Selestia launched its latest online portfolio analysis tool P-Scan last night and says that if the d...
Selestia launched its latest online portfolio analysis tool P-Scan last night and says that if the demand is there it might consider offering the product to IFAs on a white label basis.
Selestia marketing actuary Richard Leeman says that although the tool has only just been launched, and is intended to be rolled out to existing Selestia clients first, the company has no problems discussing different customer demands.
"We might consider white labelling in future - depending on demand," Leeman adds.
P-Scan enables IFAs to review portfolios of unit trusts and OEICS against benchmarks, indices and IMA sector averages to develop better investment strategies for clients based on data supplied by Financial Express.
IFAs can currently input up to 40 funds within portfolios to scan for excessive total geographic or sector weightings, as well as see whether a portfolio of funds combined holds too much of a particular individual stock.
The number of funds the tool can handle will be increased, Leeman says.
The tool also combines known data to output a general portfolio risk rating, according to Selestia's own proprietary scoring methodology.
P-Scan can also be used in conjunction with Selestia's existing portfolio construction tool to formulate forward looking strategies, in addition to reviewing the past performance of existing portfolios, says Richard Leeman.
The P-Scan process outputs final results in PDF format branded with the Selestia name: white labelling would enable IFAs to output results for clients using their own brands.
Interested IFAs should contact one of Selestia's regional sales managers on 08456-410-410.
Less environment, more governance threatens to undermine firms' green credentials
Evidence your compliance
Quarter of single pensioners dependent on state