PortfolioShop

PortfolioShop is a portfolio management software offered by PortfolioShop, Inc. that caters to the needs of financial institutions, investment managers, family offices, and service providers. According to the vendor, PortfolioShop provides a range of tools for shadow accounting, performance measurement, client reporting, and risk management. The software is designed to assist banks, custodians, broker-dealers, investment advisors, general partners, high-net-worth families, and family offices in managing their portfolios and making informed investment decisions.

Key Features

Fund Accounting: According to the vendor, PortfolioShop offers purpose-built tools for managing complex fund structures, including capital activity, sub-accounts, side pockets, carried interest, high-water marks, claw-backs, management fees, and incentive fees. These tools are said to provide accurate valuations, integrity checks, and valuable insights into transactional activity.

Portfolio Management: PortfolioShop is equipped with a proven portfolio management engine that allows investment professionals to track investment costs, value assets, measure performance, and calculate risk. The vendor claims that the software provides accurate valuations, integrity checks, and insightful analysis of transactional activity to support informed investment decisions.

General Ledger: According to the vendor, PortfolioShop features a fully integrated general ledger that synchronizes shareholder and investment data, offering a unified view of a firm's operational infrastructure. This feature is said to speed up the financial close process and ensure compliance with reporting demands.

Reporting: PortfolioShop offers a wide range of reports encompassing portfolio management and performance analytics. The vendor states that users can configure automated delivery options and access dashboards and APIs for in-depth analysis of investment data. Additionally, the software allows for customizable reporting package delivery via email, API, or FTP.

Reconciliation: The vendor claims that PortfolioShop provides daily reconciliation of shareholder and security positions, ensuring that investment decisions are based on accurate information. This feature is said to maintain tax versus book allocations for timely reporting and reconcile data from custodial data networks into an Investment Book of Record (IBOR).

Data Aggregation: PortfolioShop allows users to import and normalize data from custodial data networks. According to the vendor, this feature coalesces distributed investment data into a canonical Investment Book of Record (IBOR), providing a single source of truth for investment data. The software is also designed to integrate seamlessly with other operational aspects such as Trading Platforms and Fund Administrators.