RE-DEFINING INTEGRATED TECHNOLOGY

Transcription

1 RE-DEFINING INTEGRATED TECHNOLOGY THE VERACEN PLATFORM JUNE 2017

2 Table of Contents 3 Landscape & Challenges 4 Catalysts for Change 5 People, Process & Technology 6 The Veracen Solution 8 The Veracen Platform Capabilities 9 Application Architecture 10 Leveraging Collaborative Expertise 11 Key Differentiators 12 Appendix Sample Views of The Veracen Platform Modules 2

3 Landscape & Challenges Need to do more with less Improved Visibility Stress in the ecosystem Margins consistently under pressure due to increasing operating cost to support expanding regulation, increased information needs and legacy inefficiency. Timely Transparency and tracking of 3 rd Party Managers is integral to the asset allocation process and is a cornerstone for scalability in managing asset flow People dependent processes coupled with multiple legacy platforms and data redundancy create increased operational risk 3

4 Catalysts for Change Fragmented Technology Systems not keeping pace Transparency Information Overload + Gaps Search for Alpha Passive investing a race to the bottom Traditional solutions engineered as silos resulting in multiple Fragmented Disparate Systems Redundancy and inadequate information presents a need for an end to end platform with a core data warehouse and 3rd party manager tracking and reporting Asset allocation facing headwinds in locating, evaluating and maintaining managers that are producing uncorrelated returns 4

5 People, Process & Technology Veracen and Linedata have joined forces to provide fund and technology services enabled by dedicated professionals, industry standard processes and world-class technology to create smart scale and reduce operational risk & overall costs. People Process Technology Highly experienced, passionately dedicated professionals around the globe, providing you with responsive, energetic expert service, 24 hours a day We collaborate with you to deliver customized workflows and procedures to preserve your day-to-day operations and keep you ahead of the competition. Powered by Gravitas Cloud, our world-class technology platform integrates full investment management and support functions into a single application. 5

6 The Veracen Solution The Veracen Platform Investment Management Dashboards The Veracen Platform Access to sophisticated trading models Rebalancing & Allocation tools What-if scenarios Technology Global Portfolio Suite OMS/EMS Pre/post trade compliance Portfolio decision tools Portfolio Management & Accounting Risk Management ROI & attribution Statistical risk measures 3rd Party Manager Support Pre/post investment stats & returns Transparency & attribution 6

7 Why is The Veracen Platform compelling? The Veracen Platform Design Strategy Segregated, Modular Functionality Event Stream Based Processing Standard APIs for Integration Managable, Scalable, Supportable Compelling Intuitive UIs Cloud Infrastructure Ready User Experience Better design = more and happier users Web Technology To facilitate multi-platform delivery Cloud Ready Ability to scale through cloud technology Modularity Clients want easier access to different functions DevOps Ability to automatically update and deploy 7

8 The Veracen Platform Capabilities Reducing vendors, streamlining processes, driving efficiencies, and decreasing costs Fund & Investment Management Capabilities Platform Portfolio Management and Trade Lifecycle Core Capabilities Data Mgmt Portfolio Construction Order Mgmt Post-Trade Operations Investment Management Operations Master Data Warehouse Global Security Master Risk Analytics Model Rotations & Rebalancing Post-Trade Processing Performance & Attribution Multi Ccy / Multi Asset Class Custodian Linkage Research Support Order Entry Post-Trade Compliance Proxy Management Portfolio Management & Accounting ties Market Data Portfolio Analytics Pre-Trade Compliance Collateral Management Revenue Management (Billing) Investment Manager (3rd Party) Tracking Model Construction Order Routing Corporate Actions What If Scenarios What If Scenarios Order Execution Daily Reconcilia-tion 8

9 Application Architecture Fully Integrated Data Warehouse + Dynamic Reporting OMS & Compliance Portfolio Tools & Models Reconciliation Global Security Master Data Warehouse Dashboards & Reporting World Wide Web Client Reports Risk Trading SMA information 9

