August 13, 2012
--- Enhancements to TD Ameritrade Institutional’s rebalancing
software allow advisers to submit trades from iRebal directly to Veo, saving
time and reducing risk. ---
The accuracy and efficiency of the portfolio
rebalancing process have been improved, according to the firm. Advisers looking
to take immediate action on portfolio rebalancing, cash management or tactical
trading decisions in client portfolios can enter orders directly from iRebal to
Veo, TD Ameritrade Institutional’s adviser trading platform. Processing trades
within the rebalancing tool saves time and helps minimizes risk of errors that
occur when translating trade data between multiple disconnected platforms.
The inefficiencies associated with the rebalancing process,
including the need to export trade files and move back and forth between
different technologies and platforms, have been eliminated, according toJustin Di Filippo, senior product
manager, iRebal at TD Ameritrade Institutional. “This time-consuming process
can now be executed with a click of a button thanks to an integration using Veo
Open Access capabilities,” Di Filippo said.
iRebal leverages TD Ameritrade Institutional’s open API
(application programming interface) allowing the rebalancing technology to
process trade orders straight through to a custodial platform. The new feature permits
advisers to administer buy-and-sell orders in real time within a client portfolio.
Additional trading capabilities, including “time in force” and “limit price”
parameters, may also be set so advisers can capture
trading flexibilities that previously would have been managed separately on
their custodial platform.
In addition to straight-through trading, iRebal users will
experience simplified navigation. An enhanced dashboard arrangement with ribbon
menus gives advisers one-click access to their most commonly used tasks and
workflows when rebalancing client portfolios. Tabbed screens can be pulled from
the main dashboard to take advantage of an adviser’s dual-monitor setups in
Also new to iRebal is a customizable client portfolio report.
Advisers can create graphics to show a client’s portfolio allocation and
provide a breakdown of positions held in the account, including cash. Advisers
can also add company logos, disclaimers, notes and contact information to brand