3. Comarch Asset Management
System’s Target Group
• addressed to financial market institutions specializing in asset
management, both on their own and when commissioned by
customers.
• typical back-office operations connected with investment portfolio
service (e.g. registration of the company’s and customer’s orders,
conducting operations connected with assets included in investment
portfolios, conducting settlements)
• typical front-office operations complemented with analytical
functionality (e.g. order and transaction service, order generators,
portfolio structure analysis, liquidity analysis, portfolio valuation,
control of investment limits, evaluation of management
effectiveness).
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4. Comarch Asset Management
System’s Target Group
• large volumes of small investment portfolios
(e.g. order generators, ’wholesale’ service of several investment
portfolios, executing simultaneous functions for a group of portfolios)
• very large investment portfolios
(e.g. a complex valuation mechanism or an investment limit control
mechanism)
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5. • Application structure
• Functionality description
• Performance and Risk Management
• Valuation and Fees
• Operations and Bookkeeping
• Reports and Analyses
• Integration
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7. Comarch Asset Management
Application structure
• Portfolio Management
– comprehensive tool that automates the process of
asset management, implementation of investment
decisions (incl. simulations, generators), registration of
orders and transaction settlements, pre- and post-
trade compliance, investment limit queries and
investigations, portfolio modeling and rebalancing, fee
calculation, providing current information on assets
under management, cash-flow forecast and
integration with market data providers and
counterparties.
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8. Comarch Asset Management
Application structure
• Portfolio Management
– covers MiFID requirements and reporting in
accordance with GIPS™ and AIMR-PPS™
recommendations
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9. Comarch Asset Management
Application structure
• Risk Management
– active risk assessment of the managed portfolios
using self-created analyses and verification of the
correctness of the used solutions and management
strategies
– complex derivative market products which are able to
hedge business risk areas
– allows to make more effective investment decisions
– allows to increase product range
– allows to focus on their core business
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10. Comarch Asset Management
Application structure
• Performance Measurement and Attribution
– assess the strengths and weaknesses of the chosen
investment strategy
– make appropriate investment decisions that maximize
profitability and minimize the portfolio risk
– increase profitability of the managed portfolios
– increases the competitiveness of the institution
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11. Comarch Asset Management
Application structure
• Fund Valuation
– portfolio and fund bookkeeping, valuation, payments
and settlements
– processes financial and quantitative bookkeeping,
stores all transactions and payment orders, enables
appropriate disposal processes of blocks of
instruments during a sale, handles settlements and
deliveries, calculates commissions and eventually
valuates and generates reports
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12. Comarch Asset Management
Application structure
• Fund Valuation
– possible to define an algorithm for market selection
and select quotation methods for pricing purposes
– possible to create a company investment policy under
the applicable law and the adaption of company
investment policy to both internal and regulatory
needs
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13. Comarch Asset Management
Application structure
• CUBE Analysis Tool
– analysis and ad-hoc report creation
– reporting on portfolio structure and investments,
transaction history and valuation
– both flat and matrix analyses
– usability: drag & drop and slice & dice utilities
– easy use by anyone, not only by skilled power users
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14. Comarch Asset Management
Functionality description
• Online operations
• Model portfolios and benchmarks
• Order management
• Investment limits
• Financial instruments serviced by the system
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16. Comarch Asset Management
Valuation and Fees
• Valuation
• Fees and commissions
• Parallel valuations
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17. Comarch Asset Management
Operations and Bookkeeping
• Primary and secondary market
• Operations and rights on securities
• Financial operations
• Securities disposal methods
• Records and bookkeeping
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18. Comarch Asset Management
Reports and Analyses
• The reports module
• CUBE Analysis Tool
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19. Comarch Asset Management
Integration
• Data Exchange with other systems
– interfaces to:
• online market information systems
• information systems through which stored catalogue data is
updated
• transaction systems
• general ledger
• accounting and clearance systems
• office applications
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