iPM Performance proactively monitors rates of return on multiple levels including total portfolio, asset classes, sectors industries, securities and composites on a multi-currency basis. When rates of return fall out of a predetermined range, performance administrators are automatically alerted in real-time and provided with descriptive information to help them validate the return or determine any data discrepancies. The system then guides end users on how to correct data related errors if required.
In addition, iPM Performance proactively monitors all performance composites and alerts performance administrators if portfolios are in violation of the minimum asset level and large cash flow rules as required for GIPS compliance. The system also provides an automated interface with ACA Beacon Verification Services for GIPS Certification. In one click, users can extract all of the information necessary for a GIPS audit saving significant time and eliminating any manual manipulation of data which can be prone to error.