Portfolio Customization Tools
WealthSpectrum provides a variety of tools for actively and efficiently managing a large number of portfolios to client preferences with minimum efforts and tax efficiency:
Customer profile, mandate and preferences for allocations to asset class, sectors and security can be specified and monitored for compliance. The portfolio customization tools take into account the client preferences and constraints during order generation.
Using Portfolio Customization Tools, User can act on all accounts in scope or on the list of accounts meeting selection criteria created through Portfolio Monitoring and Alerts functionality.
WealthSpectrum provides integration of the abovementioned Portfolio Customization Tools with Trade Order Management. Orders can be generated with single click thru portfolio customization tools - model portfolio rebalancing, revision of allocation, swap etc. Multiple fund managers can enter or generate their own orders and the system will track them accordingly. The orders generated, can be previewed and validated with custodian and logical holding, available cash and client,product and firm specific constrains before the release.
Model Portfolio Management and Rebalancing
Powerful and flexible and model portfolio management tools are available so that a large number of portfolios can be managed and rebalanced with minimum efforts.
Model portfolio can be dynamic or static. Dynamic model portfolio is price and corporate actions adjusted. For dynamic model all portfolio analysis reports including appraisal, performance, gain etc. are available for tracking and benchmarking model portfolio performance.
Multiple model portfolios can be set up with different objectives and strategies. WealthSpectrum provides options for customizing client portfolio to client preferences and constraints even while rebalancing with the standard model portfolio.
Client portfolio can be linked with any of the model portfolios for benchmarking and rebalancing. Portion of a portfolio also can be rebalanced against specific model. Rebalancing can be subject to client constraints and restrictions. Multiple options are available for cash allocation while rebalancing. Rebalancing can be used to allocate new funds. Advisor can preview implications of rebalancing on capital gain, tax, cash balance and compliance to client preferences.
The module provides functionalities to manage large number of portfolios with minimum efforts and with flexibility for customization in terms of client preferences for investment style, sector allocations and preferred cash levels.
Allocation Tools - Revision of Allocation and Swap
Tools areavailable to revise allocation to specific securities to revised target levels or to implement swap between securities. These can be subject to client specific constraints on sectors and securities and cash balance norms. Various filters can be applied to filter clients based on portfolio attributes like current holding %, cost of acquisition, cash levels etc.
Mutual Funds Switch
Mutual Fund Switch tools allows Switch from one scheme to another based on percentage holding, units and amount.