Thomson Reuters PORTIA Roadmap - a look at 2008
As we continue to add significant new functional and technical capabilities
to Thomson Reuters PORTIA, there are a number of major development projects that we would like
to update you on. The current iteration of Thomson Reuters PORTIA v9.0 includes a CRM Adapter
which will provide generic support to any CRM but will be specifically integrated
with Microsoft CRM. We are also making steady progress on our next release of
Thomson Reuters PORTIA Perform, v3.0 which will include Fixed Income Attribution. We are also
planning a new flexible Client Billing module for Thomson Reuters PORTIA v9.1. Below are some
of the key highlights of what is planned for the coming year.
Customer Relationship Management (CRM) Currently Available
Throughout recent years, Customer Relationship Management (CRM) integration
has been an important option for our clients. An interface is currently available
in Thomson Reuters PORTIA v9.0.9 (released March 21, 2008) with direct interfacing with Microsoft
CRM. Portfolio managers will now be able to see their clients' account valuation
and performance from within the CRM. Although we have built the integration
with Microsoft's product, the adapter will provide an adaptable framework which
will allow integration with other CRM systems with minimal customization.
Name list security on the Client Master Table
To ensure proper security, portfolio-level name list security is being extended
to the client table so that users will have restricted access to view only those
Clients that are linked to a portfolio for which the user has clearance. Users
will have clearance to portfolios based on manager lists. If a user has access
to a particular manager, they can now view portfolios to which that manager
is assigned. This enhancement takes that security a step further and extends
the clearance from the portfolio to the client. So, a user will only be able
to see clients that are linked to portfolios for which the user has clearance
based on his manager permissions. This enhancement is also currently available.
Fixed Income Attribution
Another exciting addition coming to Thomson Reuters PORTIA Perform is Fixed Income Attribution.
Fixed Income Attribution provides a much deeper level of information than is
available from a simple portfolio performance report. Measuring returns generated
by various sources of risk in a fixed income portfolio, particularly when multiple
sources of return are active at the same time is rapidly growing in importance
in the investment industry. It is important to note that Thomson Reuters PORTIA Performs attribution
uses the Campisi Method of transactional based attribution which places Thomson Reuters PORTIA
in line with CFA Institute recommended approach. Initial availability of Fixed
Income Attribution is anticipated in late Q2.
Client Billing
Thomson Reuters PORTIA's new Client Billing module offers a complete billing solution for your
entire enterprise through offering multiple calculations to asses primary and
secondary level fees, fees based on portfolio customer-specified portfolio value,
performance, and security segments, as well as to support tier-based billing
structures. Fees will be calculated in a variety of new ways, including performance
hurdles, tiers, flat fees and straight percentages for any given time period.
Additionally, presentation quality invoices will be available through the use
of external reporting tools, such as eReports. Invoices will also allow grouping
of multiple portfolios into one invoice. Initial availability for Client Billing
is anticipated early Q3.
We are very excited about our Thomson Reuters PORTIA Roadmap for 2008! Stay tuned for updates
on v10 in the upcoming months. If you have any questions, please contact your
Relationship Manager for additional information.