10 Leveraging Collaborative Expertise Veracen, Linedata, Gravitas & KPMG Creating and end to end platform, intuitive dashboards and proprietary Fixed Income & Equity income portfolio management tools. In concert with Investment management & advisory services Providing all of the global technology supporting the platform OMS/EMS, Compliance, Portfolio Management, Reporting Providing turnkey services to support daily reconciliation, risk management reporting and oversight/management of all technology and global data centers Providing Integration Assistance and Coordination, including Program Management, Operational Readiness (Business Process Re-design, Change Management, Training, etc.), Vendor Coordination, and Industry Guidance 10

11 Key Differentiators Integrated Modular Solution Complete End-to-End Lifecycle New Paradigm - Combo of Technology & Services Access to Advanced Modeling Information Transparency One Data Set Fully Managed Implementation 11

12 Sample Views of The VERACEN Platform Modules Modules Views: The Veracen Platform Dashboards OMS, Compliance & Portfolio Tools Reconciliation Risk Reporting 12

13 Asset Management Dashboard Easy access to essential information 13

14 Strategy Summary Configurable analytics and drill down navigation 14

15 Vera Portfolio Summary Portfolio composition and summary of recent transaction activity 15

16 Sector / Industry Exposure Long, Short, Net and Gross exposure at both Sector and Industry levels 16

17 Portfolio Exposure Summary Long, Short, Net and Gross Exposure at the Portfolio and Fund Level 17

18 Global Multi-Strategy Fund Dashboard Consolidated view of Exposure, P&L and, VAR as well as sensitivity 18

19 Long/Short Equity Exposure and Risk Summary Top 5 Exposure, VaR, Beta, Volatility & Correlation 19

20 Portfolio Rebalancing / Modeling Comprehensive rebalancing and modeling functionality Model Types: Security Targets Concentrated Targets (Sector, Country, etc.) Asset Allocation (IPS) Lead (Perfect) Account Rebalancing to Models: Single Account Macro (Many Accounts) Aggregate (Group/Sleeves) Rebalancing Properties: Track Drift to targets Substitution Tax Consideration Other Order Generation: Cash Rebalance (Sub/Red) Security Switch Bottom Up (Block Creation) 20

21 Pre-trade & Post-trade Compliance Powerful compliance capabilities: efficient via rule parameterization Rule Coverage Included Rule Library with re-usable rule templates Investment Restrictions Restricted/Approved Security Lists Concentration Tests Regulatory Libraries (40 Act, UCITS, etc.) Rule Application Pre & Post Trade Checking Multiple levels of severity Override Support Account/Portfolio and/or Aggregate/Group testing Post-trade breach management Full Audit Trail 21

22 Trade Allocation Broker-matching supported via Omgeo CTM and direct-to-broker FIX allocations Blocking / Order Management Blocking Algorithms support auto-blocking on desk Support for Directed and/or Step-Out Allocation Time-based Allocations (Fair Allocation) Auto Allocation Many Allocation Algorithms Commission/Fee Calculations Tax Relief Support 22

23 Trading Tools: Security Swap & Cash Rebalance Straight forward ability to swap securities 23

24 Vera Dollar Duration Targeting Rebalance Fixed Income portfolios on a Strategy level based on Dollar Duration targeting 24

25 Longview Blotter Flexible, configurable Trade desk blotters can be organized by trader, region, asset class, etc 25

26 Reconciliation Management Dashboard Information concerning reconciliation breaks age, delivery time line of recs, Break age in $ and break counts by action code. 26

27 Reconciliation Summary Transaction Aged Breaks by Action Code and Positions by Matching 27

28 Liquidity Review Liquidity Profile of Long only Equity Fund 28

29 Scenario Analysis Report P&L Impact Single factor shock as well as absolute or relative shock 29

30 Historical Stress Test Report Uses actual risk factor movement during historical event 30

31 Interest Rate Stress Test Single factor shock as well as absolute or relative shock 31

32 Correlation & Comparative Risk Summary Beta with market indices and correlation with fund 32

33 VaR by Classification VaR at any aggregation level 33

34 Counterparty Exposure Exposure and cash balances by counterparty 34

35 Thank You THE VERACEN PLATFORM 35