Thomson Financial has added a new performance measurement tool to its portfolio management system, PORTIA.
The company boasts that PORTIA Perform can “transform investment data into compelling performance analysis for presentation and review by staff and clients, and prospects around the globe.”
PORTIA Perform offers daily securities level, segment level, and multicurrency performance measurement, along with composite and dynamic segmentation capabilities. Its creators describe it as scalable and volume-resilient.
“There’s no doubt from our testing that PORTIA Perform will make it possible for asset managers to demonstrate investment results with greater transparency and build an environment of credibility and trust with the client,” says Christen Bremner, senior vice president, Global Transactions Services, Thomson Financial.
PORTIA Perform can be purchased separately from PORTIA.
“The launch of PORTIA Perform reinforces Thomson PORTIA’s reputation as the industry’s most trusted, reliable and powerful middle to back-office tool for investment management firms,” adds Ken Wagner, chief operating officer, Global Transaction Services, Thomson Financial. “The system’s advanced analysis and reporting capabilities help to address new industry requirements while its power and flexibility enables one to make fully informed investment decisions.”
Thomson says PORTIA Perform achieves faster measurement of data by compiling performance history daily – the basis for all performance and risk calculations. It also provides performance and measurement reporting in any currency, and offers segmentation capabilities to examine performance in more detail.