the quality of any oversight function.

Do fund boards have a skills gap in analyzing and interpreting the data that needs to be filled? Both the right tools and the right skills are crucial so that the board of directors can ask the right questions to the fund managers and thereby make the oversight process more effective.

Is it just enough to analyze fund performance? What about measuring risk and looking at parameters such as VAR to get a more complete picture?

Hear what we think, attend StatPro’s oversight webinar and hear from the industry experts.

Register now for this April 17^th webinar at 16:00 BST/11:00 EST.

The post Portfolio oversight explained by industry experts appeared first on StatPro.com.