The FixedInterestEngine was developed in Australia by an Australian Fixed Interest Manager as an economical front office system to manage Australian Debt Portfolios. The system is designed around the needs and requirements of the fund manager. The system is designed to accept almost all debt assets available in the Australian Market and to satisfy all market conventions.
The FixedInterestEngine can be used on a standalone PC or by multiple users on a network. Each user is granted privileges including the ability to access or deal for each portfolio.
The FixedInterestEngine checks each portfolio for mandate compliance each day and on each transaction and maintains a violation record. The mandate system is very flexible and can be different for each portfolio.
A complete record of each deal is retained and historical portfolios can be recreated. For each portfolio, performance is calculated on a daily basis, chain linked and stored in the database.
The system has a user configurable reporting engine. Reports include holdings, purchases, sales and bank transactions over any period and the user has the ability to select from a range of fields and sort the results is various ways. The report can be saved to pdf, printed or sent to Excel.
Yields can be imported from Bloomberg pricing service and data from IRESS and wherever possible we have made it possible to export data to Excel.
Under arrangement we can provide the system installed on a laptop for user to trial.
Who should use the Fixed Interest Engine?
The system is designed for investors managing Australian fixed interest or cash portfolios in house. As part of our value proposition, Heuristics undertake to ensure the system is setup for the user's requirements, to provide training, to update the system for market changes and modify the system by arrangement to meet specific requirements. It is particularly suitable for Industry funds, non-profit organisations or insurance companies.