PERFORMANCE EVALUATION:
Evaluating success and job performance in the public treasury space can be difficult. Investing in this arena requires a focus on safety and liquidity objectives that put principal protection and managing liabilities ahead of return. MaxQ's asset-liability management (ALM) approach to investing and duration optimization process ensure your portfolio can meet these objectives while producing optimal income and return for your stakeholders. Come see why MaxQ is the trusted solution to evaluate and report on over $28 billion in assets and growing!
PORTFOLIO ACCOUNTING:
After nearly a decade in development, MaxQ has created a process that keeps accounting records and journal entries orderly and efficient. We understand how critical the accounting function is to your institution and know accuracy and reliability are paramount to your success. With the ability to track activity as it happens and provide daily reconciliations to track inflows and outflows, MaxQ can ensure day-to-day operations run smooth and critical financial data is recorded appropriately.
PORTFOLIO REPORTING:
Public institutions need accurate and timely reporting to fulfill GASB and other related requirements and need the right tools for the job. The foundation of MaxQ is built on the idea that reporting must be comprehensive, flexible and accurate to the greatest degree possible to fulfill that mission. With a vast library of reports and exports covering thousands of current and historical data points, MaxQ ensures efficient reporting and access to data are the cornerstone of our product. If we can record it, we can report it!
Our Mission
Provide best-in-class portfolio evaluation, accounting and reporting tools for state and local government treasury professionals. We understand public fund portfolio managers exist in a unique space that requires a unique understanding of the goals and objectives for their mission. Our focus on asset-liability management (ALM) ensures the MaxQ platform guides investing with safety and liquidity as primary objectives.
Our Values
Much like the Marine Corp Values our founder swore to over 25 years ago, MaxQ is built on the idea of honoring our obligation to client success and a commitment to excellence in the service and support of our platform. We are focused on a cost-conscious yet technologically advanced system that public fund officials trust to get the job done.
Our Goals
MaxQ looks to become the industry leader in state and local government treasury analytics and reporting. Public fund officials wear many hats and often times have limited time and resources to do their job. MaxQ is the only platform on the market that combines back-office accounting and reporting with front-office investment management tools. This combination creates efficiency and lowers time spent managing the investment process by utilizing a single platform.
Our Story
MaxQ Analytics was originally created to help guide the investment and cash management process for public fund portfolio managers that often have limited time and resources to get the job done. By providing technological solutions to measure cash flow and liquidity needs, optimize duration targets and identify optimal sector allocations, MaxQ provided a clear and distinct path to creating sound investment strategy for public treasury clients. With the addition of the PEAR suite of models, MaxQ now serves as a complete back-office solution providing the investment accounting and reporting process from A to Z.
Our Services
MaxQ provides full accounting and reporting services through their PEAR (Portfolio Evaluation, Accounting and Reporting) cloud based system. These services include full monthly journal entries with daily reconciliations, transaction and interest confirmations and cash activity monitoring. PEAR also includes a unique ALM based duration-optimization model for creating portfolio asset allocations, managing liabilities/cash flow expectations and guidance for making sound and tactical investment decisions.
Our Founder
Jason Klinghoffer lives in Irvine, California with his wife Courtney and son Everett. He is a former United States Marine who began his professional career nearly 20 years ago working as a portfolio analyst and fixed income trader for an institutional brokerage team specializing in state and local government investing. His love and appreciation of technology can be traced back to his teenage years where he ran multiple small businesses specializing in personal computers, networking, server infrastructure and video conferencing.
Jason started developing MaxQ Analytics in 2015 as a tool to help state and local government portfolio managers make informed and calculated decisions about investing. He specializes in addressing the philosophical, political and analytical complexities of public fund portfolio management. He has been a guest lecturer and speaker at numerous national and state conferences, educational seminars and advisory board meetings focused on public fund investing. Jason holds the Chartered Financial Analyst® designation from the CFA Institute and is an active member of the CFA Society of Orange County.
Technology
- Client Access Portal
- Azure Cloud Reliability
- Calculation Engine
- The Difference Maker
- Model Driven Solutions
MaxQ employs a technology and calculation engine that allows us to take a different approach using modular design. This design principle subdivides our system into smaller parts called models which are created and modified independently of each other. There may be data flowing from one model to another, but the operation and construction of each model allows us to identify, replace or enhance features quickly and independently of other models in our system. This brilliant design avoids the potential for cascading effects you might see in other systems when one element is changed and unintended consequences occur in some other part of the platform.
Solutions
Partners
Mischler Financial Group
MaxQ is proud to partner with the Mischler Financial Group (MFG) as an exclusive broker/dealer offering our services and additional complimentary resources to their brokerage clientele. MFG is one of the industry’s oldest broker/dealer firms owned and operated by service-disabled veterans and serves institutional clients including public entities such as cities, counties, and municipalities.
Mischler provides direct access to fixed income markets, new issue underwriting and syndication with GSE, Municipal and leading Corporate debt capital market issuers. Mischler understands that competition is strong and niche firms must find a way to stand out. They recognize that public treasury clients need more in a partner than a strong reputation and competitive pricing – they need access to professionals who understand their business.
MFG employs brokers who understand the ALM approach to investing and can work with your institution to help you make thoughtful and intelligent investment decisions. With the Mischler/MaxQ strategic partnership you can maximize the potential of the MaxQ platform and create even greater efficiency in your transaction execution.
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