IMTC’s fixed income portfolio management solution is built for asset managers to provide customizable bond accounts at scale to their clients. The technology has enabled RIA’s to be more proactive to maximize returns for their clients.
Kevin Roche, CEO of LHT Consultants, leverages the below tools on IMTC to achieve his active bond ladders at scale:
- Targets: Set your overall duration and how you want to be positioned across the curve; the system quantifies where you are over/underweight across portfolios to enable you to take action at scale.
- Compliance: Create rules and desired portfolio positioning at a strategy level or to an individual portfolio to provide customization at scale.
- Buy-lists: Access live offerings available through the system or your own live offers and see all bond characteristics with the ability to apply and save custom filters to decrease fragmentation and automate redundant tasks.
- Optimization: Optimize accounts for compliance and targets to reflect your parameters while setting an investment objective (ex. maximize tax-equivalent yield) and allowing for turnover, if desired. Unique to the IMTC system, the fully customizable fixed income optimization engine automates your daily portfolio management tasks of sourcing bonds that best fit the portfolios, while also maximizing yield.
KR: So what tools do we leverage from the IMTC platform? Well, we use a lot of it actually. Being a former active portfolio manager, it’s inherent to look at things dynamically. So when we look to is we look at the target module to achieve not only the overall duration target but what we want to have position across the curve, which we think is pretty key. In regards to the laddered portfolio approach to the maturities that we have presented to us or work to the client. You know, we also look at things with regard to the objective, and with that, the compliance module allows us to target specific rating allocations which we think is pretty important. What we’re trying to achieve within this certain band for the client. And then obviously we have buy lists, we have an optimizer that we’re looking at for our universe. It allows us to look at kind of this live inventory that dealers are offering out there and what we tried to do is take that married with our portfolio views to help achieve this optimal outcome for our clients.