Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet

Typical users

• Institutional asset managers
• Hedge funds

Overview  

PM Hub is FactSet’s workflow solution built with portfolio managers in mind, allowing users to view real-time updates on their portfolios. With PM Hub, users can conduct “what-if” analysis without the need to create an order. Built on FactSet’s analytics platform, it ensures alignment with official performance reports from the firm’s PA3 Workstation application, guaranteeing accuracy and reliability. 

FactSet’s new suite of GenAI enhancements—Portfolio Assistant, Portfolio Commentary and Security Explanation—allow users to leverage the firm’s portfolio services to bring their portfolios to life within its suite of front- and middle-office tools, in combination with the rest of FactSet’s Portfolio Management Solution.

Key differentiators  

PM Hub helps bring the disparate functionality required for portfolio managers into one central location. They can quickly get answers by accessing PM Hub to view real-time updates on their portfolios’ performance, risk and composition. Additionally, if they are looking to model a trade, portfolio managers can either execute it manually in Excel (which doesn’t offer the enriching data across FactSet) or through an OMS, where they can create an order and an audit trail. PM Hub helps users understand how to position themselves in a real-time environment while saving portfolio managers time and removing friction.