Definition: A centralized, real-time repository asset managers use to get an accurate, intraday view of portfolio positions, cash, and trade activity. The IBOR primarily supports front-office decision-making, enabling portfolio managers to see current exposures and trade accurately throughout the day, as opposed to accounting systems that primarily support the back office.
Example: The front office might consult the IBOR before placing a large order to review the current portfolio (including pending trades) and make sure the new trade does not breach guidelines.
Explore the IVP NAV Solution
The IVP NAV Solution can integrate directly with systems used for the IBOR. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
