Comarch Asset Management


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Comarch Asset Management

  1. 1. Comarch Asset ManagementCopyright Comarch 2011
  2. 2. Comarch Asset Management 2 Copyright Comarch 2011
  3. 3. Comarch Asset Management System’s Target Group • addressed to financial market institutions specializing in asset management, both on their own and when commissioned by customers. • typical back-office operations connected with investment portfolio service (e.g. registration of the company’s and customer’s orders, conducting operations connected with assets included in investment portfolios, conducting settlements) • typical front-office operations complemented with analytical functionality (e.g. order and transaction service, order generators, portfolio structure analysis, liquidity analysis, portfolio valuation, control of investment limits, evaluation of management effectiveness). 3 Copyright Comarch 2011
  4. 4. Comarch Asset Management System’s Target Group • large volumes of small investment portfolios (e.g. order generators, ’wholesale’ service of several investment portfolios, executing simultaneous functions for a group of portfolios) • very large investment portfolios (e.g. a complex valuation mechanism or an investment limit control mechanism) 4 Copyright Comarch 2011
  5. 5. • Application structure• Functionality description• Performance and Risk Management• Valuation and Fees• Operations and Bookkeeping• Reports and Analyses• IntegrationCopyright Comarch 2011
  6. 6. Comarch Asset Management Application structure 6 Copyright Comarch 2011
  7. 7. Comarch Asset Management Application structure • Portfolio Management – comprehensive tool that automates the process of asset management, implementation of investment decisions (incl. simulations, generators), registration of orders and transaction settlements, pre- and post- trade compliance, investment limit queries and investigations, portfolio modeling and rebalancing, fee calculation, providing current information on assets under management, cash-flow forecast and integration with market data providers and counterparties. 7 Copyright Comarch 2011
  8. 8. Comarch Asset Management Application structure • Portfolio Management – covers MiFID requirements and reporting in accordance with GIPS™ and AIMR-PPS™ recommendations 8 Copyright Comarch 2011
  9. 9. Comarch Asset Management Application structure • Risk Management – active risk assessment of the managed portfolios using self-created analyses and verification of the correctness of the used solutions and management strategies – complex derivative market products which are able to hedge business risk areas – allows to make more effective investment decisions – allows to increase product range – allows to focus on their core business 9 Copyright Comarch 2011
  10. 10. Comarch Asset Management Application structure • Performance Measurement and Attribution – assess the strengths and weaknesses of the chosen investment strategy – make appropriate investment decisions that maximize profitability and minimize the portfolio risk – increase profitability of the managed portfolios – increases the competitiveness of the institution10 Copyright Comarch 2011
  11. 11. Comarch Asset Management Application structure • Fund Valuation – portfolio and fund bookkeeping, valuation, payments and settlements – processes financial and quantitative bookkeeping, stores all transactions and payment orders, enables appropriate disposal processes of blocks of instruments during a sale, handles settlements and deliveries, calculates commissions and eventually valuates and generates reports11 Copyright Comarch 2011
  12. 12. Comarch Asset Management Application structure • Fund Valuation – possible to define an algorithm for market selection and select quotation methods for pricing purposes – possible to create a company investment policy under the applicable law and the adaption of company investment policy to both internal and regulatory needs12 Copyright Comarch 2011
  13. 13. Comarch Asset Management Application structure • CUBE Analysis Tool – analysis and ad-hoc report creation – reporting on portfolio structure and investments, transaction history and valuation – both flat and matrix analyses – usability: drag & drop and slice & dice utilities – easy use by anyone, not only by skilled power users13 Copyright Comarch 2011
  14. 14. Comarch Asset Management Functionality description • Online operations • Model portfolios and benchmarks • Order management • Investment limits • Financial instruments serviced by the system14 Copyright Comarch 2011
  15. 15. Comarch Asset Management Performance and Risk Management • Performance measurement • Global Investment Performance Standards™ • Performance attribution • Derivatives and structured products • Risk ratios and statistics • What if scenario analysis • Backtesting • Portfolio optimization15 Copyright Comarch 2011
  16. 16. Comarch Asset Management Valuation and Fees • Valuation • Fees and commissions • Parallel valuations16 Copyright Comarch 2011
  17. 17. Comarch Asset Management Operations and Bookkeeping • Primary and secondary market • Operations and rights on securities • Financial operations • Securities disposal methods • Records and bookkeeping17 Copyright Comarch 2011
  18. 18. Comarch Asset Management Reports and Analyses • The reports module • CUBE Analysis Tool18 Copyright Comarch 2011
  19. 19. Comarch Asset Management Integration • Data Exchange with other systems – interfaces to: • online market information systems • information systems through which stored catalogue data is updated • transaction systems • general ledger • accounting and clearance systems • office applications19 Copyright Comarch 2011
  20. 20. Thank youwww.assetmanagement.comarch.comCopyright Comarch 2011