Target Groups
Our products Allocare AMS and Allocare WEB provide appropriate solutions for the following target groups:
Asset Manager
Regulatory requirements in portfolio management
There are a wide range of regulatory requirements that must be complied with when managing and controlling funds or customer portfolios.
As a professional tool for portfolio management, analysis and reporting, Allocare AMS has first-class features. It supports the implementation of regulatory requirements, such as fund rule checking under MIFID II and in future also for FIDLEG.
Here an overview of the functionalities:
- Checking of fund rules
Various country-specific, compulsory legal rule sets such as BVV2, KAG, KVG, UCITS V, MIFID II, but also individual rules/constraints of funds/portfolios - Breach management (monitoring of rule violations)
- Compliance monitoring and MIFID II reporting (transaction reporting)
- Trade order management (single or block orders and rebalancing, recording and release of orders via detailed status sequences)
- Comparison of customer portfolios with (individual composite) benchmark and model portfolios, also automated
- "on-the-fly" portfolio analysis and – (real time) evaluation of all classes of investment
- Performance measurement
(TWR, MWR, IRR, relative attribution, fixed income attribution, etc.) - Risk management
(VaR, stress testing, scenario analysis, etc.) - Multilingual, detailed fund and customer reporting in the look and feel of the asset manager
- User rights for features and reports for different roles (e.g. Portfolio Manager, Compliance and Relationship Manager)
- Online access
Wealth Manager and Family Office
Tailored customer service while complying with regulatory requirements
Do you want to provide tailored support to your customers while fulfilling the diverse regulatory requirements?
As a professional tool for portfolio management, analysis and reporting, Allocare AMS has first-class features. It supports the implementation of regulatory requirements, such as fund rule checking under MIFID II and in future also for FIDLEG.
Here an overview of the functionalities:
- Customer compliance monitoring
- Multilingual, automated customer reporting per portfolio or also consolidated with non-bank assets
(different report books can be defined for individual customers, customer groups, legal entities and other consolidation rules) - Fee calculation
(automated calculation of management, performance and transaction fees) - "on the fly" portfolio analysis and - (real time) evaluation of all investment classes
(comparison with (composite) benchmarks and model portfolios on all levels) - Performance measurement
(TWR. MWR, IRR, performance attribution, etc.) - Portfolio and fund management
(order management, individual and block orders, rebalancing and pre/post-trade checking of legal and individual fund rules) - Online access for end customers and/or relationship manager
Service Provider
Efficient data management and individual reporting
Efficient data storage and position management form the basis for tailored analyses and reports.
As a professional tool for portfolio management, analysis and reporting, Allocare AMS has first-class features. It supports you in fulfilling the diverse requirements of your customers.
Here an overview of the functionalities:
- Various standard interfaces with custodian banks and market data providers with reconciliation tool
- Online access for end customers or asset managers
- Multilingual, automated customer reporting per portfolio or also consolidated with non-bank assets
(different report books can be defined for individual customers, customer groups, legal entities or other aggregations)
Layout can be defined per entity (white labeling) - "on the fly" portfolio analysis and performance measurement on all levels
- Performance measurement
(TWR. MWR, IRR, performance attribution, etc.) - Portfolio and fund management
(order management: individual and block orders, rebalancing, checking of legal and individual fund rules) - Fee calculation
(automated calculation of management, performance and transaction fees) - and much more
Bank
Compliance and portfolio management
There are a wide variety of requirements that must be complied with in asset management and portfolio management. Risk, compliance and regulatory requirements, such as MIFID II and in future FIDLEG are relevant topics. Your customers have high expectations on your performance measurement, asset consolidation and reporting capabilities.
Allocare AMS is a professional tool that supports your compliance and risk management teams as well as your portfolio and relationship managers. It has interfaces with the established core banking systems and market data providers. A wide variety of banks also use Allocare AMS for global custody reporting.
