If your organization manages a portfolio or monitors a set of managers, then you know how powerful it is to have portfolio or manager comparison reports ready for your review on a periodic basis. Setting up the reports and updating them with the latest performance data can be inefficient. Your time is better spent analyzing the contents of the report and digging deeper into specific areas of interest.
While many of Venn’s subscribers have taken advantage of “Compare” (a powerful tabular reporting tool that generates reports of multiple investments -- see Exhibit 1 for a view of what Compare looks like), we observed users coming back to Venn time and time again to set up and run the same reports. We wanted to make this workflow easier for you and allow Venn to more efficiently assist with your regular reporting needs.
Exhibit 1: Compare Example
Source: Venn as of March 24, 2021.
The Venn team is excited to announce the launch of two notable updates to Compare that can make recurring reporting workflows on portfolios and investments a lot smoother:
- The ability to save your comparisons
- The ability to schedule periodic, automatic reports, delivered right to your email inbox
Please note these updates are available to Venn Pro users only.
The first update allows you to save your favorite Compare views by clicking “Save View” on any Compare page.
Exhibit 2: Saving Compare
Source: Venn as of March 25, 2021.
When you log back into the platform, you can pick up where you left off by easily accessing these saved views in the “Reporting” tab.
Exhibit 3: Accessing Saved Compare Views
Source: Venn as of April 7, 2021.
The second update enables scheduling of a periodic export of any saved Compare. These periodic reports can be pushed automatically to your email inbox as an attachment. The email will also contain a link that guides you directly to the updated report in Venn. To schedule an export, click the “Export” button in the top bar of the Compare page, then select the desired frequency:
- “Weekly” will export every Monday at 11AM EST
- “Monthly” will export the first day of every month at 11AM EST
- “Quarterly” will export the first day of every quarter at 11AM EST
Exhibit 4: Scheduling Compare Exports
Source: Venn as of March 25, 2021.
If you’re an asset allocator or wealth manager, you might consider using this new feature in reporting workflows, including:
- Running recurring portfolio performance reports by saving a Compare of your Master Portfolio (on an absolute return basis or relative to its benchmark) and easily accessing up-to-date tables and performance data on a recurring basis
- Tracking the performance of a set of managers over time by saving a Compare of your managers (up to 30) to check on refreshed data prior to a monthly or quarterly update
- Monitoring a universe of prospective managers
If you’re an asset manager, you might also use this new functionality by creating custom competitor reports for sales and/or product teams, who can receive the reports automatically every week, month, or quarter in their inbox.
Start building, saving, and scheduling Compare reports today.
Finally, contact us with any questions. We welcome your thoughts on this feature and any other ideas for how we can help make your reporting workflows easier!
This article is not an endorsement by Two Sigma Investor Solutions, LP or any of its affiliates (collectively, “Two Sigma”) of the topics discussed. The views expressed above reflect those of the authors and are not necessarily the views of Two Sigma. This article (i) is only for informational and educational purposes, (ii) is not intended to provide, and should not be relied upon, for investment, accounting, legal or tax advice, and (iii) is not a recommendation as to any portfolio, allocation, strategy or investment. This article is not an offer to sell or the solicitation of an offer to buy any securities or other instruments. This article is current as of the date of issuance (or any earlier date as referenced herein) and is subject to change without notice. The analytics or other services available on Venn change frequently and the content of this article should be expected to become outdated and less accurate over time. Any statements regarding planned or future development efforts for our existing or new products or services are not intended to be a promise or guarantee of future availability of products, services, or features. Such statements merely reflect our current plans. They are not intended to indicate when or how particular features will be offered or at what price. These planned or future development efforts may change without notice. Two Sigma has no obligation to update the article nor does Two Sigma make any express or implied warranties or representations as to its completeness or accuracy. This material uses some trademarks owned by entities other than Two Sigma purely for identification and comment as fair nominative use. That use does not imply any association with or endorsement of the other company by Two Sigma, or vice versa. See the end of the document for other important disclaimers and disclosures. Click here for other important disclaimers and disclosures.