Saxo Bank Enhances SaxoPartnerConnect with New Features

Saxo Bank enhances its SaxoPartnerConnect platform with improved Excel support, new performance data, and advanced features for Model Manager users.

Key Points: 

• Enhanced Excel Support: SaxoPartnerConnect now offers detailed Excel exports for transactions with ‘Trades’ and ‘Booking’ tabs.
• “Model of Models” Feature: Partners can combine multiple models into one for rebalancing client accounts.

Saxo Bank has announced significant enhancements to its SaxoPartnerConnect (SPC) platform, aimed at improving the user experience for its partners. The upgrades include enhanced Excel support, additional data columns for portfolio depreciation reports, and new functionalities for Model Manager users.

One of the key updates to the SPC platform is the improvement of Excel support in the Transactions report. Previously, some details were only accessible in PDF format, but with the latest update, users can now export both basic and detailed versions of the transactions report. Users select the toggle option to include all available information in the export, organizing the data neatly into two separate tabs: ‘Trades’ and ‘Booking.’ This enhancement gives partners greater flexibility and provides more comprehensive data for analysis and decision-making.

Saxo Bank Enhances SaxoPartnerConnect with New Features

Additionally, Saxo Bank has upgraded the Portfolio Depreciation End-of-Day (EOD) file to include more insightful performance data. The new data columns now include ‘Since Inception,’ ‘Year to Date (YTD),’ and ‘Quarter to Date (QTD)’ performance figures, as well as corresponding ‘Profit and Loss’ data. This also allows partners to track the performance of their portfolios more effectively and gain a deeper understanding of their investments over different time frames.

For partners utilizing the Model Manager feature, a new capability has been introduced that allows the creation of a “model of models.” This new functionality enables users to combine multiple simple models in fixed proportions to create a more complex, overarching model. This model of models can then be linked to client accounts, enabling automatic rebalancing based on the combined model’s strategy. This feature offers enhanced customization and flexibility for partners looking to tailor investment strategies more precisely for their clients.

Saxo Bank’s latest updates to the SaxoPartnerConnect platform further solidify its commitment to providing advanced tools and services for its partners, helping them manage investments and provide more tailored solutions to their clients. These new features come as part of the bank’s ongoing efforts to improve user experience and ensure that its platform remains a powerful tool for asset managers and financial institutions.

With these enhancements, Saxo Bank continues to position itself as a leading partner in the investment space, offering cutting-edge tools and capabilities that support the evolving needs of its clients.

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