Products

Rebalancing

SoftVest provides TargetFinder, a browser-based portfolio optimization/rebalancing tool, that can be used alongside a portfolio management system or a web-based trading system to provide portfolio modeling/construction capabilities.

TargetFinder helps investment advisors do the following:

Rebalance portfolios or funds for clients based on model portfolios.
Rebalance by asset allocation for portfolios.
Generate portfolios or funds having specific user-defined requirements, including risk, and security recommendations or return expectations.
Allocate securities across portfolios.

Based on the portfolios generated, TargetFinder can generate trade orders in FIX format, Schwab trade format, or trade formats for other custodians.

TargetFinder supports various classes of security, including equities, options, ETF securities, mutual funds, or fixed income securities.

TargetFinder integrates with Advent Axys or Schwab PortfolioCenter.

TargetFinder can rebalance households, take into account various tax considerations, restrict selling of securities not held for a certain time horizon or that have redemption costs, allow locking of holdings.

Uses:

Rebalance portfolios based on model portfolios.
Create portfolios based on client/investment requirements, including tax considerations.
Create portfolios indexing to a benchmark portfolio.
Create or monitor portfolios based on compliance restrictions.
Testing performance of strategies or models.

Performance Statistics

SoftVest provides industry standard portfolio performance measures, including different measures of return, Sharpe ratios, Sortino ratios, correlation, and other risk measures. These measures can be used to show a portfolio manager's skill.

Clients can generate reports containing these statistics. Clients can also get these statistics by using the calculation engine, which is a .NET library.

Uses:

Performance Reports For Clients.
Internal Performance Review.

Data File Transformer

SoftVest provides a data file transformer for transforming of xml or text files. The transformation can be specificied to change file formats as well as provide aggregation of data, reorder rows, or do other modifications.

Uses:

Transform .csv files generated from Axys reports to files in Schwab Trading format.
Reorganize data in .csv files generated from Axys reports.
Reformat files from data provider to desired format.

Analytics Web Services

The risk profile web service provides the VAR risk measure. VAR measuSoftVest provides web services for performance attribution, portfolio risk profiling, as well as performance statistics. These web services can be used within desktop applications or web applications.

The performance attribution web service provides users with basic attribution, having breakdown by a systematic component and by a residual component which includes breakdown by both sector and industry level.

res the maximum loss expected (or worst case scenario) for a portfolio over a given time period for a given confidence level (e.g. 95% or 99%.) The VAR risk measure includes a breakdown optionally by country, sector, and industry level.

Uses:

Reports For Clients.
Internal Portfolio Review.