News

Monitor Limits with the UCITS Dashboard–Flexible, Transparent, Customizable

A Q&A with a Dashboard Developer…
What is UCITS?
Investment funds authorized for sale in Europe are governed by a set of regulations. These regulations are called Undertakings for the Collective Investment of Transferable Securities (UCITS).

Why did you create the UCITS dashboard?
It just made sense for us to do this–TS Imagine is a trusted source for our clients. We created a dashboard that frees our clients to meet the challenges presented by UCITS (and other regulatory requirements). We see it as a great tool that provides transparency and flexible monitoring in one clean visual representation. Our dashboard eliminates the need for–and the potential risk involved with–using manual methods of limits calculations.

How does it work?
We customize the UCITS dashboard on a client-by-client basis. So there’s a quick set-up period where we create all the necessary custom reference tables, appropriate tagging, and the definition of limits the client wants to include–which by the way, don’t have to be UCITS-specific.

The dashboard is powered by an app that performs all the required aggregations and calculations. The data is pulled from your UCITS portfolio in TS Imagine. Once in TS Imagine, you load the dashboard like any of our dashboards. It updates in real time, providing intraday information with PDF reporting available for end of day reports.

How does this dashboard help clients?
This dashboard helps our clients:

  • Perform real-time, trade-by-trade risk analyses, including “what-if” simulations to add, reduce or increase positions to view portfolio and enterprise risk
  • Deliver daily UCITS-compliant reports on VaR, CVaR, relative VaR, leverage, counterparty risk and delta-adjusted exposures
  • Optimize allocations and strategies based on cross-asset class and pre-calculated market data (including derivatives) for selected time periods

With the dashboard, clients can:

  • Drill-down to view and correct limit breaches in real-time
  • Create alerts for positions that are nearing limits
  • Create a watch-list to capture risk across the entire portfolio
  • Efficiently monitor funds and fund expenses

______
Contact our consultants by email or phone: 212-317-7600

Related News

Enriching the HVaR Calculation:
Predicting the Past:

HVaR, By Dr Lance Smith, Chief Strategy Officer, TS Imagine Historical VaR (HVaR) has become a standard measurement of risk, in which a current portfolio is subjected to the market conditions of a prior day and the resulting P&L is recorded. Read entire article here.

June 30, 2022

TS Imagine EMS Integrates with Appital’s Bookbuilding Platform Ahead of Launch

EMS integration automates historically manual processes, unlocking hard-to-find liquidity for the buyside community.

April 25, 2022
Limitations of HVaR

Limitations of HVaR:
When the Future No Longer Looks Like the Past

HVaR assumes that present market dynamics are captured in past behavior so what should we do when the world changes? Since Russia's invasion of Ukraine, commodity markets have entered new trading patterns and Lance Smith, TS Imagine Chief Strategy Officer explains some of the tools that can be used to help HVaR without disturbing other risk factors.

April 12, 2022