Ramirez Enhanced Reporting
Integrated accounting, compliance, performance and risk reporting and analytics
Providing complete transparency to our investors
March 2010
Accounting
Compliance
Performance
Risk
Daily Web-based Reporting
Ramirez Reporting
through Clearwater Analytics
•
Problem and Solution
•
Ramirez Offering
Accounting
Compliance
Risk
Performance
•
Summary
2
Accounting
Compliance
Performance
Risk
Data Flow Challenges
Accounting
Tax
Investment
Advisor
Reporting
Alternate
Investment
Advisor
Audit
Treasury
Investment
Advisor
Investment
Advisor
Financial Reporting
Senior Mgt.
Manual Reports
No SAS 70
Trades
Custody Bank
Reporting
•Holdings
•Transactions
•Limited accounting
Investor
Third Party
Data Providers
Accounting
Compliance
3
Performance
Risk
The Problem with Existing Financial Systems/IT
infrastructure
Lack of transparency
Lack of timely information
Apples to oranges comparisons
Considerable manual effort (‘Excel gymnastics’)
Lack of process control
Lack of third party verification
4
Accounting
Compliance
Performance
Risk
Ramirez Data Flow Solution
Accounting
Tax
Other
Investment
Advisor
Ramirez
Ramirez
Audit
Treasury
Trades
Data and
Reconciliation
Financial Reports
Ramirez Website
Enhanced
Reporting
Custody Bank
Data and Reconciliation:
Pricing and cash flows
based on positions and
transactions
Senior Mgt.
SAS 70
Reporting & Services
•Accounting
•Compliance
•Risk
•Performance
Third Party
Data Providers
Ratings, Pricing, Security
Master, Etc. Bloomberg,
Tradeweb, Bondedge
Accounting
Compliance
Illinois State
University
Investor
5
Performance
Risk
The Ramirez Solution
Meaningful transparency = Confidence
Timely information
Apples to apples reporting
Automated, hands-off
Tight process control (SAS 70 Type II Audit)
Third party verification
6
Accounting
Compliance
Performance
Risk
Accounting
•
Daily access to individual and aggregate
portfolio book of record information
•
Balance sheet, income statement and
statement of cash flows prepared
according to GAAP with flexible calendar
•
Cash flow forecast
•
Income Forecast
•
Holdings and transactions at tax lot level
including security master detail
•
Automated general ledger upload
•
Independent, verifiable source of financial
disclosure information, including audit
and tax reports
•
Sarbanes-Oxley compliant
•
FAS 95, 115-2, and 157 automation
7
Accounting
Compliance
Performance
Risk
Compliance
•
Customized to match investment policy
•
Flexible rule-writing capabilities including
coverage of both risk and accounting
related compliance guidelines
•
Monitoring at individual account and
aggregate level
•
Daily reflection of changes in security
value and characteristics
•
Email notification of violations
•
Daily compliance history
•
Credit watch and history report
8
Accounting
Compliance
Performance
Risk
Risk
•
Management, dashboard-style,
reporting on major risk
concentrations (credit, duration,
and sector) with detailed drill-down
functionality to reveal percentages
and values in each risk category by
tax lot as well as security level
detail
•
Issuer concentration by parent
company
•
Index comparison
•
VaR and Risk Adjusted Ratios
(Sharpe/Information)
•
Money Market Fund sector breakout
9
Accounting
Compliance
Performance
Risk
Performance
•
AIMR/GIPS calculation standards
•
Total, index and excess returns
•
Total, income and price returns
•
Flexible date ranges
•
Net of fees and gross of fees
•
Taxable equivalent returns
•
Index comparison
•
Manager comparison
•
Risk-adjusted returns
•
Attribution
10
Accounting
Compliance
Performance
Risk
Summary
•
Web-based (SaaS), daily, aggregated, independent investment reporting
technology and service for investors, investment managers, custody
banks and execution portals
•
Integrated, global accounting, compliance, performance, and risk
reporting and analytics
•
Specific solutions for investors constructed on a foundation of reconciled
and verified tax lot level positions and transactions
•
Pursuit of transparency, timeliness, consistency, control and operational
efficiency
11
Accounting
Compliance
Performance
Risk
12
Accounting
Compliance
Performance
Risk
13
Accounting
Compliance
Performance
Risk
14
Accounting
Compliance
Performance
Risk
15
Accounting
Compliance
Performance
Risk
16
Accounting
Compliance
Performance
Risk
17
Accounting
Compliance
Performance
Risk
18
Accounting
Compliance
Performance
Risk