Product Overview of Blaze Portfolio
Blaze Portfolio is a cutting-edge, cloud-based platform designed to cater to the needs of wealth managers, investment advisors, multi-family offices, digital advisors, and industry partners. Here’s a detailed look at what the product does and its key features:
What Blaze Portfolio Does
Blaze Portfolio is a comprehensive Software-as-a-Service (SAAS) platform that specializes in tax-optimized model rebalancing and scalable trade order management. It is engineered to streamline complex investment strategies, enhance efficiency, and ensure compliance in the financial services industry.
Key Features and Functionality
Model Rebalancing
Blaze Portfolio allows users to implement and monitor complex investment models across multiple portfolios with ease. It supports managing multiple strategies within a single account or household, enabling customized allocations and real-time adjustments.
Trade Order Management
The platform offers robust trade order management capabilities, including real-time electronic trading via FIX (Financial Information eXchange) protocols. This allows for seamless trade executions across multiple custodians and asset classes, along with block order management and trade compliance features to mitigate risks and prevent errors.
Cash Management
Blaze Portfolio includes advanced cash management tools that help users monitor and manage cash balances effectively. Features such as customizable cash buffers, targets, and automatic trade creation for cash withdrawals prevent overdrafts and ensure efficient cash handling.
Tax Optimization
The platform provides sophisticated tax management tools, including tax harvesting and location optimization, to help achieve tax alpha. Users can perform instant tax analysis using customizable data grids and filters to analyze gains and losses for numerous trades.
Drift Analysis
Blaze Portfolio features drift analysis capabilities that automatically identify strategies or securities that are out of balance based on predefined tolerance ranges. This ensures that portfolios remain aligned with their intended strategies.
Real-Time Trading and Accounting
The platform supports real-time electronic trading with executions available through over 500 brokers, including major names like Charles Schwab, TD Ameritrade, Pershing, and Fidelity. It also maintains accurate cash and position balances in real-time, including intra-day trading activity.
Integration and Security
Blaze Portfolio is fully integrated with leading portfolio accounting systems, custodial platforms, and back-office outsourcing providers. The platform is hosted on a secure private cloud, ensuring high reliability and security, and is supported by extensive data integration and user permissions for controlled access.
Compliance and Risk Management
The platform includes comprehensive compliance rules to mitigate risks and prevent trade errors. It helps advisors and investment managers maintain the necessary safeguards and supervision over trade operations to remain compliant with regulatory requirements.
Implementation and Support
Blaze Portfolio is designed for quick implementation, typically taking 4-6 weeks to get clients up and running. The platform offers extensive support, including phone support, webinars, help guides, video guides, and blogs to ensure clients can fully utilize the software’s features.
In summary, Blaze Portfolio is a powerful tool that combines advanced model rebalancing, trade order management, cash management, tax optimization, and real-time trading capabilities, all within a secure, cloud-based environment. Its flexibility, scalability, and seamless integration with industry systems make it an invaluable asset for investment professionals.