AUTOMATED REPORTING
PROBLEM
A mid-sized fund manager had a time consuming and error-prone manual workflow for updating portfolios at the end of the day’s trading.Executed trades were downloaded from EMSX and calculations performed in Excel to manage commissions and recalculate portfolios.The resulting positions were then uploaded into PORT and the revised portfolios only visible once this was completed.
SOLUTION
We installed the RT Bridge allowing the client’s systems to talk to all elements of the Bloomberg environment. We automated the manual workflows and exported the updated portfolio into PORT.In addition, we built a live monitoring tool allowing portfolio managers and traders to view positions in real-time.
OUTCOME
PMs focus on investing without worrying that their portfolios are not up-to-date.Traders concentrate on execution rather than updating positions and end-of-day reporting.This is a significant time saving and eliminates costly errors and omissions.In addition, management and compliance have control over internal workflows and may monitor the system for missing data and incomplete processes.
Built with dedicated development, testing and production environments
