Back to all Refinitiv announcements


NEW YORK, NY, November 8, 2004 -- Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC, TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced that Thomson PORTIA, the industry’s leading portfolio management system, is launching a powerful new performance measurement tool, PORTIA Perform. PORTIA Perform transforms investment data into compelling performance analysis for presentation and review by staff and clients, and prospects around the globe. Currently available, the new system is designed to meet contemporary requirements for performance measurement, risk calculation and reporting.

PORTIA Perform’s deep functionality provides precise, daily securities level, segment level, and multicurrency performance measurement, along with flexible composite and dynamic segmentation capabilities. It is highly scalable and supports high and low volumes of accounts and performance measurement frequencies. Based on advanced technology and an open architecture, PORTIA Perform is fully integrated with the Thomson PORTIA suite of products, and will be available as a stand alone, supporting a wide range of integration needs. PORTIA Perform’s enhanced functionality serves to establish it as the next generation platform for performance measurement.

Thomson has concluded a successful round of testing with a group of Thomson PORTIA clients, according to Christen Bremner, senior vice president, Global Transactions Services, Thomson Financial. "There’s no doubt from our testing that PORTIA Perform will make it possible for asset managers to demonstrate investment results with greater transparency and build an environment of credibility and trust with the client," said Bremner.

"The launch of PORTIA Perform reinforces Thomson PORTIA’s reputation as the industry’s most trusted, reliable and powerful middle to back-office tool for investment management firms," said Ken Wagner, chief operating officer, Global Transaction Services, Thomson Financial. "The system’s advanced analysis and reporting capabilities help to address new industry requirements while its power and flexibility enables one to make fully informed investment decisions," said Wagner.

PORTIA Perform achieves faster measurement of data by compiling performance history daily, which is the basis for all performance and risk calculations. It provides performance and measurement reporting in an unlimited number of currencies, and makes it possible to analyze entire industries quickly and efficiently by classifying performance into segments or segment groups. The system affords an unlimited number of composites, comprised of unlimited numbers of portfolios, and allows for unlimited amount of index data to be imported and used as benchmarks on performance reports. Advanced reporting capabilities include a suite of customizable report templates for the delivery of clear and concise performance reports either by browser or server.