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TrustNet
Add-On Module Overview

Investment Scorecard Interface

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FUNCTION:


  Investment Scorecard is the industry leader in performance reporting. They offer a suite of sophisticated performance analysis reports that enable each client to monitor adherence to the Global Investment Performance Standards (GIPS®) established by the CFA Institute (formerly AIMR). Reporting options include paper or web.

If you would like to attract more investment-savvy clients, this interface should be an important part of your suite of services. Having an independent third party calculate your performance gives more authoritative weight to the results.

The TrustNet interface with Investment Scorecard seamlessly transmits transactions and positions that import to their database. The typical cycle is for you to finish month-end processing, prepare statements, then transmit the entire month to Scorecard. They can also accept transmissions on a daily basis if needed.

The Investment Scorecard staff will help you configure your reporting options, which can be different for different groups of clients. For example, you might ask that certain clients have access to the Scorecard website and that others receive only paper statements. You can choose to have the statements mailed to directly to your clients, or to your office for review.

The TrustNet interface module includes two programs:
 
 
  • Investment Scorecard Account Maintenance is where you set up each account that will be included in the export. You can designate the service code for each one so Investment Scorecard will know what reports to prepare.
     
  • Export to Investment Scorecard creates a file that contains:
    • account information, such as name, service code, investment objectives and officer code
    • transactions for the month, plus any backdated transactions not sent previously
    • security positions as of month-end
    • details on each security, such as name, coupon rate, call dates and ratings
    • market prices for each security as of month-end

After you create the export file, it is transmitted to the Investment Scorecard FTP site using PGP encryption.
   

BENEFITS:


 

The Investment Scorecard Interface adds value to the core system by …
       
 
  • providing access to performance experts who will review your data, especially the handling of complex corporate actions to ensure accuracy.
     
  • providing a complete outsourced solution that frees your staff to focus on other important tasks.
     
  • giving you access to a broad range of performance analysis tools so you can attract market-savvy clients using their web-based solution.
     
  • providing flexibility so you can select the reporting package that best fits each client.
     
  • allowing access to customized management reports that provide board-level review to track total asset growth, investment model performance as well as departmental performance.
     
  • allowing choices including the following:
    • review performance by class, subclass or individual asset
    • measurement against corresponding benchmarks
    • performance factors such as risk vs. return, sector attribution and bond analytics
    • export data into convenient formats for personal financial management
    • access current and historical standardized PDF reports
    • consolidated reporting by investment objective groups or by family group

COMPLEMENTARY MODULES:


 
  • Market pricing import from Interactive Data. The month-end IDSI service provides a standard data feed. The Remote Plus service can be used at any frequency and includes many flexible data options.
     
  • The Performance Measurement module in TrustNet could be used for accounts that do not need the depth of analysis that Scorecard provides. The historical performance returns calculated in this module can be printed on the summary pages of our customer reports and Premium Landscape Statements.