A Business Intelligence solution supporting the operation of investment funds

Bonair specialises in creating specialist analytical solutions supporting the management of Investment Fund Trusts.

Our solution optimises the following areas of fund operation:

• investments
• investment control
• sales
• risk management
   

The benefits of Bonair S.A.’s system include:

• a convenient, efficient and flexible data analysis model
• the elimination of cyclical works related to report preparation through the automation of the input, processing and data generation process
• improved quality of information owing to data verification 
• reduced burden for transaction systems at the time of peak involvement in transaction handling
• meeting auditors’ requirements as regards the reporting procedures and tools used
   

In the Investment module, analyses focus on three basic volumes:

• Performance (return)
• Duration
• Values related to risk analysis
   

The module’s scope of information includes:

• Ratio Analysis of the funds:

o ratio analysis of the share section
o ratio analysis of the debt section
o ratio analysis of the FX section
o ratio analysis of the Futures section

• Ratio analysis of the fund risk:

o average rate of return
o standard deviation
o portfolio beta
o Sharpe ratio
o Treynor ratio
o TE ratio
o IR ratio
o 2M ratio
o total rate of return in the given period

• Analysis of the status of own fund assets and competitive assets on the market
• Analysis of the rates of return in the periods (MTD, QTD, YTD, 1M, 3M, 6M, 1Y, 2Y, 3Y, 4Y, 5Y) of own funds and competitive funds on the market
• Comparative analysis of rates of return on equities and investment strategies, as well as their benchmarks
• Analysis of investment portfolio components and instrument quotations
• Analysis of components of investment strategies broken into instrument types.
   

The Sales module allows for the analysis of purchases, repurchases and conversion of shares and fund assets in the following perspectives:

• distribution network
• products 
• attributes of participants’ accounts (age, region, education, etc.).
   

The module allows for the precise analysis of asset flow in time (e.g. between distributors or products, tracking of deviations from planned purchases, repurchases and assets, comparative analysis of not-on-us and own funds.
 

The module’s scope of information includes::

• Analysis of fund share sales
• Analysis of equity assets
• Analysis of not-on-us fund assets
• Analysis of budget execution.
   

The Investment Control module allows for the complex monitoring of limit breaches, including VAR FX risk ratios.
 

The module’s scope of information includes:

• Analysis of crediting risk:
• Of financial instruments (debentures)
• Debenture section of the Funds
• Debenture section of Investment Strategies
• Analysis of FX risk:
• VAR ratios for currencies
• FX VAR ratios of the funds (share section, debenture section, hedged section)
•  FX VAR ratios for particular currencies of the funds (shares, debentures, hedge funds)
• Analysis of share exposure against fund benchmarks and investment strategies
• Comparative analysis of individual portfolio indices and their benchmarks
• Analysis of exposure in the portfolio considering derivatives

The Risk Management module presents the liquidity ratios of instruments, profitability of the transactions concluded, and controls excesses on selected measures.

Information range of the module:

• Analysis of liquidity ratios:

o of shares and the share section of portfolios
o of bonds and the bond section of portfolios
o Contracts: Options and futures

• Profitability analysis:

o Profitability of transactions concluded:
o Purchase and sales of debentures
o Sell-Buy-Back, Buy-Sell-Back and deposits
o Market profitability of transactions concluded

• Control over breaching the limits defined for:

o Liquidity of instruments
o Liquidity of portfolios
o Profitability of transactions