With $2.2 billion in assets under management, Stralem is an asset management firm focused on U.S. large cap equities. Previously, the firm used a third-party performance analytics program which required a significant amount of time and effort to import and format the data. Stralem needed a robust, integrated portfolio management platform to streamline the portfolio analysis process and turned to APX for its integrated performance analytics capabilities.
APXâs performance analytics reports enable portfolio managers to quantify exactly how their management decisions contributed to portfolio performance. Stralem relies primarily on two of the systemâs analytics reports:
â¢ Performance Attribution quantifies the impact of investment decisions and compares portfolio performance to a benchmark over any period.
â¢ Performance Contribution shows how each segment contributed to a portfolio's overall performance, with the option of comparison to a benchmark.
âHaving an in-house analytics capability is increasingly essential in todayâs environment,â said Jeremie Sebban, Performance Analyst, Stralem & Company. âAn easy-to-use analytics product like APX, which is updated on a daily basis, really helps the portfolio manager have a keen and fresh idea of whatâs going on and a better understanding of the short-term drivers. In addition, more and more consultants, and even clients themselves, ask for attribution, so we have to be able to provide that information in a timely fashion.â
âAPX was one of the first portfolio management solutions to integrate portfolio accounting, client relationship management, reporting and performance analytics on a single platform,â said Michele Holton, Director of Product Marketing at Advent. âHaving analytics integrated into APX is a significant value proposition for our customers. Weâre hearing from more and more clients that APX analytics helps them deliver greater transparency for enhanced investor confidence.â