24 October 2017
visit www.response.ncr.com

E*Trade introduces investing and lending optimisation tools

20 June 2006  |  2037 views  |  0 Source: E*Trade Financial

E*TRADE FINANCIAL Corporation (NYSE: ET) today announced a series of functionality enhancements to the E*TRADE Complete Investment Account designed to help retail customers optimize their investing and borrowing relationships while evaluating their portfolio risk.

With the addition of three new, free of charge tools - the Intelligent Lending Optimizer, the Intelligent Investing Optimizer and the Risk Analyzer - E*TRADE Complete delivers unique and industry-leading functionality enabling customers to optimize their security holdings, cash and credit through one integrated and easy to use account.

"Our customers turn to E*TRADE for innovative and high-value functionality to enhance the performance of their financial relationships," said Michael Curcio, Managing Director of Retail, E*TRADE FINANCIAL. "Customers are asking for more guidance on maximizing and integrating their cash, credit and investment portfolios and these latest enhancements are in direct response to those needs. The significant organic growth in cash, assets and credit that we have experienced since the launch of E*TRADE Complete is evidence that our products are resonating."

Managing Debt with the Intelligent Lending Optimizer

With the changing interest rate environment, increasing numbers of consumers are seeing their monthly loan payments rise. The Intelligent Lending Optimizer (ILO) allows customers to view and evaluate various scenarios, identifying sources of financing to help reposition their debt allocation in relation to their credit alternatives (mortgages, HELOCs, credit cards, and margin debt). Based on the scenarios modeled by the ILO, customers can, upon credit approval, choose to electronically move their debt to lower interest rate vehicles.

Managing Investments with the Intelligent Investing Optimizer

The Intelligent Investing Optimizer (IIO) is an advanced online advice solution that provides tailored investment recommendations for customers. Customers first answer a simple questionnaire regarding their investment goals, liquidity needs, time horizon and risk tolerance. Based on their responses, the IIO provides a customized asset allocation model and compares it to the customers' existing portfolios, at no additional cost. For customers with at least $50,000 in uninvested cash, the tool offers specific no-load, no transaction fee mutual fund recommendations.

Managing Risk with the Risk Analyzer

The Risk Analyzer is an online, risk management tool created with RiskMetrics Group, a leading financial risk management firm, and is also offered free of charge to customers. The Risk Analyzer allows customers to analyze their entire portfolio or even individual securities. Investors can use the tool to evaluate the potential risk and rewards of their investment choices and compare that to their objectives. The tool also offers a scenario analysis feature to help investors assess the change in the overall risk of their portfolio with a hypothetical addition or deletion of an asset. Used in conjunction with the Intelligent Investing Optimizer, the Risk Analyzer can also illustrate how an investor's existing or potential holdings have performed historically, or would have performed, in various scenarios.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.atos.netRegister now

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20358 views comments | 31 tweets | 44 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15478 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11122 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9241 views comments | 15 tweets | 29 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job