Portfolios - Investment sessions - Allocations  - Positions - Compliance - Analysis - Products

The Front Office module provides a listing of the products maintained in Webfolio to allow analysts and product managers the ability to add funds and update manager selection information.

Product Types:
Products tracked in Webfolio consist of:

• Funds (including funds of funds, hedge funds, fund series, and classes)

• Stocks (equities)

• Foreign exchange spot and forward rates

• Futures (including interest rate, commodity, and currency futures)

• Interest rates

• Indexes (including composite indexes)

• Universes (collections of products).

All the products (except universes, which have their own window) can be viewed via the Products window. 

Use of Products in Webfolio:
Portfolios consist of cash, positions in one or more products (particularly funds) called underlyings (underlying assets), and in forex trades. Fund products themselves can consist of investments in other products. Portfolio operations acquire or redeem shares in funds and equities and contract for spot and future forex. These positions are evaluated and gain/loss is calculated. A portfolio’s performance (liquidity, return, and volatility) is based on the performance of its underlying products. Correlation and covariance tables are derived from the relationship between the products in a portfolio.

Compliance rules for a portfolio are tested primarily against a portfolio’s underlyings. Rules derived from portfolio properties, and the percentage allocation or count of the properties in, for example, currency, sector, style, or region, are checked against the actual positions of the portfolio. The results of checking against these rules are shown in constraint reports.

Sources of Product Information:
Product properties and quotations are acquired through data providers, due diligence on funds, and internal information (if, for example, the fund is an internally published portfolio). Other products are described in prospectuses and market information. This information can be manually input, acquired via quote provider, or imported using Webfolio's import tools.

Management Functions from the Products Window:

• Create a new product

• View the Products window tailored to the selected product type

• Show Product tools:

  • View product positions

  • Add the product to the optional streaming data ticker bar

  • Create product reports (Comparison, One Page, and Quant Fact Sheet)

  • Edit (manage) quotes

  • View the product’s chart in a separate window

  • View the Quote Market events (corporate actions)

  • View the Quote Validation rules and run quote validations

  • View the Quote Comparisons window

• Remove (erase) the product from the database (administrator-only)

• Show (or Hide) the Detail Pane chart at the bottom of the product window

• Copy selected lines or the entire table

• Print product reports

Capacity Planning:
The Front Office Module can track total and available fund capacities using the quotation capture system, as well as updates from current allocations so that it can be a rule in determining eligibility of a fund for an allocation. This window resembles the standard Product window in the front and back office modules, except that the Total Capacity and Remaining Capacity columns are prominently displayed.

When available capacities for closed funds are updated, the front officer can sort the fund list (in currency and amount order) by clicking on the Remaining Capacity column in this Window to see the list of potentially eligible funds. The most recent information on total capacity is displayed, and the remaining capacity is calculated by deducting the allocations.

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