Odyssey Financial Technologies has unveiled the latest release of its WealthManager™ product.

Following the launch of version 5 in September last year, Release 5.1 expands the depth of WealthManager's portfolio management features by leveraging the advanced analytics of Odyssey’s Triple'A Plus™ suite. It introduces a number of features, allowing users to select a universe of portfolios on which to perform many different analyses. In addition, extensive drill-down functions have been added for exploring the details of individual portfolios, and individual detail pages within the application have been extended to provide deeper and more flexible Asset Class-specific analyses.

Greg Conley, Odyssey Financial Technologies CEO, comments, “WealthManager 5.1 will bring both functional and technological benefits to our customer base. The new release includes new Portfolio Analysis features that significantly enhance the capabilities of the Portfolio Management module, and introduces IBM's Cognos as our standard reporting technology, which is in line with the Deep Embed agreement we concluded with IBM in June 2009.”

Another development in WealthManager™ 5.1 is the Translation Tool, which makes it possible to implement and customize the system directly in the user’s preferred language. This new tool marks the first step on a path to improve the available configuration tools, in order to further reduce implementation time and Total Cost of Ownership.