6.6.1 Creating a Metric

Define a custom profitability metric using financial elements or instrument attributes and mathematical operators.

Create a metric to define a calculation for Management Ledger or Instrument data. For a Management Ledger metric, build the calculation using financial elements. For an Instrument metric, build the calculation using attributes from the applicable instrument data.

The metric definition includes a name and an evaluation expression that specifies the calculation.

To create a metric:

1. On the Metrics screen, select the appropriate tab:

   Table 6-4 Creating an Instrument Metric

   Tab	Metric Definition
   Ledger	Create a metric using financial elements from Management Ledger data.
   Instrument	Create a metric using instrument attributes.

2. Click Add.

   The metric definition screen for the selected metric type is displayed.

   Figure 6-25 Metrics - Add

   
   

   

   
   
3. In Name, enter the name of the custom metric as it should appear in reports.
4. Build the calculation in the evaluation expression area:
   • For a Ledger metric, add the required financial elements.
   • For an Instrument metric, add the required instrument attributes.
   • Add mathematical operators to define the calculation. Use parentheses where required to group parts of the expression.

     Click the Add + icon beside an element or operator to include it in the expression.

5. Review the evaluation expression to confirm that it represents the required calculation.
6. Click Save.

   The financial-element and instrument-based calculation guidance follows the existing creation procedures in the released guide, with the entry point and visible field labels updated for the new screen.