WORKFLOW USE CASE
Interactive Brokers Workflow
Maximize the potential of Interactive Brokers (IB) with automation. By leveraging Everysk, asset managers enhance operational efficiency with a plug-and-play risk solution for their multi asset class IB portfolios, easily run time series analysis, and combine their IB portfolios with other data sources. Utilizes: Six digital robots
Tailor-Made for Interactive Brokers
Interactive Brokers’ users know that setting up custom reporting and risk management externally can be cumbersome.
Integrating data, especially from IB’s SFTP feed, often involves time-consuming normalization and mapping to market data, increasing the risk of errors. Likewise, manually generating and distributing risk and performance reports adds operational burdens that impede critical decision-making.
Everysk addresses these challenges by offering a seamless plug-and-play integration with Interactive Brokers. Seamlessly connected to the IB SFTP feed, this workflow normalizes the data, and maps it to relevant market sources.
Leveraging its proprietary risk engine and market data, Everysk produces customized, timely risk and performance reports tailored to each institution’s needs. These reports are generated on a scheduled basis, reducing manual effort and ensuring faster access to crucial data. Lastly Everysk offers scale – combining multiple IB portfolios with other sources to provide holistic reports.
Explore the workflow below.
Comprehensive Review
Interactive Brokers Workflow
Asset managers that utilize Interactive Brokers streamline risk and performance reporting and automated report distribution with Everysk. Keep reading to see the robots that power the workflow.
File Generator Robot
Saves the IB file to the system so clients have a repository of raw data files available in the system.
Interactive Brokers Parser
An off-the-shelf robot custom built to retrieve positions, NAV, and performance information from the standard Interactive Brokers file.
Portfolio Generator Robot
Saves a daily portfolio to Everysk with mapped positions and enriched data for stocks, bonds, futures, options, swaps and more. Tags the portfolios so historic snapshots can be easily found and trends analyzed over time through data exploration.
Calculation Robot
Calls Everysk’s proprietary risk engine to calculate exposures, volatility, VaR, stress testing and sensitivities. Also updates daily performance metrics to ongoing time series saved in the system.
Report Generator Robot
Datastores with the calculations and time series are passed to customizable report templates that display daily risk and performance.
Email Distribution Robot
Reports are sent out to a distribution list via email. Further alerts can be configured if there are high impact errors that require urgent attention.
Key Workflow Benefits
By automating the process of positions data normalization, market data mapping, and report generation, Everysk reduces manual effort and frees up resources for strategic initiatives.
Clients easily store data over time, perform data explorations, combine portfolios with other feeds, and run everything through Everysk’s powerful risk engine.
Everysk’s solution is plug-and-play for Interactive Brokers’ clients. Get up and running in days with user-friendly configurable tools to customize reports and workflows.
