Thomson Reuters PORTIA
Perform V2.0 Highlights
Now Available Thomson Reuters PORTIA Perform 2.0 - delivers
significant new functionality including attribution and after tax performance
Thomson
is excited to announce the release of Thomson Reuters PORTIA Perform 2.0. Since the initial market
release of Thomson Reuters PORTIA Perform i, Thomson has added several key features for performance
measurement that were essential in keeping with the requirements of our existing
clients and the market. Some of these features include criteria-based composite
management, segment tracking, automated workflow for backdated transactions and
presentation style reporting. With the latest release, Perform 2.0 will offer
a single, robust solution to performance, attribution and risk measurement. The
key enhancements added in version 2.0 include:
After-Tax Performance
The
ability to calculate and report pre-liquidation after-tax performance returns
at the total portfolio/composite, segment and security level. Tax rate schedules
can be maintained and stored historically within Thomson Reuters PORTIA Perform and used to calculate
tax on income and gain/loss within the portfolios. Additional features include
the ability to create tax rate schemes that can be applied to multiple portfolios
for easy setup and maintenance.
Attribution
New reporting capabilities
will allow users to choose between single and multi-currency attribution analysis.
Using the same models that exist today within Thomson Portfolio Analytics (single
currency attribution model and Karnosky/Singer), we will offer both holding's-based
attribution as well as transaction-based to accurately record cash flows in performance
calculations. Additional features include the ability to run attribution analysis
reports with "nested" segments (i.e. Total Portfolio-->Market Capitalization-->P/E
Ratio), arithmetic multi-period linking when reporting on combined timeframes
and the ability to store total level benchmark information with underlying constituents
and weightings.
Policy Mix and Balanced Benchmarks
Users will
be able to create and store a policy mix for portfolios and composites and choose
to compare their portfolio returns versus a policy mix and/or balanced benchmark.
Example: a user assigns a policy mix of 50% Equity, 40% Fixed Income and 10% Cash
to their portfolio. Each segment is then assigned a benchmark for performance
comparison. At the total portfolio level, Thomson Reuters PORTIA Perform will display a "Policy
Mix Benchmark" which is a blend of each underlying segment's benchmark using the
allocation %'s specified above. Users will have an additional option to compare
their returns against a "Balanced Benchmark" which is a blend of each underlying
segment's benchmark using the actual allocation percentages of the portfolio.
Universe
Reporting
A new 'Universe' report has been added to Thomson Reuters PORTIA Perform that
will allow users to view their portfolio's performance ranking within a universe
or peer group. Universe reporting will allow users to view their ranking at the
total portfolio level or underlying segment level (i.e. Equity Only). Thomson Reuters PORTIA Perform's
flexible interface allows users to import universe data from any third party vendor.
To learn more about Thomson Reuters PORTIA Perform 2.0, please contact your relationship manager. Additionally, the Documentation section of this web-site contains the most recent guides or v2.0.