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oshello's avatar
oshello
Copper Contributor
Jul 13, 2023

Best Tools for Automating Portfolio Risk Reports (Advice Needed)

I am a trainee in a hedge fund company. My current tasks involve automating risk reports that need to be done weekly or less. Currently, everything is done very manually, copy pasting new securities ...
BI & Data Analysis
excel
power bi
H2O's avatar
H2O
Iron Contributor
Jul 13, 2023

oshello 

I can see that you are looking for a tool to automate your portfolio risk reports. Power BI is a great option for this, as it can connect to a variety of data sources, create custom visuals, and automate report distribution.

Here are some of the features of Power BI that make it well-suited for automating portfolio risk reports:

  • Data connectivity: Power BI can connect to a variety of data sources, including Excel, CSV files, and databases. This means that you can use Power BI to automate your reports even if your data is not stored in a traditional database.
  • Visualization: Power BI can create custom visuals that can be used to visualize your data in a way that is easy to understand. This is important for portfolio risk reports, as you need to be able to see the data in a way that allows you to identify potential risks.
  • Automation: Power BI can automate your reports so that they are generated automatically on a regular basis. This means that you don't have to manually create the reports each time, which saves you time and effort.

In addition to these features, Power BI is also a user-friendly tool that can be used by people with no coding knowledge. This means that your boss will be able to make changes to the reports easily without having to learn how to code.

Overall, Power BI is a great option for automating your portfolio risk reports. It is a powerful tool that can connect to a variety of data sources, create custom visuals, and automate report distribution. It is also a user-friendly tool that can be used by people with no coding knowledge.

Here are some resources that you may find helpful:

  • Power BI documentation: https://docs.microsoft.com/en-us/power-bi/
  • Power BI blog: https://powerbi.microsoft.com/en-us/blog/
  • Power BI community: https://powerbi.microsoft.com/en-us/community/

I hope this helps

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