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

A Q&A with Anatoliy Salman
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–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 Imagine. Once in 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

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About the Author
Anatoliy Salman was integral in the development of solutions for ’40 Act, AIMFD,  UCITS, and RRC. He holds a Bachelors in Business Administration with a major in finance from Baruch College.

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

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