Computerized portfolio management tool

Patent metadata

Field	Value
Publication number	US-11037244-B1
Application number	US-201815910526-A
Country	US
Kind code	B1
Filing date	Mar 2, 2018
Priority date	Mar 3, 2017
Publication date	Jun 15, 2021
Grant date	Jun 15, 2021

Abstract

Various examples are directed to providing portfolio management tools. For example, a system may generate a portfolio management user interface comprising a first table and a first rebalancing button. The first table may comprise an asset class name column; a model portfolio column indicating asset class weights in a model portfolio; a test portfolio column indicating asset class weights in a test portfolio; a modification column indicating modifications to asset class weights; a modified portfolio column indicating asset class weights in a modified portfolio; and a plurality of rows comprising a first row for a first asset class of the asset classes and a second row for a second asset class of the asset classes. The system may receive an indication that the user selected the rebalancing button and generate a first set of modifications to asset class weights to reduce a difference between the test portfolio and the model portfolio.

First claim

What is claimed is:

1. A system comprising:
a computing device comprising a processor unit programmed to perform operations comprising:
generating a portfolio management user interface comprising:
a first table comprising an asset class name column; a model portfolio column indicating asset class weights in a model portfolio; a test portfolio column indicating asset class weights in a test portfolio; a modification column indicating modifications to asset class weights; a modified portfolio column indicating asset class weights in a modified portfolio, wherein the modified portfolio is based at least in part on the test portfolio and the modifications to asset class weights indicated at the modification column; and a plurality of rows comprising a first row for a first asset class of the asset classes and a second row for a second asset class of the asset classes;
a first rebalancing button; and
a first result field comprising:
a first axis indicating time;
a second axis indicating portfolio size;
a first curve plotted on the first axis and the second axis, the first curve indicating a portfolio size over time for the model portfolio; and
a second curve plotted on the first axis and the second axis, the second curve indicating a portfolio size over time for the test portfolio;

receiving an indication that the user selected the first rebalancing button;
in response to the indication, generating a first set of modifications to asset class weights to reduce a difference between the test portfolio and the model portfolio, wherein the first set of modifications comprises a positive modification to the first asset class and a negative modification to the second asset class;
updating the first row to indicate the positive modification;
updating the second row to indicate the negative modification;
receiving, from a user an instruction to drag the first curve, the instruction describing a size of the drag and a direction of the drag;
selecting a second model portfolio based at least in part on the size of the drag and the direction of the drag; and
modifying the first result field to include a third curve plotted on the first axis and the second axis, the third curve indicating a portfolio size over time for the second model portfolio.

2. The system of claim 1 , wherein the first set of modifications is to reduce an error metric describing the difference between the test portfolio and the model portfolio.

3. The system of claim 1 , wherein the processor unit is further programmed to perform operations comprising:
displaying an error metric field showing an error metric indicating a difference between the test portfolio and the model portfolio; and
displaying a modified error metric field showing an error metric indicating a difference between the modified portfolio and the model portfolio.

4. The system of claim 1 , wherein updating the first row to indicate the positive modification comprises:
populating a modification field of the first row with an indication of the positive modification, wherein the modification field corresponds to a modification column; and
populating a modified portfolio field of the first row with an indication of an asset class weight of the modified portfolio based at least in part on the positive modification, wherein the modified portfolio field corresponds to the modified portfolio column.

5. The system of claim 1 , wherein the processor unit is further programmed to perform operations comprising:
receiving an indication that the user has again selected the first rebalancing button; and
generating a second set of modifications to asset class weights to generate a second modified portfolio based at least in part on the test portfolio, the first set of modifications and the second set of modifications, wherein an error metric indicating a difference between the model portfolio and the second modified portfolio is less than an error metric indicating a difference between the model portfolio and the modified portfolio.

6. The system of claim 1 , wherein the user interface comprises a second rebalancing button, and wherein the processor unit is further programmed to perform operations comprising:
receiving an indication that the user selected the second rebalancing button; and
generating a second set of modifications to asset class weights to reduce a difference between the test portfolio and the model portfolio, wherein the second set of modifications comprises a plurality of positive modifications and a plurality of negative modifications.

7. The system of claim 5 , wherein the processor unit is further programmed to perform operations comprising receiving a second rebalancing parameter indicating a parameter of the second set of modifications, wherein the generating of the second set of modifications is according to the parameter.

8. The system of claim 1 , wherein the user interface comprises a second result field comprising:
a third axis indicating risk;
a fourth axis indicating returns;
a first curve plotted on the third axis and the fourth axis indicating an efficient frontier;
a first indicator plotted on the third axis and the fourth axis indicating the model portfolio; and
a second indicator plotted on the third axis and the fourth axis indicating the test portfolio.

9. A method comprising:
displaying, at a display of a user computing device, a first table comprising an asset class name column; a model portfolio column indicating asset class weights in a model portfolio; a test portfolio column indicating asset class weights in a test portfolio; a modification column indicating modifications to asset class weights; a modified portfolio column indicating asset class weights in a modified portfolio, wherein the modified portfolio is based at least in part on the test portfolio and the modifications to asset class weights indicated at the modification column; and a plurality of rows comprising a first row for a first asset class of the asset classes and a second row for a second asset class of the asset classes;
displaying, at the display of the user computing device, a first rebalancing button;
displaying, at the display of the user computing device, a first result field comprising a first axis indicating time; a second axis indicating portfolio size; a first curve plotted on the first axis and the second axis, the first curve indicating a portfolio size over time for the model portfolio; a second curve plotted on the first axis and the second axis, the second curve indicating a portfolio size over time for the test portfolio;
receiving, by a first computing device in communication with the user computing device, an indication that the user selected the first rebalancing button;
generating, by the first computing device, a first set of modifications to asset class weights to reduce a difference between the test portfolio and the model portfolio, wherein the first set of modifications comprises a positive modification to the first asset class and a negative modification to the second asset class;
updating, by the first computing device, the first row to indicate the positive modification;
updating, by the first computing device, the second row to indicate the negative modification;
receiving, from a user, an instruction to drag the first curve, the instruction describing a size of the drag and a direction of the drag;
selecting a second model portfolio based at least in part on the size of the drag and the direction of the drag; and
modifying the first result field to include a third curve plotted on the first axis and the second axis, the third curve indicating a portfolio size over time for the second model portfolio.

10. The method of cla

Assignees

• Wells Fargo Bank Na

Inventors

• Krieger Justin Morris
• Lee Sae
• Toolan Zar John
• Bhagat Gaurav
• Cho Sooyoung Moon

Classifications

• G06Q40/06 Primary

  Asset management; Financial planning or analysis · CPC title

• G06Q40/04 Primary

  Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange · CPC title