Electronic broker launches online tool that consolidates mortgage portfolios

Electronic broker Interactive Brokers Group (IBC) recently launched Portfolio Checkup, an online portfolio analysis tool that consolidates mortgage portfolios into a single page analysis.

Portfolio Checkup is incorporated within PortfolioAnalyst, an online application that enables users to synthesize, track, and analyze the performance mortgage accounts held at any financial institution.

Additionally, the tool allows users to combine their mortgage accounts so they can view their complete portfolio and utilize advanced analytics. Users will also be able to use risk metrics such as max drawdown, peak-to-valley, Sharpe ratio, and standard deviation to understand their portfolio’s risks relative to returns at a glance .

“We provide a one stop portfolio analysis tool that lets you see investment returns, risk, asset class distribution, geographical distribution, and sector distribution for all accounts in one location,” said Steven Sanders, executive vice president of marketing and product development for IBC. “Portfolio Checkup measures your complete portfolio performance and shows results in an easy-to-understand format.”

“We’re offering these free tools to the investing public at large to expand the Interactive Brokers brand and raise awareness of our breadth of products, sophisticated technology, and superior pricing.”