Home Products About MIMICS Services Client Login Contact Us

MIMICS Customer Portfolio Management System Overview

MIMICS Customer Portfolio Management System is designed to allow you to track the portfolios of an unlimited number of customers. You can have any number of portfolios per customer, and each portfolio can contain an unlimited number of securities and currencies. Information regarding the type of portfolio; the portfolio manager, assistant and trader; and the customer's investment goals can be easily saved when setting up the portfolios. The customer can request a certain distribution of investments between Security Types, Earning Types, or Industries. These requested guidelines can be saved as well. The portfolio can also be tied to a Benchmark Portfolio for performance comparison.

The system maintains your customers' fixed income, equity, and MBS portfolio holdings. MIMICS handles both fixed interest bonds and floaters. It facilitates entry of your purchase, sale, and income transactions, provides price/yield calculations, and tracks transaction history. Projected Cash Flow reports provide your customers with the expected income of all of their holdings. Also included are Portfolio Performance reports.

Any number of operating accounts at different banks can be maintained for each customer portfolio. When processing trades, you can select the operating account from where the funds will be drawn from or proceeds deposited to. Manual deposits, withdrawals, and account transfers can be entered in the system.

As part of the standard processing, the MIMICS system captures the trade returns on a daily basis. Therefore, returns for any period can be analyzed statistically. The system provides statistical data on averages, deviations, internal rate of return, curve shape, alpha and beta, Sharpe ratio, Treynor ratio, and others. These values are available on a screen display, on reports, and graph displays. Duration and convexity of mortgage backed securities and CMOs are at your fingertips. The system projects your customers' income and rate of return.

If you track your customers' accretion and amortization, you can use the straight line method, constant yield, percentage pay down, or a hybrid. Mix the accretion and amortization methods within the portfolio. Amortize to maturity, to call, or to average life. Post entries monthly, daily, quarterly, or using your own schedule.

You can price your customers' portfolios at any time using a pricing service or you can price manually if your portfolio is small. This pricing is used for providing "available for sale" posting for FASB 115 compliance for banks. Mortgage backed factors can also be imported from a service in order to process MBS interest and principal payments. When exchange rates change, investments are automatically revaluated based upon the new rate.

The system can also track the basics of where your customers' securities are being held. Additional Vault Management Features are also available. As an optional feature, MIMICS can set up a Web Interface to allow your customers to log on to view and download reports and statements. MIMICS customizes all websites to match the aesthetic layout of your existing website.

The system provides useful context-sensitive help to assist in making choices during entry, and comes with a Help system that allows you to look up various features by content. All data files are encrypted. The system provides multi-level password protection. All menu selections can be password protected. Even fields and buttons can be protected. Profiles can be established for various job functions.

If you would like more information about our products and services, please fill out an online form or send us an email.