Here an overview of the functionalities:
- Checking fund rules
Various country-specific, compulsory legal rule sets such as BVV2, KAG, KVG, UCITS V, MIFID II, but also individual rules/constraints of funds/portfolios - Breach management (monitoring of rule violations)
- Compliance monitoring and MIFID II reporting (transaction reporting)
- Risk management
(VaR, stress testing, scenario analysis, etc.) - Trade order management (individual and block orders and rebalancing, recording and release of orders via detailed status sequences)
- Comparison of customer portfolios with (individual composite) benchmark and model portfolios, also automated
- "on the fly" portfolio analysis and – (real time) evaluation of all classes of investment
- Performance measurement
(TWR, MWR, IRR, relative attribution, fixed income attribution, etc.) - Multilingual, detailed fund and (consolidated) customer reporting with different report books for different customer segments
- User access rights for features and reports for different roles (Portfolio Manager, Compliance and Relationship Manager)
- Online access for end customers
Pension Funds
Reporting, BVV2 compliance and performance measurement
Boards of trustees and investment committees require meaningful reports for management decisions. In addition, the focus is on regulatory requirements such as BVV2 compliance checks and performance comparisons of different asset managers.
Allocare AMS enables the analysis of the total assets at any time, the taking of management decisions and independent, efficient asset management.
Here an overview of the functionalities:
- Regulatory reporting, such as
BVV2, as well as checking compliance with investment guidelines, but also individual rules/constraints relating specifically to the pension fund - Compliance monitoring and MIFID II reporting (transaction reporting)
- Risk management
(VaR, stress testing, scenario analysis, etc.) - Comparison of portfolios with (individual composite) benchmark and model portfolios, also automated
- "on the fly" portfolio analysis and – (real time) evaluation of all classes of investment
- Performance measurement
(TWR, MWR, IRR, rel. attribution, fixed-income attribution, etc.) - Trade order management (individual and block orders, rebalancing and pre/post-trade checking of legal and individual fund rules)
- Detailed (consolidated) reporting for different governing bodies across all investment classes (including non-bankable assets such as private equity, property, etc.)
- Online access
Insurance Company
Risk analysis and regulatory requirements
As an insurance company you invest your capital considering risk and regulatory requirements.
Allocare AMS supports you in risk analysis and in adhering to investment limits. Your investment decisions are based on data compilations and reports available at all times and reconciled at every level.
Here an overview of the functionalities:
- Checking of fund rules
Various country-specific, compulsory legal rule sets such as BVV2, KAG, KVG, UCITS V, MIFID II, but also individual rules/constraints of funds/portfolios compliance monitoring, pre/post-trade and on simulations, including breach management with audit trail - Risk management
(VaR, stress testing, scenario analysis, etc.) - "on the fly" portfolio analysis and – (real time) evaluation of all classes of investment
- Performance measurement
(TWR, MWR, IRR, rel. attribution, fixed-income attribution, etc.) - Trade order management (individual and block orders, rebalancing and pre/post-trade checking of legal and individual fund rules)
- Automated reporting
MiFID II / MiFIR
New EU finance market guidelines
On January 3, 2018 the “revised Markets in Financial Instruments Directive II” (MiFID II) and “Markets in Financial Instruments Regulation” (MiFIR) came into effect. This legislation is a framework agreement for financial intermediaries which provide their clients with services related to financial instruments, as well as for organized trading in the EEA (European Economic Area). According to the ESMA, the new rules will result in a fairer, safer, more efficient market, greater transparency and enhanced protection of investors.
MiFID II / MiFIR applies to all companies in the finance industry that are domiciled in the EEA or in third countries with branches that provide services in the EEA. MiFID II is applied to all financial instruments in the EEA, commercial centers and stock market-like platforms. In comparison with MiFID I, the relevant investment universe has been expanded significantly.
The MiFID II / MiFIR requirements of the ESMA (European Securities and Markets Authority) are:
Our solutions
Daily MiFID II / MiFIR transaction reporting
MiFIR article 26 (1) requires that companies that perform transactions in financial instruments report all transactions carried out, with accurate details, by the following day at the latest. The report can be made directly to the responsible supervisory authority or via an upstream agency, known as an ARM (approved reporting mechanism).
The daily transaction report can be created in Allocare AMS and sent from there directly to an ARM or to the appropriate supervisory authority. This reporting is ESMA-compliant. It comes with a complete workflow (transaction detection, updating, dispatch).
Classification of the financial products based on the requirement of suitability and appropriateness
Our investment classifiers are suitable for this. These can be defined as desired.
The relevant information can be sourced from data providers such as SIX.
Customer profiling
Our freely definable classifiers can also be used on portfolios or customers (legal entities). Division into different risk classes is a possible area of application.
Monitoring
Guidelines are monitored by means of constraints. A value fluctuation of more than 10% can be detected and reported.