Putnam Investments launched FundVisualizer, a Web-based analytical tool that allows advisers to compare more than 100,000 mutual funds and ETFs in 60 different categories and formats to help them pick and choose the products that will best meet their clients' individual investment needs.FundVisualizer, which was developed by Putnam's in-house IT staff with some help from third-party vendors in roughly 70 days, is platform agnostic -- meaning future mobile versions will be compatible with a variety of tablet PCs like the iPad and Research In Motion's PlayBook and countless others. It is powered by Morningstar data, including the full universe of mutual funds and ETFs.

For now, any financial adviser can access FundVisualizer for free by simply registering at the Putnam adviser site to begin comparing mutual funds -- Putnam and otherwise -- across a variety of data points including performance, risk and asset size.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.