FIN’s (Financial Information Network, Inc.) Global Diversification Offers Wealth Advisors International Currency Risk Evaluation

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With FINGPS Systems, advisors can trade foreign currency and provide in depth analysis of cross currency portfolios increasing competitive advantage over their competition.

FINGPS® offers advisors the benefits of global diversification committing a small percentage of their portfolios to international equities. Having a diversified portfolio allows you the benefits from the performance of whichever regional market is leading at a given time. Some may even dedicate their international portfolios to mutual funds; ETF’s or even low-cost index funds for quality and transparency of the markets. For those of you that prefer to enter in the local markets and swap currency risk it’s also important to monitor the geopolitical impacts as well. International exposure and its assumed risk takes in account the fluctuations of currency and local equity markets. Most advisors evaluate the correlation between constituents of our domestic asset classes versus its foreign counterparts.

In today’s global financial environment it is important for financial institutions to have access to a system that allows users to manage accounts in any currency. Advisors that can trade foreign currency and provide in depth analysis of cross currency portfolios increase their competitive advantage over their rivals. As a result, firms attract new accounts by increasing international exposure and adding value. FIN users are able to view portfolios in native currencies and US Dollars simultaneously and have the ability to generate monthly statements, calculate performance, attribution, working appraisal, gains and loss and many other reports by country, currency, industry and security. In addition, users can offer multiple cash offsets based on currency exposure.

The advantage of using FINGPS® is that currency conversion data is retained in the system for accurate reporting of historical data. Billing may be done in any combination of currencies depending on the needs of the client. System support for new currencies can be initiated as long as conversion factors are readily available.

FINGPS®’s Relationship Management Team conducts routine best practices analysis to create efficiencies that enhance the user experience.

Financial Information Network, Inc.
(818) 782-0331

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Cherry Hepburn

Cherry Hepburn
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