Why did we miss the benchmark?
Brinson decomposition into allocation and selection, ranked by contribution, tied out against a factor model so the two agree.
Solutions · Asset & portfolio management
Attribution that explains itself.
Why a strategy underperformed its benchmark, decomposed to the position, with the working shown — before the investment committee meets rather than three days after.
The expensive questions.
Every one of these is answerable today. None of them is answerable quickly.
What is driving tracking error?
Decomposed to the position and the period, with the exposures that carry forward into next quarter flagged.
Does this reconcile?
Positions from the custodian against transactions from the administrator, with breaks surfaced rather than absorbed.
What happens if rates move 50bps?
Scenario comparison with confidence intervals, run against your actual portfolio composition rather than a generic macro model — and updated as positions change.
Where the time goes today.
Three costs that never appear on a BI licence line.
Reconciliation, by hand
Most attribution cycles begin with an analyst reconciling the custodian file against the administrator file. Cerium does that before the question is asked.
The investigation after the chart
A dashboard shows the underperformance. Finding which position caused it, and why, is a separate project — usually measured in hours.
Reports built on stale data
Investment committee packs assembled the morning of the meeting, from numbers that closed the previous evening. Cerium runs on a schedule that matches yours.
Bring us last quarter's hardest question.
We will answer it in the demo, on data that resembles yours.