The asset management sector is currently facing structural changes. The value chain is splitted into Front Office (Portfolio Management), Middle Office (Controlling & Risk) and Back Office Operation (Settlement, Fund Price calculation (NAV) and Legal Reporting). The numbers of financial instruments that must be managed increase as well as the complexity. To stay ahead Asset Managers must ensure cost efficient services.
We offer a complete solution from conceptual design to system roll-out.
Our experience with delivering solutions includes:
Project Implementation - Fund Accounting
- Configuration of the General Ledger
- Accounting rules
- Tax Calculations (Taxable Income per share, Östereichische KEST)
- Pricing (NAV calculation)
- Automation and Process Modelling
Implementation of diverse Fund structures
- Multiclass Funds
- Fund of Funds
- Master-Sub Funds
Data Migration
- Mapping of General Ledger Accounts V3 to SimCorp Dimension
- Data Mapping
- Configuration of Filter tool box- Reconciliation and NAV Pricing checks
Compliance for German Legislation (InvG Gesetz)
- InvG Limits
- Customer specific limit rules
- Ex-ante Limit check configuration
Process Optimization - Straight Through Processing
- Automated import and export of order proposals, trade tickets, executions, advised transactions, settlement instructions, etc.
- Full coverage of Swift message flow (MT515, MT54x, MT940/950, MT300,...) according to SMPG's market practice
- Automated matching and settlement of transactions
- Payment reconiciliation including a reliable cash-forecast
- Holding reconciliation via Swift (MT535, MT536) or other electonic formats
- Implementation of an automatic trade control for a wide range of financial instruments