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Systematically monitor investments, track opportunities, and manage multiple portfolios with Parallax’s comprehensive watchlist and monitoring platform. Never miss important changes in your holdings or potential investments with automated alerts and intelligent surveillance.

Advanced Watchlist Management

Intelligent Monitoring System

Multi-Portfolio Tracking

Portfolio Hierarchies: Organize client portfolios, model portfolios, and personal holdingsPerformance Monitoring: Real-time tracking of portfolio performance and attributionRisk Surveillance: Continuous monitoring of portfolio risk metrics and factor exposuresRebalancing Alerts: Automated notifications when portfolios drift from targets

Stock Surveillance

Factor Score Monitoring: Track Parallax score changes for any securityPrice and Volume Alerts: Custom alerts for price movements and trading activityNews and Event Tracking: Automatic monitoring of news and corporate eventsTechnical Indicator Alerts: Systematic alerts based on technical analysis signals

Custom Alert System

Multi-Criteria Alerts: Combine price, volume, factor scores, and news in single alertsSmart Notifications: AI-powered alert prioritization based on significanceDelivery Options: Email, SMS, mobile push notifications, or dashboard alertsAlert History: Complete record of all alerts and their market impact

Systematic Monitoring Strategies

Professional-Grade Surveillance

Performance Tracking:
  • Real-time portfolio value and performance measurement
  • Factor attribution analysis showing performance drivers
  • Benchmark comparison and tracking error analysis
  • Risk-adjusted performance metrics (Sharpe ratio, Information ratio)
Holdings Surveillance:
  • Individual position performance and contribution analysis
  • Factor score changes for all portfolio holdings
  • Corporate action monitoring (dividends, splits, M&A)
  • News and event impact assessment for holdings
Rebalancing Management:
  • Drift monitoring from target allocations
  • Factor exposure deviation alerts
  • Systematic rebalancing recommendations
  • Transaction cost analysis for rebalancing decisions
Client Portfolio Coordination:
  • Multi-client portfolio monitoring from single dashboard
  • Household-level portfolio coordination and overlap analysis
  • Tax-loss harvesting opportunity identification
  • Cross-account optimization recommendations

Automated Alert System

Intelligent Notification Framework

Alert TypeExamples
Factor Score AlertsParallax score changes exceeding thresholds, score upgrade/downgrade notifications
Market-Based AlertsPrice movement alerts, volume spike detection, technical indicator breaches
Fundamental Change AlertsEarnings surprises, analyst estimate revisions, management changes
Event-Driven AlertsCorporate action announcements, M&A rumors, regulatory approvals

Professional Dashboard Interface

Comprehensive Monitoring Views

Executive Dashboard

Portfolio Overview: High-level performance and risk metrics across all portfoliosAlert Summary: Prioritized list of most important alerts requiring attentionMarket Context: Current market conditions and factor performance environmentKey Performance Indicators: Critical metrics tracking investment process effectiveness

Detailed Analytics

Performance Attribution: Detailed breakdown of returns by factor, sector, and securityRisk Analysis: Comprehensive risk metrics with historical context and peer comparisonFactor Monitoring: Current factor exposures vs. targets with drift analysisTrade Impact Analysis: Historical analysis of trade execution and market impact

Alert Management

Alert Prioritization: AI-powered ranking of alerts by importance and urgencyAlert History: Complete record of all alerts with market context and outcomesAlert Effectiveness: Analysis of alert accuracy and false positive ratesCustom Alert Builder: Flexible alert creation with multiple criteria and conditions

Integration with Investment Process

Workflow Enhancement

Research Integration:
  • Seamless transition from watchlist monitoring to detailed analysis
  • Research notes and analyst comments attached to watchlist items
  • Historical performance tracking of research recommendations
  • Integration with external research platforms and data sources
Portfolio Management Integration:
  • Direct execution capabilities from watchlist alerts
  • Position sizing recommendations based on portfolio context
  • Risk budget allocation suggestions for new positions
  • Tax-aware trading recommendations for taxable accounts
Client Communication:
  • Automated client reporting on portfolio changes and alerts
  • Customizable client dashboards with relevant monitoring information
  • Alert summaries and market commentary for client communications
  • Performance attribution explanations for client portfolio changes

Advanced Monitoring Features

Institutional-Grade Capabilities

Predictive Analytics:
  • Machine learning models predicting factor score changes
  • Price target probability assessment based on multiple factors
  • Event impact prediction using historical pattern analysis
  • Portfolio optimization recommendations based on monitoring insights
Correlation Analysis:
  • Dynamic correlation monitoring between holdings
  • Factor correlation analysis and diversification effectiveness
  • Market regime impact on correlation patterns
  • Cross-asset correlation monitoring for comprehensive risk assessment
Performance Attribution:
  • Factor-based attribution analysis for all monitored portfolios
  • Security selection vs. factor allocation attribution
  • Timing attribution for tactical allocation changes
  • Transaction cost attribution and execution quality analysis

Never miss an important investment opportunity or risk. Learn how monitoring integrates with Portfolio Analyzer for comprehensive investment management.