EVestment Plugins For Excel
Overview
Unlock the full potential of financial data analysis with the eVestment Excel plugin, an indispensable tool for professionals seeking seamless integration of comprehensive eVestment databases into the familiar interface of Microsoft Excel. Enhance your strategic decision-making with fast access to a wealth of data points ranging from mutual funds to market indices, and leverage advanced calculation and charting capabilities to streamline the sustainable investment process. On this page, we'll delve into the transformative features of eVestment plugins for Excel, explore common use cases such as asset allocation and risk management, and address frequently asked questions, providing you with a thorough understanding of how eVestment's Excel integration can elevate transparency, efficiency, and accountability in your financial analysis.
eVestment Plugins for Excel
Retrieving Data from Databases
The eVestment Excel plugin facilitates the retrieval of data directly within Excel from Morningstar databases. It supports a variety of databases, including mutual funds, stocks, ETFs, and economic data. Morningstar Direct users have the capability to dynamically retrieve data and analytics.
Creating and Using Templates
Users have the option to either start with a pre-existing Morningstar template or to build their own templates within Excel. This allows for flexibility and customization based on the user's specific needs.
Incorporating Data into Excel Models
Data retrieved via the plugin can be directly incorporated into Excel models, enabling users to perform further analysis and integrate with their existing workflows.
Accessing Market Data for Commodities Traders
Commodities traders can access market data right within Excel. The Commodity Add-In provides function-based output, including forward curves. This allows for a more in-depth analysis of commodities markets.
Disseminating Data
Data can be disseminated by uploading it to the Morningstar Commodity Data Warehouse, providing a centralized point for data management and distribution.
Installation Requirements
The plugin requires the installation of the Morningstar Direct Excel Add-in. Installation packages are available in various formats, including .exe, .msi, and .zip. To ensure the add-in functions correctly, certain URLs must be whitelisted.
Common Use Cases
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Market Intelligence AnalysisE
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Portfolio Data ManagementE
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Custom Investment ReportingE
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Competitive Analysis and RankingE
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Geographical Market AnalysisE
Frequently Asked Questions
What is the purpose of the eVestment plugin for Excel?
The eVestment plugin for Excel is designed to save time and provide a responsive reporting process by allowing users to recreate client report templates, select specific data points and configurations, and export the latest fund performance into pre-formatted outputs that align with individual client requirements. It includes a performance calculation engine, enables the upload of transactional cash flow data, and calculates a full track record of deal and fund metrics. Additionally, it offers sophisticated data analytics and visualization tools and streamlines the starting point of the reporting process.
Can the eVestment plugin for Excel calculate performance metrics?
Yes, the eVestment plugin for Excel has an engine for performance calculation that allows users to upload transactional cash flow data and calculates a full track record of deal and fund metrics.
How does the eVestment plugin for Excel assist General Partners (GPs)?
The eVestment plugin for Excel assists GPs by enabling them to export the latest fund performance data into pre-formatted outputs quickly and efficiently. This helps GPs in delivering performance insights to investors promptly and aligns with individual client requirements.
Does the eVestment Excel plugin provide data visualization tools?
Yes, the eVestment Excel plugin offers sophisticated data analytics and visualization tools that help users in drawing insights quickly.
Is there a demo or documentation available for the eVestment Excel Add-in?
The Excel Add-in includes a demo sheet, but there seems to be no readily available documentation for the Excel Add-in.
Conclusion
As demonstrated, the Morningstar Excel Add-In is a powerful tool that enriches Excel, making it an indispensable resource for Morningstar Direct and Commodities Users on Windows. This add-in simplifies the retrieval of expansive and diverse financial data—from mutual funds to market indices—directly into Excel, where users can benefit from Excel’s extensive capabilities for organizing, analyzing, and visualizing financial data. However, if you seek an even more streamlined approach to importing your data into spreadsheets, consider using Sourcetable. With Sourcetable, you can bypass plugins and directly import data into your spreadsheets, enhancing efficiency and efficacy. Sign up for Sourcetable today and elevate your data integration and financial analysis to new heights.
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