First Rate Releases 2019 Product Upgrades

First Rate Launches 6.4.0- Infographic Highlights

First Rate’s 6.4.0 release signifies the continued growth and evolution of First Rate’s solution and service offerings, focusing on investment performance, integrations, and enhanced emphasis on reporting and analytics.

Arlington, TX – May 1, 2019 – First Rate, a leading provider of wealth management solutions, today announced the 6.4.0 release of First Rate’s product enhancements for its CORE solution. These updates add greater functionality, enhance operational efficiency, and streamline the investment reporting process.

“6.4 is a major milestone release for First Rate. We are passionate about enabling our customers to tell their unique investment story, and we are extremely excited to help clients leveraging UMA/SMA manager models to tell this story in a clean, intuitive fashion,” said Chief Product Officer Marshall Smith. “In addition to added reporting and flexibility options, we have upgraded all of our middleware software to support efficiency, security, and infrastructure requirements for years to come. This major investment demonstrates our commitment to remain an independent and innovative Fintech provider for the future.”

First Rate CORE

CORE is a holistic web-based console designed to meet the complex, evolving investment measurement and client reporting needs of today’s financial service marketplace. It features a full suite of seamless wealth management applications powered by the proven First Rate performance calculation engine. First Rate was honored to win’s “Best Technology” award in the compliance category. With more than 500 financial service clients worldwide measuring more than 2 trillion in assets under management, First Rate continuously introduces new functionality to its suite of solutions. First Rate’s product development teams are organized into two unique business units focused on (1) Performance Calculations & Integrations and (2) Reporting and Analytics. These agile teams are led by industry veteran Product Managers Debra Detweiler & Patrick Flaherty CIPM.

6.4 Highlights include:

  • Performance and Integrations
    • MiFID depreciation alert popups and extracts to support the EU marks on managing regulatory compliance
    • User access reports to monitor the platform’s user security
    • Price Maintenance program to support specifying a unit threshold when building prices


  • Reporting and Analytics
    • Strategy performance reporting debut, otherwise known as multi-manager reporting for clients using separately managed accounts (SMA) and unified managed account (UMA) configurations
    • OnPoint Reporting Enhancements including money-weighted rates of return, new half-panel sub-reports, and additional data points
    • New report time run options to personalize your investors’ stories


About First Rate

First Rate exists to help wealth management companies grow and thrive as stewards of their clients’ investments. Our reporting solutions help financial firms create absolute transparency while empowering investors to simplify and better understand their financial world.

Through First Rate’s holistic view of engagement, we deliver adaptable and tailored solutions that sustain long-term relationships. With a proven track record including more than 25 years of experience, our relentless focus on meeting the diverse needs of our partners is unmatched in the industry.

We design the best technologies and foster superior client relationships, enabling our partners to prosper by providing similar successful – and enduring – relationships to investors. First Rate gives financial firms peace of mind by delivering consistent, accurate results that are designed to address the specific needs of their business – and their investors.


Follow us: @FirstRatePerf

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