IFA fund platform Selestia is expecting to launch additional portfolio by the end of June to provide...
IFA fund platform Selestia is expecting to launch additional portfolio by the end of June to provide clients with a huge array of analysis and report-building on fund portfolios.
Called P-Scan, the portfolio analysis tool is able to create PDF-format reports containing in-depth performance and risk analysis, portfolio performance charts, aggregated back-tested portfolio performance data as well as analysis of geographical and sector weightings, all of which can then be printed or sent to a client.
P-Scan was designed to help IFAs manage the investment adviser's workload by highlighting an individual client's exposure to particular stocks or asset allocations, and giving intermediaries the chance to respond to each client's portfolio fluctuations.
Design and build of the new tools was outsourced by Selestia to Financial Express, the company behind TrustNet and UK Wire and the firm which also supplies much of the price, performance and factsheet data for P-Scan through the Financial Express Webfund service.
Performance and risk analysis is able to cope with Alpha, Beta, Sharpe Ratios and other standard deviations, while performance charts can be benchmarked against different indices and sectors.
Further asset class breakdowns and top ten stock holdings will also offered as part of the investment analysis top provide the customised client analysis says Bill Vasilieff, marketing director at Selestia.
"P-Scan will enable the IFA to take a snap shot of the client's existing investments, investigate their top ten holdings as well as their geographic exposure," says Vasilieff.
"This will enable the IFA to clearly access and compare the risk element of the existing portfolio with the client's current attitude to investment risk as outlined in the risk profiler. P-Scan will also provide the IFA with the facility to back test portfolios, comparing them with past performance tables if desired," he adds.
Testing of the system has been completed by IFAs, and any small adjustments should be finished in time for launch, says Selestia.
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