Investment Liability Accounting with Management and Reporting
- The Portfolio Pro is a new realization of financial innovation, as it affords users the ability to assess crucial information through the lens of necessary liability instruments. Some of these can be seen below:
- Companies can now access their financial data through the lens of accounting standards for various jurisdictions. For example, financial firms in the United States are easily able to use the GAAP accounting standards. Those outside the United States will find IFRS also available on the software.
- One can also reconcile anticipated earnings with a range of investor-friendly calculation services, which aid with management of portfolios, securities and models throughout all asset classes.
The system is fully compliant with calculations related to the industry:
- Generally Accepted Accounting Principals (GAAP)
- International Financial Reporting Standards (IFRS)
- Securities Industry Association (SIA) guidlines
- Financial Accounting Standards Board (FASB) statements
What You Get With the Portfolio Pro System
Application Security Module
Logons are strictly controlled, and they work with SQL security features or standard Microsoft Windows security components.
General Ledger Module
An accounting statement that has no limits, showing complete lines for both the balance sheet and income statement.
Mark to Market Adjustment Module
Audit logs are used to track backdated mark performances on your portfolios. These are interactions with your market adjustments.
Payment Reconciliation Module
This module accounts for the total amount of cash received and compares it with anticipated values using CUSIP data.
Pledge/Safekeeping and Collateral Tracking Module
Track your collateral with safekeeping information on every purchase and repurchase.
Report Manager Module
This is the quintessential reporting module that takes into account all the essential financial information needed. You can also create custom reports and use filters to access data at a moment’s notice. It features SQL and Crystal Reports services.