Behind the Design

Behind the Design of EquityStat’s Portfolio Manager

EquityStat’s portfolio manager was built for investors by investors.  As investors we found many portfolio managers just didn’t work how we wanted them to.  Whether the portfolio manager was from a brokerage account, mutual fund or from a software company, many just didn’t work well.  This was a driving force for us building EquityStat’s portfolio manager.

One major problem of other portfolio managers is they don’t refresh your investment prices and portfolio value automatically.  To see your latest values, you have to manually refresh the page.

We didn’t want our portfolio manager to behave this way.  With our portfolio manager your prices and portfolio values are updated automatically without you having to refresh the page.  Every 15 minutes we query the latest prices of your investments and update your portfolio.  In the upper right hand corner, we even display the last time the quotes were updated.  All of this happens automatically without you having to constantly refresh the page to see how your investments are performing.

Another problem of other portfolio managers is entering transactions.  When entering transactions the portfolio manager will post back the transaction to the webserver and then do a page refresh with the new data. This is very cumbersome.

EquityStat’s portfolio manager does all of the saving in the background.  When you add or edit a transaction, the transaction is saved and updated behind the scene.  The only thing you see is notification at the top of the portfolio that the transaction has been saved.  The benefit of this is less page refreshing and a more natural, less cumbersome way of entering transactions.

In the coming weeks, we will highlight more design features or our portfolio manager and how it benefits our users.