Analytics
The Next Gate Tech analytics Spark is built on, and how they feed your workspace.
Spark sits on top of Next Gate Tech's analytics. Before Spark gives you canvases, tasks, and an Agent to work with, Next Gate Tech computes a broad set of fund and portfolio analytics on your data. Those results flow into Spark as data objects you can explore, visualize, and automate, so the analytics are the foundation the rest of the platform builds on.
You don't run these analytics by hand. They are produced by Next Gate Tech and made available in your workspace, where they behave like any other data: you filter and sort them in a data view, chart them on a canvas, and act on them with workflows and the Agent. Which analytics your workspace can use depends on your subscription.
The components
Each analytic has its own page in the Analytics section, with what it is, how it works, and what you get.
| Component | Type | What it does |
|---|---|---|
| Benchmark Evolution | Portfolio | Compares a fund against its benchmark on performance, risk, and allocation. |
| Contribution | Portfolio | Breaks a fund's profit and loss down by holding and by accounting entry. |
| Transaction | Portfolio | Catches booking errors and unusual trading activity in a fund's transactions. |
| Independent Price Valuation | Portfolio | Independently checks the prices used to value a fund's holdings. |
| Sub-Fund Evolution | Portfolio | Predicts how a fund should behave day to day and flags deviations. |
| Proxy | Portfolio | Rebuilds a fund's daily performance from its holdings to catch NAV errors. |
| Peers | Portfolio | Groups each fund with genuinely similar funds and spots outliers. |
| Nowcasting | Portfolio | Explains a fund's returns through broad market factors. |
| Share Class Evolution | Share class | Checks each share class against a reference class and flags unexpected drift. |
| Share Class Flow | Share class | Monitors subscriptions, redemptions, dividends, and swing pricing. |
| FX & Hedging | Share class | Independently checks that a share class is correctly hedged. |
| Fees | Share class | Independently recalculates and checks the fees charged to a share class. |
| Performance Fees | Share class | Independently recalculates performance fees and shows how they build up. |
| Performance Calculation | Other | Turns NAV per share into a Total Return index and full performance metrics. |
The exact analytics enabled for your workspace are set on your plan. If a component you expect is missing, it may belong to a tier your subscription doesn't include.