Product Features
Types Of Securities
  • Fixed Income Securities
    • Municipals, Government Agencies
    • Corporate, Commercial Paper, BAs, CDs
  • Amortizing Securities
    • GNMAs, FHLMCS, CMOs, other derivatives
  • Equities
    • Common Stock, Preferred Stock, Convertibles
  • Mutual Funds
      • Security Features
      • Rates:
        • Variable, Pegged
      • Fixed Income Features:
        • Calls, Puts
      • Amortizing Securities:
        • Manual pay downs using actual amount or factor,
        • Import factors from a third party
        Accounting
        • Periods
          • Daily, Monthly
          • Quarterly, Semi-Annually
          • Annually, User-Defined
        • Posting
          • Discount Accretion
          • Premium Amortization
          • Interest Accrual
          • Mark to Market
          • MBS Paydowns
        • Accretion & Amortization Methods
          • Straight Line
          • Constant Yield (to maturity, call, average life)
        • Accruals
          • Simple & Compound
        • User-Defined Accounting Rules
          • Exports
            • Any GL or DDA System accepting imports
          • Margin Accounts
              • Security ID Handling
              • Securities Stored By
                • CUSIP, ISIN, Common, others
              • Issuer CUSIP Information Retained
                • Create Security Information For Trade On The Fly
                    • History Display
                    • Display Transaction History Instantly
                      • Drill Down To More Detail
                          • Graphs
                          • Portfolio Composition By Security Type
                            • Cash Flow Projections
                                • Analysis
                                • Time To Recovery Tax Swap
                                  • Volatility
                                      • Interfaces
                                      • Pricing Import
                                        • Factor Import
                                          • CUSIP Import
                                            • MIMICS Systems
                                              • GL Export
                                                • DDA Export
                                                  • Trade Import
                                                      • Maintenance
                                                      • Purchase Securities
                                                        • Sell Securities
                                                          • Cancel Trades
                                                            • View Portfolio Holdings & Drill Down
                                                              • Stock Splits & Other Corporate Actions
                                                                • Repricing
                                                                  • Manual Update or Automatic Import
                                                                • Factors
                                                                  • Manual Update or Automatic Import
                                                                • Rates
                                                                  • Manual Update Of Rates or Pegs
                                                                  • Automatic Import
                                                                • Dividend Payments
                                                                  • Manual Update or Automatic Import
                                                                • Interest Payments
                                                                  • Manual Update or Automatic Import
                                                                • Modify Security
                                                                  • Modify Trade
                                                                    • Maintain Cash Accounts
                                                                      • Security Pledging
                                                                        • Portfolio Expenses
                                                                            • Security Information
                                                                            • Paying Currency
                                                                              • Pay Agent
                                                                                • Security Type Specific Info
                                                                                  • Pool Number, Call Schedule, Convertible Features
                                                                                  Customer Information
                                                                                  • Look Up By
                                                                                    • ID Number, CIF Number, Short Name
                                                                                  • Demographic/Mailing Information
                                                                                    • Categorical Information
                                                                                      • Account Type, Customer Type
                                                                                      • Sales Rep, Corporate Position
                                                                                    • Other Contact Information
                                                                                      • Payee, Trustee
                                                                                      • Secondary Customer
                                                                                      • Alternate Address, Broker
                                                                                    • Accounting Defaults, Account Numbers, Currency
                                                                                      • Trade Preference Information
                                                                                        • Tax Information & Defaults
                                                                                            • Historical Reporting
                                                                                            • Detailed Transaction Activity
                                                                                              • Activity For Statements
                                                                                                • Customer History
                                                                                                    • Security & Audit
                                                                                                    • Password Protection By Menu Item
                                                                                                      • Protection Down To Field & Button Level
                                                                                                        • User Profiles
                                                                                                          • File Encryption
                                                                                                            • Complete Chronological Audit Trail
                                                                                                                • Standard Reporting
                                                                                                                • Transactions
                                                                                                                  • Daily Transaction Report
                                                                                                                  • Acquisitions
                                                                                                                  • Redemptions
                                                                                                                  • Cancellations
                                                                                                                  • Trade Date Blotter
                                                                                                                  • Settlement Date Blotter
                                                                                                                • Positions
                                                                                                                  • Settlement Date Inventory
                                                                                                                  • Trade Date Inventory
                                                                                                                  • Fails Report
                                                                                                                  • Holdings By Security Type
                                                                                                                  • Maturity List
                                                                                                                • Accounting
                                                                                                                  • Market Value Report
                                                                                                                  • Accounting Report
                                                                                                                  • Accretion/Amortization
                                                                                                                  • Interest Accrual Report
                                                                                                                  • Interest Received By Where Held Code
                                                                                                                  • Dividends Received By Where Held Code
                                                                                                                  • Security Accounting Modifications
                                                                                                                  • Mark to Market Report
                                                                                                                  • Cash Flow Projection
                                                                                                                  • Fed Call Report
                                                                                                                  • Cost of Carry Report
                                                                                                                  • Security Gain/Loss
                                                                                                                  • Trial Balance Report
                                                                                                                • Status Reports
                                                                                                                  • Safekeeping Report
                                                                                                                  • Pledged Securities
                                                                                                                  • Unpledged Securities
                                                                                                                  • Maturities Due Report
                                                                                                                  • Callable Securities
                                                                                                                  • Putable Securities
                                                                                                                  • Distribution By CUSIP
                                                                                                                  • Distribution By Security Type
                                                                                                                  • Distribution By Maturity Date
                                                                                                                  • Distribution By Put Date
                                                                                                                  • Distribution By State (Muni Securities)
                                                                                                                  • Distribution By Rating (Muni Securities)
                                                                                                                • Summary Reports
                                                                                                                  • Realized Rate of Return
                                                                                                                  • Transaction Summary
                                                                                                                  • Accounting Summary
                                                                                                                  • Safekeeping Summary
                                                                                                                  • Pledged Securities
                                                                                                                • Optional Embedded Report Writer
                                                                                                                  • File Export To Other Packages
                                                                                                                  • Multiple Line Item Reporting
                                                                                                                  • Mathematical Calculations
                                                                                                                  • Free Form 'Statement' Type Reports

                                                                                                                  Site Map |  Privacy Policy |  Staff Login
                                                                                                                  Copyright © 2008 MIMICS, Inc. All Rights Reserved.