Investment Management Software and Product Support Services

The Vendor is required to provide investment management software and product support services for include:
1. Data collection and aggregation
•    Able to receive data directly from custodian
•    Data automatically refreshes at different and customizable periods
•    Able to capture and manipulate holdings data
•    Able to capture performance data and track over multiple time periods
•    Broad coverage of the publicly traded securities market
•    Able to capture micro-cap stocks, exchange traded futures, and options, provide metrics specific to each investment
•    Customizable single line-items for non-publicly traded securities (e.g., limited partnerships or commingled funds that represent public or private market investments)
•    Ability to create proxies that can be assigned to ‘one-liners
•    Benchmarking capabilities
2. Total portfolio – current exposure and projections
•    Multiple level (at least 2) user-defined grouping of accounts
•    Ability to set market value target allocation % level and % range for accounts and user defined groups with customizability for projections
•    Able to create hypothetical portfolios for cash flow-related scenario analysis (e.g., rebalance, capital calls, contributions, etc.)
•    Transaction timing planning (i.e., cash flow simulation that takes into account trade and settlement date timing)
•    User-defined data field to capture account and strategy-level information
•    Create hypothetical portfolios for market-driven scenario analysis (e.g., equity drawn down simulation, interest rate shock, inflation spike, etc.)
•    Performance estimate and projection
•    Liquidity analysis
•    Exposure analysis (country, sector, market cap, style, risk factor, leverage, etc.)
3. Total portfolio – historical analysis
•    Historic performance and risk metrics computation and analysis
•    Performance attribution (e.g., return and risk, rebalance effect, cash flow timing)
•    Expense tracking and reconciliation against fee schedule
•    Ability to compare against user-provided data
4. Private market functionality
•    Ability to set-up and manage three (3) distinct programs: private equity, private credit, and private real assets
•    Portfolio modeling capabilities
•    Program-level analysis
•    Fund-level analysis
•    Exposure and look-through analysis
•    Co-investment tracking
•    Performance analysis
•    Cash flow transaction analysis
•    Reporting, including reconcilable format for consultants
5. Manager CRM
•    Contact information log
•    Email and presentation and attachment storage
•    Note-taking repository for meetings
•    Prospective fund manager intake
•    Statement and other document storage
•    Capital statement reconciliation
•    Tracking of on-time receipt for key documents
6. Workflow and task manager
•    Fund due diligence process
•    Ad hoc operational tasks (capital calls, rebalancing)
•    Recurring monthly and quarterly duties (compliance, invoices, benchmarks, etc.)
7. Product support services
•    Dedicated person(s) to work with fund investment staff to understand fund unique needs, provide education on current and future capabilities, and help fund maximize the usefulness of the software
•    An allotment of time for custom and ad hoc projects that will require additional work by the vendor.