Portfolio Pricing (QPS4) is an advanced pricing service, enabling the daily establishment of an appropriate valuation price (according specific pricing policies or “Fair Value” (IFRS13)) for the portfolio holdings of investment funds or private banking portfolios as well as continuous monitoring thereof. Portfolio Pricing (QPS4) monitors and determines valuation prices on the basis of client-specific. A number of provisions and requirements must be taken into account when valuing the portfolio holdings. The aim should be to ensure the uniform and constant valuation of as many assets as possible. The regulatory framework for e.g. regulated funds includes in particular:
On the basis of the above regulatory framework, the following procedure is to be applied when determining the fair value of an asset:
Validated pricing data are delivered into the appropriate output format to accounting / portfolio valuation systems. A detailed PDF with the underlying logic, how the fair value price has been assessed, which parameters and tolerances were set and how the security has been validated, leading to the selected price is delivered for archiving and auditing purposes. All prices in exception will need to be manually checked, validated and potentially corrected by the end users through a specific Graphical User Interface. Alternatively, the client may outsource the process of manual validation to CETREL Securities (via BPO).
CETREL Securities would be happy to provide you with additional information and a demonstration of our products and services.
For more information on this product or service please download the factsheet or contact our support line. Download Factsheet