MVest solution overview

Managed Account Plan Sponsors

Support for Managed Accounts

Whether you offer traditional Separately Managed Account (SMA), Model Managed, or Unified Managed Account (UMA) programs, MVest provides the end-to-end support needed to put all the pieces together. With the release of MVest 4.3 full UMA support is now incorporated into the core product.

Unique portfolio grouping

In MVest, a "portfolio" can be a single client account, or a component of an account (e.g. a UMA sleeve). MVest provides the ability to group portfolios in any way required. Whether it is individual accounts grouped into households, multiple UMA sleeves group into a single custody account or custom mandate groups for reporting and rebalancing purposes, MVest can accommodate your requirements. Groups can also be nested within larger groups for ease of organization and setup.

UMA Sleeves

MVest supports UMA programs with its advanced UMA "sleeve" functionality. Sleeves can be configured to hold individual mandates or separate product types, with the ability to roll all into a single custody account for performance, rebalancing and reporting purposes. Sleeves can be designated as "non-managed" to hold assets that are not subject to rebalancing. Transition sleeves can also be set up to "park" assets temporarily that are being transferred in or out of the account.

Modeling made easy

One of the key benefits of managed account programs is the ability to apply a model or combination of models to a large group of accounts or sleeves. MVest's modeling capabilities allow client portfolios to be rebalanced to the appropriate model, either individually or in large groups with only a few mouse clicks.

Multi-level rebalancing

Models can be applied and rebalanced at the individual sleeve, account or household level. Take advantage of MVest's integrated pre-trade compliance features to block trades that violate client or firm-directed constraints, or have those trades automatically redirected to the remaining holdings in the model.

In-house overlay management

MVest provides fully integrated overlay management capabilities, eliminating the need to send trades to an external system. With MVest's multi-level rebalancing abilities, potential trades to align sleeves with their mandates can be adjusted to accommodate an overall asset allocation for the account, or to reduce/eliminate realized gains. Trades can be automatically netted across sleeves to eliminate offsetting buys and sells, and lower trading costs.

Performance by account or sleeve

Calculate GIPS-compliant performance at the sleeve, asset class or account level. Custom composites can be created to track individual manager performance or show consolidated household returns. Compare performance to standard benchmarks, or create your own benchmarks to reflect your client's unique investment mix.

Calculate multi-level management fees

MVest's flexible management fee module allows you to create custom fee rules by combining multiple types of fees, or fees from multiple managers into a master fee rule which can be assigned at the group, individual or sleeve level. Apply discounts and exclusions to further tailor the fees to meet your specific needs.

Let us show you

CGI's MVest portfolio management solution provides all the functionality needed to support today's sophisticated managed accounts programs. Schedule a live demonstration today to see how MVest can help.