Abstract: Systems and methods for dynamic implementation of exchange traded funds. In one embodiment, a method for dynamic implementation of exchange traded funds may include: (1) receiving a start of day value for a holding comprising a plurality of funds; (2) calculating a current value for the holding by applying a plurality of conducted trades after the start of day value involving at least one fund in the holding; (3) applying a plurality of open orders to at least one of the funds in the holding; (4) determining a per unit fund basket based on the current value; (5) optimizing the per unit fund basket; (6) compliance checking the per unit fund basket; (7) adjusting the per unit fund basket by using tax lot information to harvest a highest tax lot and a lowest tax lot; and (8) rebalancing the per-unit basket to match a next day index.

Abstract: An embodiment of the present invention is directed to a cash management tool. An embodiment of the present invention is directed to providing an ability to view current and projected cash balances to enable investment and portfolio managers to equitize cash to minimize tracking error. The innovative system and method also provides an ability to calculate and raise currency trades to meet benchmark rates.

Abstract: Systems and methods for dynamic implementation of exchange traded funds. In one embodiment, a method for dynamic implementation of exchange traded funds may include: (1) receiving a start of day value for a holding comprising a plurality of funds; (2) calculating a current value for the holding by applying a plurality of conducted trades after the start of day value involving at least one fund in the holding; (3) applying a plurality of open orders to at least one of the funds in the holding; (4) determining a per unit fund basket based on the current value; (5) optimizing the per unit fund basket; (6) compliance checking the per unit fund basket; (7) adjusting the per unit fund basket by using tax lot information to harvest a highest tax lot and a lowest tax lot; and (8) rebalancing the per-unit basket to match a next day index.