Modules that work as one.
Licence what you need. Every module reads the same valuation, so the numbers agree by construction.
32 UCITS rules prepared, a rule builder, breaches tracked until they are resolved.
VaR and expected shortfall, stress tests, backtests and liquidity risk.
TWR and MWR, contribution, attribution, GIPS return tiers.
NAV per share class, fee accruals, look-through, annual report.
Ten report types in your corporate design, delivered by e-mail and SFTP.
Custodian files, market data, yield curves and data checks before every valuation.
In development · 2027Strategies with bands, pre-trade check, what-if simulation.
Order entry, FIX 4.4 routing and a live blotter.
One module’s result is the next one’s input.
No export, no import, no second entry: what one module works out, the next one reads. These are the hand-overs, by name.
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X-INFORM
toX-ACCOUNT The custodian’s file becomes the book.
Transactions are mapped to booking types and stored with their fees and trading venue. Valuations from that date on are flagged as outdated.
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X-INFORM
toX-ACCOUNT A gap holds the valuation.
A missing price or rate becomes a to-do, and the valuation waits. Once the value is supplied, it continues by itself.
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X-INFORM
toX-RISK Yield curves reach the risk engine.
Central-bank curves price the rate instruments and carry the rate shocks of the stress tests. They are imported where X-RISK is licensed.
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X-INFORM
toX-PERFORM Bank fees appear in the cost ratio.
Fees and taxes from the custodian’s file stand in the cost ratio as a line of their own, next to the fees X-FOLIO calculates. The two are never added up.
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X-ACCOUNT
toX-COMPLY Every transaction meets every rule.
At each valuation, the transactions since the previous one are replayed in order, and the whole rule book is evaluated after each. Intraday checks are an option of their own.
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X-ACCOUNT
toX-COMPLY X-RISK X-BALANCE Target funds are opened.
Target funds that are valued in X-FOLIO are resolved into their positions, up to ten levels deep. Rules, bands and risk see the holdings, not the fund unit.
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X-ACCOUNT
toX-PERFORM Fees separate gross from net.
X-ACCOUNT accrues the fees. X-PERFORM derives three return tiers from the same accruals: gross, net and net total.
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X-PERFORM
toX-ACCOUNT The return sets the performance fee.
The performance fee is measured on a return that ignores cash flows, so new money is never charged as performance. A benchmark hurdle reads the same series as the attribution.
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X-PERFORM
toX-RISK The return tests the VaR.
Each valuation’s time-weighted return is the realised side of the VaR backtest: the last forecast, held against what happened.
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X-RISK
toX-COMPLY The VaR becomes a limit.
A rule on global exposure reads the VaR of the same valuation run, absolute or relative to a reference portfolio. Without a risk run the rule waits; it does not report a breach.
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X-ECUTE
toX-COMPLY X-RISK X-ACCOUNT X-BALANCE X-PERFORM An order is checked on the whole fund.
Before orders are sent, the normal valuation runs twice, without and with them. Rules, bands, NAV, liquidity, VaR and return are shown before and after; nothing is written.
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X-COMPLY
X-RISK X-PERFORM X-ACCOUNT X-BALANCE toX-REPORT Every result becomes a report.
When a valuation is complete, its results are rendered as reports – compliance, risk, liquidity, performance, strategy, transactions – and delivered by e-mail or SFTP.
Each module is licensed on its own. Where one is missing, its step is skipped and the others run. The results of a valuation are saved together: it is complete, or it is not there.