Web-based portfolio management with multi-criteria decision and bundle trading

We propose a Web-based business model, which integrates the process of portfolio benchmarking, multi-criteria decision analysis (MCDA), and the bundle trading, aiming to help the fund managers to make their investment decisions better by constructing efficient portfolios and re-balancing their portfolios online. In this model, a benchmark is defined firstly, and then the multi-criteria decision analysis is used to adjust the benchmark to a final efficient portfolio. Also, in the process of multi-criteria decision analysis, we consider the importance among the criteria by using a fuzzy set technique to weight the criteria. Once the portfolio allocations are made, fund managers may apply bundle trading system online to revise their allocations as conditions change.