Overview
Software for Outsourced Fund Administration
Continued growth in outsourcing combined with ever more complex operating models and client-specific requirements means old technology and clusters of spreadsheets are no longer fit for purpose. Fund Administrators need a single, exception-based fund administration solution to run efficiently and reduce operational risk.
With InvestPro, Fund Administrators can manage multiple clients with a single team, support compliance and build trust and confidence with outsourced clients. The platform provides real-time oversight, validation of operational activity and reporting. Available as cloud or on-premises operating models, FRS’ fund administration software is backed by tender winning service levels.
- Add new clients without increasing headcount
- Efficiently manage multiple operating models
- Flexibility to handle fluid client requirements within the system
- Removes the need for spreadsheets and manual processing
- Maintain margins without sacrificing operational risk or quality
- Keep staff focused on value-add work
Industry challenges
- Growth in fund volumes is increasing operational risk
- Complexity of client requirements is increasing overheads
- Increased pressure from regulators, client boards and policyholders
Invest|ProTM helps to
- Scale significantly with light human touch
- Raise delivery and compliance standards through flexibility and automation
- Instil a culture of continuous improvement
Configurable & Powerful
Key Features
Asset Valuations
Deliver customised daily asset valuations across all clients with a high-speed, controlled framework.
Unit Pricing and NAV
Tight controls and comprehensive drill-down reports for greater efficiency and compliance in investment portfolio valuations.
Fund Performance
Automate fund performance, modelling and reporting straight from the investment database.
PRIIPs
Automate the production and publication of Key Information Documents (KIDs) for PRIIPs for full compliance with European EIOPA regulation.
Reconciliations
Reduce the risk of fraud and errors with daily automated bank reconciliations on custodian and bank files, with verified asset positions.
Charges
Stay compliant and remove the risk of manual processes by automating all charge structures and calculations for charges and transactional fees.
Cash Allocation and Rebalancing
Automate the capture of policyholders' cash movements into top-level collective funds and cascade money flows through all lower fund levels.
Trade Order Management
Real-time, straight-through processing of trade orders in mutual funds, with access to major trading platforms in 30+ countries.
General Ledger
Ensure accurate investment accounting with InvestPro's fully integrated general ledger.
Tax Accruals
Eliminate lag or loss of accuracy with automated and up-to-date taxation accruals.