TTalosian Financial Software

Case study · Asia-Pacific Wealth Manager

US equity rebalancing during Asia-Pacific overnight hours

An Asia-Pacific wealth manager needed to rebalance client US equity portfolios during US market hours without personally managing the process in the Asia-Pacific early morning.

Problem

Client need

An Asia-Pacific wealth manager wished to rebalance his clients’ US equity portfolios, but did not want to manage the process during the Asia-Pacific early morning.

Solution

Automated account review and order creation

Talosian deployed its base application and added logic that would look at a set of accounts. It would calculate the weights of each portfolio, create a set of rebalancing trades, and submit them to the exchange on market open.

Technologies

IBKR Gateway, Java, AWS

We used our base Java application connecting to an IBKR Gateway endpoint running on an Amazon Web Services EC2 virtual machine.

Result

US exposure without overnight supervision

The wealth manager was able to provide his clients with important US equity exposure while monitoring the portfolio during the Asia-Pacific daytime.