Tamarac, a provider of portfolio rebalancing and trading software for investment professionals, has expanded its offering to include an integrated suite of portfolio management applications.
According to Tamarac, the new web-based platform Advisor 9, delivers the applications, an RIA needs to manage their back-office cost-effectively. As part of the Advisor 9 platform, it provides its rebalancing and trading application with newly developed performance reporting functionality and a customised version of Microsoft Dynamics CRM (Advisor CRM).
The company said that its new performance reporting combines data from an RIA’s portfolio accounting system with the client’s allocation model and rebalancing data from Tamarac’s rebalancing and trading application. The Advisor CRM provides a single starting point for client and portfolio management workflows. It includes data from the portfolio accounting system as well as model, and rebalancing data from the rebalancing software.
Stuart DePina, CEO of Tamarac, said: Over the course of the last two years we’ve made significant investments to increase the functionality of our core rebalancing offering while enhancing the user experience.
During this process our clients identified ‘tighter integration across their disparate systems’ as a common pain-point. Our primary value proposition has always been to make advisors more efficient, and our new integrated suite extends that benefit across many of the portfolio management workflows used in their office.
