If the stock is down, you know. When the stock is up, you know. To stay ahead on the rest of the companies in the portfolio, PMs benefit from automated alerts and dashboards elevating crucial information.
The extremes in your portfolio are easy to identify. The Market, CNBC, and Bloomberg all tell you the big movers. But staying on top of outliers that are slowly moving upward or downward? That requires process.
In this article, I’ll share common ways that PMs use VerityRMS to bolster their investment process, increase efficiency, and draw attention to potential capital erosion or appreciation that can be harder to systematically identify.
Attention is a finite resource. Here’s how PMs maximize it with common dashboards, alerts, and tearsheets available in a modern research management system.
Dashboards in VerityRMS are useful for consolidating views to get big picture quantitative and qualitative information in one place.
Examples of intelligence you can discover with dashboards:
With dashboards, you can answer those questions and identify inconsistencies in your process. They help you discover potential blindspots and allocate dollars where you have conviction.
How do you know what you’re missing? How do you ensure your investment process is being followed when asked by allocators? With an RMS, PMs can set up alerts and automate workflows that put your team ahead of the change rather than behind it.
An RMS allows you to track any number of questions through easy-to-create if/then rules. For example:
Alerts are delivered to you either in the app, via email, or both.
Importantly, time is saved and human error is reduced. The investment team doesn’t have to add steps to their workflow or set up alerts on their calendar. And you’re no longer waiting or wondering about a potential blindspot. The RMS takes on administrative burden, so you and your team can focus on generating alpha.
Good data utilization is essential to your investment process. But how do you see data from multiple sources — internal and external — efficiently?
Without a modern RMS, data proliferation offers benefits with some major drawbacks. The more data you have, the slower you move. File names change, macros break, and Excel load times seem to get longer and longer.
With VerityRMS, portfolio managers and analyst can consolidate data in one place: estimates and conviction, qualitative notes and perspectives, market data. In fact, any data that matters to you and is in the system can be consolidated easily and presented to you via dashboards and tearsheets. You get a complete view of all relevant information in one place.
Portfolio managers have a lot to keep tabs on. With VerityRMS, you can centralized information in one place and get transparency into each step of your process. It lets you spend more time generating alpha and less time handling administrative tasks and questions. The result is a more-complete mosaic empowering better portfolio decisions.
At Verity, we offer the modern research management system trusted by global asset managers. Request your custom demo to explore the possibilities VerityRMS can bring to your workflows.