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Fidelity Institutional Wealth Services of Boston announced yesterday that it will integrate a portfolio modeling and rebalancing tool into its planned WealthCentral platform for registered investment advisors.
Last year, we reported on the plans afoot by Fidelity Institutional Wealth Services to launch its
Fidelity WealthCentral platform this fall.
During a demonstration of the prototype rebalancing tool yesterday, Edward O’Brien, senior vice president of Fidelity Institutional Wealth Services, said the rollout of the platform is on schedule.
The portfolio modeling and rebalancing tool is a web-based system that will be designed to allow RIAs to use rules and risk-based-factors to identify, measure, and control portfolio risk for accounts.
Fidelity has partnered with Boston-based Northfield Information Services to build the tool.
Among the features are models that allow advisers to combine multiple portfolio models into individual investment strategies, real-time pricing of trades, support of multicustodied accounts, risk-based reporting and tax-based portfolio rebalancing.
For more information visit Fidelity Institutional Wealth Services.
Eagle Investment Systems LLC, headquartered in West Hartford, Conn., yesterday demonstrated the latest version of its investment management platform.
Among the improvements are more intuitive workflows , the ability to handle multileg swaps for derivatives, a pricing option for direct access to pricing information and the ability to modify the system so users can readily access audit information.
A “dynamic performance analysis” capability was introduced to enable clients to regroup and to support ad hoc analysis and look-though analysis of mutual fund data.
For more information visit Eagle Investment Systems on the Web.
Davis D. Janowski is the technology reporter for InvestmentNews.
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