Simplify current and historical reporting
Smart allows for multiple bank or credit enhancers, asset backed issuers, and other aspects of short maturity bonds. Smart correctly models the features of floating rate instruments, puts (optional and mandatory), and other “gotchas” that are often shoehorned into accounting or long bond-oriented systems. These many features eliminate the need (and potential error) of hand-maintaining many current and historical spreadsheets.
Because Smart captures transactions and maintains portfolio history, the system can readily re-wind portfolios to any post-installation date. All reports, graphs, and compliance tests can be re-created on historical dates with accuracy.
Smart maintains a palette of historical portfolio average statistics, as well as statistics by bond. Changes in portfolio structure over time can be easily evaluated using Smart’s reports and graphs. With this flexibility you can easily determine what has changed since your last board or client presentation. This flexibility saves hours producing polished presentation material.
You can be certain that the historical data exactly matches the “state of the portfolio” on a date in the past. This includes ratings changes, bond status changes (such as pre-refunding in the case of tax-exempts), historical coupon rates, and other “moving parts” of short maturity portfolios.
Because Smart includes a robust and flexible report writer, users can create their own specific reports, sort orders, and column layouts as needed. Once these reports or graphs are created, they will also work historically.
Investortools, Inc. serves institutional investment organizations by providing portfolio management and credit analysis systems. Our products and services are designed, produced and enhanced to assist users in their analyses and presentations relating to fixed income investment securities.
In addition to our standard products, we serve clients requiring system specialization by designing and implementing customized systems.
Our clients include mutual fund investment advisors, bank trust departments, insurance companies, investment counselors and securities dealers. Our systems are used by portfolio managers, portfolio analysts, securities analysts, representatives of securities dealers and other investment professionals.
Founded in 1983 and incorporated in 1985, we are located in Yorkville, Illinois in the Chicago area.