PMC uses a real-time, message-based architecture that enables it to integrate directly with Eze Castle Softwareâs order management system, Traders Console, to send and receive real-time updates on trade information. PMC integrates real-time market data from third-party pricing sources for portfolio valuation calculations.
"PMC combines all of the portfolio analytic functionality that existed in Traders Console with many new features such as âwhat-ifâ analytics, sector and multiple asset class modeling, portfolio and portfolio group rebalancing, benchmark analytics, and a real-time blotter to monitor a specific managerâs trading activity," says Rob Keller, director of product management and product manager for PMC. "Our product management and development teams worked closely with clients to ensure all functionality was applicable and logical for their management styles."
Eze Castle Software client JMP Asset Management uses PMC to model and rebalance portfolios, monitor real-time sector and position weightings, and send orders to traders using the Traders Console OMS. "PMCâs functionality is easy to use and crucial to managing our positions," says Darren Bodenhamer, Head Trader of JMP Asset Management. "Its ability to rebalance multiple portfolios, create orders, check pre-trade compliance, and then send the orders to Traders Console has made our portfolio management and trading processes more efficient and linked."