Boston, MA 09/09/2014 (wallstreetpr) – According to reports, Broadridge Financial Solutions, Inc. (NYSE:BR) and BI-SAM have decided to come up with a hedge fund solution platform. The name of this hedge fund platform will be Broadridge Investment Management Solutions (IMS) Performance Reporting. The main focused areas of this IMS will include order management, risk reporting, portfolio management and a data warehouse.
How is this beneficial for normal investment executives:
As per the information made available by the management of BR, the newly launched Broadridge Performance Reporting system makes it possible for investment managers to receive daily performance calculations of their desired funds. These calculations can be customized as per their needs and requirements. This platform will be powered by the best in class B-One of BI-SAM, which is a performance calculation engine. Along with B-One, the new IMS will also be equipped with the latest investment management technology of Broadridge Financial Solutions, Inc. (NYSE:BR). Combination of both these technologies doesn’t only enhance the performance of the new hedge fund solution platform, but also make it cost effective and beneficial in the long run.
One can easily calculate time-weighted returns at multiple levels, benchmark comparisons, internal rates of return at fund level and the market segment decomposition. With the help of this platform, all the investment managers and other professionals will be able to differentiate their offerings by introducing performance measurement tools. The numerical data can also be represented in the form of charts and tables with the help of this new platform. The best part about this new platform is that people will be able to see the complete financial performance of their funds, including tables and charts on their mobiles and iPads.
The time is changing, so as technology; hence, there is a huge requirement for such tools or platforms that can help investment managers to compile huge data and use it accordingly. IMS can surely fulfill the industrial requirement in an effective manner.
