Opturo offers expertise in building powerful and real-time multi-asset Risk and Performance Portfolio Management Solutions that equip the Fund Manager to powerfully leverage Opturo’s competencies to support the management of portfolios and the generation alpha.

The following are some of the core capabilities:

Fund/Benchmark/Market

• Flexible Fund/Benchmark/Market loading capability to analyze the portfolio from every angle.
• Ability to compare: fund vs. benchmark, fund vs. fund, benchmark vs. benchmark.
• Supports selection of benchmark or fund as Market for calculation of Predicted Beta.
• Ability to filter Fund/Benchmark/Market by any combination of GICS, Region, Country, Market Capitalization or any other appropriate classification.

 

Portfolio Risk Monitoring

• Ability to scroll through an assortment of third-party/in-house Factor based Risk Models and view the fund’s risk characteristics generated by the model.
• Comprehensive risk profile workup on the fund/strategy.  Following are some of the prominent characteristics:
• Tracking Error (TE), Total Risk, Risk breakdown by each of the model factors, Percentage of TE due to each of the risk factors, Marginal contribution to risk for each stock in the fund and benchmark, Contribution to TE due to each stock in the fund and benchmark.
• Beta calculated for each stock for the selected market in the fund and benchmark and then rolled up to the fund level, and also to long and short fund level for relevant strategies.
• Calculation of Leverage for alternative strategies like Long-Short and 130/30.
• Value at Risk (VaR): for the fund at the selected confidence level and time horizon.
• Risk factor exposure by stock for the selected risk model.  Rolled-up by factor to the fund, benchmark, and relative levels.
• Fund, Benchmark, and Active weight exposure by each of the GICS, Region, and Country classifications.  It also supports exposures for Market Capitalization, Fundamental factors, and rating measure buckets.
• Ability to set limits on any risk characteristics like TE, Beta, and Exposure.  An email is generated when either limit is met or exceeded.
• Fund and Benchmark weighted average (simple or harmonic) of one of the Fundamental factors like Market Capitalization, Price/Earning, Price/Book etc.  Calculate weighted average of the fundamental ratios at the sub-portfolio level (GICS, Region, Country etc.).

 

Real-time Fund Performance Monitoring

• Absolute and relative Fund Performance calculated in real-time, with market data, from pricing sources like Reuters, Bloomberg and other real-time data providers.
• Comprehensive active return and risk attribution for Brinson-type market effects and investment decisions regarding on Model Risk factors, GICS/ Region/Country classifications and Market Capitalization, Duration/OAS, Fundamental factor and Rating measure buckets.
• Impact list that displays securities contribution ordered by contributors and detractors.
• Remote fund performance and attribution reporting capability via automatically generated email that is Black Berry friendly.

 

Historical Fund Performance Analysis

• Run historical multi-factor attribution for any specified date range.
• Comprehensive active return and risk attribution for Brinson-type market effects and investment decisions regarding on Model Risk factors, GICS/ Region/Country classifications and Market Capitalization, Duration/OAS, Fundamental factor and Rating measure buckets.
• Impact List that displays each stock’s contribution to the fund’s absolute and relative performance over the selected date range.
• Track Risk characteristics like TE, Beta, Leverage, and Exposure over the selected date range.

 

Fund Comparison & Analysis

• Compare the weighted exposure of two or more funds by GICS/Region/Country classifications and Market Capitalization, Fundamental factors and Rating measure buckets.
• Ability to compare the risk factor exposure of two or more funds.
• Compare holdings between two or more funds.
• Generate baskets of funds that are either equal-weighted or have assigned allocation weights.  Get all relevant Performance & Risk characteristics, real-time and historical multi-factor performance & attribution.

 

Trade Entry, Rebalancing and Order Generation

• Generate trades in two modes: Rebalance by cash and Rebalance by slice.  Trades can be entered either in terms of weight, shares, or position value.

• Ability to clone funds.  Cloned funds replicate the weights of the Model or Lead fund.
• Trade generation will trigger a post risk characteristic, weight exposure, factor exposure calculation and important what-if scenario capability that provide a fund risk profile summary and post trade analysis.