Portfolio Products are the way in which we reflect investments within a client's portfolio.
- What is a portfolio product within Client Manager?
- Product Feeds - Investments, Datafeeds & Super Ratings
What is a portfolio product within Client Manager?
- Products are the way in which we reflect investments within a client's investment portfolio
- Products can be created in three ways:
1. A Product Feed - such as SuperRatings providing us with data about certain products
2. Investment Datafeeds - such as Macquarie providing information about a specific product
3. Custom Creation - a user can create a bespoke product within the system if required - see here for more information on custom creation
- Products are visible at three levels:
1. System Level - these are standard/generic products as well as products created from datafeeds that are available for all users to see
2. Dealer Level - these are additional products that a Dealer/System Administrator may have created that are available for all users that are part of that Dealer Group to interact with
3. Practice Level - these are products that a normal user has created and they are available for all members of that Practice to interact with
Need more information on the Dealer vs Practice Hierarchy? Look at this article
- Everyday we receive data sounding Managed Funds, ETPs, Ordinary Shares and Bonds which is then what populates information around pricing, asset allocation and product 'Types' - if there are ever discrepancies with this information, we can alert relevant providers to have this rectified
- Data from SuperRatings is provided to us once a fortnight to ensure that we can present a comprehensive list of platforms/products
- Investment Datafeeds provide product and transaction related information
- If we receive data via a Datafeed that contains information for a product that is not currently in the database, the system will create that Product (at Practice level)
- Information such as the asset allocation, instrument, type (tax structure), price/price date, etc are based on the information provided in the Datafeed - if this data is not provided, the system will insert default mapping values