Opturo® Desktop for Investments (ODIN) is a web-based financial desktop offering a range of enterprise-level front-office applications.

Performance & Attribution Manager is a comprehensive, low-latency web-based in-house solution geared towards significantly reducing the cost of analyzing portfolio performance.  It has the design flexibility to decompose and analyze the investment process, thus, providing important answers to both the firm and its investors.

ODIN offers innovative, industry-first features including time-series data visualization and dynamic filtering on multiple segments.

Click here to read how Opturo differentiates itself.

THE OPTURO ADVANTAGE

• Real-Time Reporting: Option to have any and all stored or currently viewed reports updated as external market data, holdings and trade data change, supporting any period from any specified start date to any close date or to the current moment. E.g. Date-To-Time Performance and Risk Attribution from the third quarter of last year to the current moment using up-to-the-moment prices and positions. It interfaces with various real-time market data providers including Bloomberg® (Terminal and server products), Interactive Data®, Reuters®, Yahoo® Finance and Google® Finance.
• Exact Performance: Built upon daily, component-level, multi-currency returns for both longs and shorts. Includes intra-day transactions, corporate actions, over-night cash flows and tax reclaim to provide accurate weights and returns for performance reporting and attribution.
• Multi-Asset: Comprehensive and mutually consistent equity and fixed income attribution.
• Portfolio-Specific Attribution Models: Implementation of both arithmetic and geometric attribution models based on the client’s specification of the actual investment decision process. Click here for more information.
• Market Definition: Allows definition of a market other than the benchmark for calculation of Beta analytics.
• Multi-period Attribution:Supports Daily and Monthly multi-period attributions. The support for monthly attributions allows firms to run longer-term period attributions when daily holdings do not exist.
• Decision Tree Drill-down Capability: Cascading decision tree also supports custom cascading, variable-period, long and short, balanced equity and fixed income portfolios, while employing exact follow-the-money trade-based returns.
• Risk Attribution: In perfect parallel to performance attribution calculates the effects of each (kind of) investment decision on any defined risk characteristic. For example, if currency hedging was one of the decisions that constructed the portfolio, and caused the active return to change by a calculated amount, risk attribution assesses the amount by which that same investment decision caused the information ratio to change.
• Value Attribution: In perfect parallel to performance and risk attribution, which calculate the effects of each (kind of) investment decision on the active return and active risk of the fund over combinations of multiple periods, Opturo also calculates the effects of these exact same decisions on the active P&L (gain/loss) in dollars (or in any base currency). For example, if imposing a different average market cap on the tech sector of a fund than that imposed by the benchmark was one of the decisions that constructed the fund, and caused the active return and the information ratio to increase by calculated amounts, then Value Attribution assesses the amount by which that same investment decision caused the active gain, in dollars, to increase. So Opturo’s Value Attribution report might show that the market cap decision in technology gained the fund $2M more than the benchmark. Then, the total of all the value attributes, measured in dollars, equals the amount by which the fund’s P&L was greater than the P&L of the benchmark with the same external cash flows during the period.
• Open System Design: Enables customization to meet client operational and reporting requirements.
• Time-series Data Visualization: Industry first implementation of true temporal data visualization for in-depth analysis.
• Improved Calculations: All performance and both arithmetic and geometric attribution terms are calculated so as to ensure their economic meaningfulness, avoiding the all-to-common critical calculation problems endemic in popular alternatives.
• Intra-day Trades: Creates correct return series even in the crucial cases where other packages fail, such as for components of portfolios in the prevalent case where there are intra-day trades that settle after the close.
• Alternative Strategies: Comprehensive support for both long only and alternative strategies including market neutral and 130/30. Click here for more information.
• Accruals: Provides their calculation when there is incomplete accrual pricing input data.
• Data Audit: Reports both incomplete input data and performance results outside customizable performance ranges, as a considerable aid for data scrubbing.
• Rapid Deployment: Leverages our proprietary plug & play technology to offer a quick and cost efficient implementation.
• Multiple Modes: The system can run in both Holdings-based and Transaction modes. In the first, holdings and transactions are externally supplied while, in the second, daily holdings are obtained directly from transactions.
• Carve-out Performance: Can calculate the weights and returns for each defined carve-out and its dedicated cash bucket, for use in GIPS compliant calculations. Click here for more information.
• Fund of Funds: Ability to generate look-through performance & attribution reports for Fund of Funds portfolios with Mutual Funds, ETF’s and Derivatives. Analyze attribution and contribution across multiple decisions and segments including Sector, Industry and Region. Click here for more information.

 

KEY BENETFITS

• Time-series Data Visualization: Industry first implementation of cutting edge data visualization including heat maps, scatter plots and horizon graphs through the time dimension.
• Fast & Efficient Analysis: Optimized low latency attribution engine delivers a 12-month daily attribution report at an average of 45 seconds.
• Long/Short Contribution & Attribution: Support for alternative strategies including Market Neutral and 130/30.
• Multi-Currency: Robust multi-Currency Performance Measurement and Attribution enabling the firm to analyze the impact of currency decisions in the portfolio.
• Dynamic Filtering: Targeted performance analysis on specific segments of the portfolio.
• Custom Reporting: Option to generate customized reports in various output formats including PDF, HTML and Excel.
• Scheduling: Automated delivery of reports through flexible scheduling options.
• Batch Reporting: Generates hundreds of reports per hour.
• Rapid Deployment: Quick & seamless installation using unique data management toolkit.