With Kwanti’s xPDF feature, you can upload a prospect's or client’s PDF statement for automated analysis. xPDF extracts position details into a portfolio, allowing for efficient and streamlined data analysis. This feature is available as an add-on (see Cost section below).
Requirements for Successful Analysis
For xPDF to process a statement successfully, each position must include the following:
- A Ticker OR CUSIP, AND
- A Value OR Quantity.
Important Notes:
- Kwanti has a data feed for all Stocks, ETFs, and Mutual Funds.
- If the statement includes Bond positions or assets with only a CUSIP and no additional details, a proxy must be defined.
- After the PDF is analyzed, you will receive instructions to set up proxies for any unsupported positions, if applicable.
Cost
- Monthly Plan: $75/month per advisor.
- Yearly Plan: $810/year per advisor (10% discount).
- Includes 5 PDF uploads per month (or 60 per year for yearly plans).
Important:
Even if a prospect/client has multiple statements, they will count as one credit as long as they belong to the same prospect/client.
To enable xPDF for your account, please email support@kwanti.com.
Getting Started
Step 1: Import the PDF
- Navigate to "Import" > "PDF".
- Select "Upload File" and choose the account statement in PDF format. The PDF will appear in the table with a status of "Pending".
- Kwanti will analyze the statement and extract the positions within 24 business hours. You will receive an email notification once the analysis is ready for review.
Step 2: Review the Analyzed Statement
- Navigate to "Import" > "PDF".
- Locate the analyzed PDF listed with a status of "Review" and click to proceed.
- If errors are flagged (e.g., positions with only a CUSIP), resolve them by clicking on the yellow warning icon next to the position:
- Select a suitable proxy from the provided list.
- If a new proxy needs to be defined, follow the detailed instructions provided here.
Step 3: Create the Portfolio
- Once all positions are verified, click "Create Portfolio".
- The portfolio will now be available for your analysis.
Data Security
Kwanti ensures the highest level of data security for all uploaded PDF statements. You can find more details about our security measures here.