Opturo has developed VICAP, a comprehensive, multi-currency rapid deployment solution designed to provide a complete composite performance & assets reporting platform for achieving and maintaining GIPS® compliance. It leverages the VIA platform to offer the most comprehensive, flexible and cost effective composite creation-maintenance-reporting solution. VICAP puts GIPS compliance within the reach of any firm.

The notable features are:

• Rapid Deployment: No Implementation (Plug & Play)
• Flexibility: Works in diverse client environments and integrates to all accounting and broker platforms.
• Comprehensive: The platform can be leveraged to perform the following:
  • Composite creation.
  • Inclusion/exclusion rules validation.
  • Daily or monthly account or asset-class level performance (TWR, IRR) calculation with interval threshold.
  • Calculates Bond accruals.
  • Composite performance & assets reporting with custom reports, disclosures and benchmarks.
  • Seamless composite and account data extract for verification firm.
• Support for Carve-out. Click here for more information.

 

VICAP, an end-to-end compliance platform enables Investment Firms:

• To be on the road to GIPS compliance in days instead of months through the rapid deployment of the solution.
• Streamline and automate the new or existing compliance process.
• To ensure that books and records are consistent with custodial books and records on a transactional basis.
• Identify inconsistent data including outlier account level returns.
• Lower the overall cost of compliance.
• To become compliant quickly.

 

This product is used to generate composite and portfolio performance and asset reports.  It can be used to streamline and automate the generation of daily, monthly, quarterly, and annual composite and portfolio performance reports for internal and external reporting needs.  Leveraging the VIA platform, customized reports can be generated in PDF, Excel and Word, or report data can be exported to a relational data warehouse.  It has comprehensive support for custom disclosures and company footnotes.

THE OPTURO ADVANTAGE

• Plug & Play: Little or no implementation required.  The software works directly with data files extracted from any accounting system.  It can scrub/validate data; calculate missing attributes, including TWR and IRR, at runtime.
• Flexible: Leveraging the VIA platform, it can be configured quickly and efficiently to create comprehensive composite & portfolio performance reports in diverse investment firms.
• Multi-Period Reporting: Supports the creation of Daily, Monthly, Quarterly and Annual composite and portfolio performance and assets reports.
• Multi-Currency: FX Conversion module of VIA provides a robust multi-currency reporting capability.
• Powerful Performance Analytics: Comprehensive return and risk characteristics with growth and return distribution graphs.

 

 

KEY BENETFITS

• Wrap Composites: Calculates Net-of-fees performance for Wrap Composites.
• Multiple Return/Market Value Definitions: Supports multiple composite return and market value definitions.  For instance, it will calculate the composite performance in multiple currencies or returns in gross and net, etc.
• Benchmark Definition: Supports the definition of multiple benchmarks for each composite or portfolio account.
• GIPS Guidelines: Supports current and projected GIPS composite performance reporting guidelines.
• Disclosures & Footnotes: Ability to include custom disclosures and footnotes.
• Custom Reporting: Generation of custom composite and portfolio performance reports in multiple formats including PDF, HTML and Excel.