âItâs been very exciting to watch APX grow into a mature, proven product over the past two years, and this new release marks a critical milestone in the productâs evolution â one in which we can declare definitively that APX is the most innovative, comprehensive and reliable portfolio management solution for the asset management industry,â said Pete Hess, Executive Vice President and General Manager for Adventâs Investment Management Group. âBy bundling in performance analytics and enhancing our fixed income calculations and reporting, APX has emerged as the foundation upon which a firm can rely to efficiently and productively grow its business in todayâs increasingly complex market.â
With over 120 clients in 13 countries around the world, APX has established itself as a leading platform of choice for portfolio management and reporting, delivering a single, customizable solution to automate multiple phases of the investment management process.
The addition of performance analytics in APX 2.0 â which includes performance attribution, contribution and ex-post risk statistics â provides users with the opportunity to deliver robust reporting and client service without increasing operational costs or overhead. APX 2.0 also includes security-level performance and enhancements to fixed income calculations and reporting, which further strengthens an already proven product and expands the market for APX to a broader range of institutional and high net worth asset managers.
âAPX 2.0 delivers a range of improvements to meet the growing needs of our customers, such as integrated performance analytics, expanded fixed income capabilities, and enhanced navigation, user interface and performance measurement and presentation,â said Cathy Sawyer, Executive Director at Sterling Capital. âWeâre very pleased with the new features which allow us to grow our business more efficiently and offer superior service to our clients. The enhancements with this new product are unparalleled.â
Key features of the new APX include:
â¢ Performance analytics, including performance attribution, contribution, exposure and ex-post risk statistics
â¢ Security level time-weighted returns and the flexibility to create custom classification schemes
â¢ Enhancements to fixed income calculations and reporting for ABS, MBS, and CMOs based on estimated cash flows
â¢ Enriched user interface and streamlined workflows