Accounting Compliance Performance Risk Ramirez Enhanced Reporting Integrated accounting, compliance, performance and risk reporting and analytics Providing.

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Presentation transcript:

Accounting Compliance Performance Risk Ramirez Enhanced Reporting Integrated accounting, compliance, performance and risk reporting and analytics Providing complete transparency to our investors March 2010

Ramirez Reporting through Clearwater Analytics Problem and Solution Ramirez Offering Accounting Compliance Risk Performance Summary 2 Daily Web-based Reporting Accounting Compliance Performance Risk

Data Flow Challenges Investor Custody Bank Investment Advisor Trades Third Party Data Providers Reporting Investment Advisor Reporting Alternate Investment Advisor Accounting Tax Audit Treasury Financial Reporting Senior Mgt. Manual Reports No SAS 70 Holdings Transactions Limited accounting 3 Accounting Compliance Performance Risk

The Problem with Existing Financial Systems/IT infrastructure Lack of transparency Lack of timely information Apples to oranges comparisons Lack of process control Lack of third party verification Considerable manual effort (‘Excel gymnastics’) 4 Accounting Compliance Performance Risk

Ramirez Data Flow Solution Illinois State University Investor Custody Bank Reporting & Services Accounting Compliance Risk Performance Other Investment Advisor Ramirez Trades Data and Reconciliation Third Party Data Providers Ratings, Pricing, Security Master, Etc. Bloomberg, Tradeweb, Bondedge Data and Reconciliation: Pricing and cash flows based on positions and transactions Ramirez Website Accounting Tax Audit Treasury Financial Reports Senior Mgt. SAS 70 5 Accounting Compliance Performance Risk Enhanced Reporting

The Ramirez Solution Meaningful transparency = Confidence Timely information Apples to apples reporting Automated, hands-off Tight process control (SAS 70 Type II Audit) Third party verification 6 Accounting Compliance Performance Risk

Accounting Daily access to individual and aggregate portfolio book of record information Balance sheet, income statement and statement of cash flows prepared according to GAAP with flexible calendar Cash flow forecast Income Forecast Holdings and transactions at tax lot level including security master detail Automated general ledger upload Independent, verifiable source of financial disclosure information, including audit and tax reports Sarbanes-Oxley compliant FAS 95, 115-2, and 157 automation 7 Accounting Compliance Performance Risk

Compliance Customized to match investment policy Flexible rule-writing capabilities including coverage of both risk and accounting related compliance guidelines Monitoring at individual account and aggregate level Daily reflection of changes in security value and characteristics notification of violations Daily compliance history Credit watch and history report 8 Accounting Compliance Performance Risk

Risk Management, dashboard-style, reporting on major risk concentrations (credit, duration, and sector) with detailed drill-down functionality to reveal percentages and values in each risk category by tax lot as well as security level detail Issuer concentration by parent company Index comparison VaR and Risk Adjusted Ratios (Sharpe/Information) Money Market Fund sector breakout 9 Accounting Compliance Performance Risk

Performance AIMR/GIPS calculation standards Total, index and excess returns Total, income and price returns Flexible date ranges Net of fees and gross of fees Taxable equivalent returns Index comparison Manager comparison Risk-adjusted returns Attribution 10 Accounting Compliance Performance Risk

Summary Web-based (SaaS), daily, aggregated, independent investment reporting technology and service for investors, investment managers, custody banks and execution portals Integrated, global accounting, compliance, performance, and risk reporting and analytics Specific solutions for investors constructed on a foundation of reconciled and verified tax lot level positions and transactions Pursuit of transparency, timeliness, consistency, control and operational efficiency 11 Accounting Compliance Performance Risk

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