Overview
Investment-Linked Lifetime Annuity
Many Australian’s face challenges managing their retirement income. To avoid suffering a lifestyle reduction by not having enough income or conversely regretting not spending more earlier by having too much can be solved by investing part of your savings pot into a lifetime annuity. InvestPro can administer new investment-linked lifetime annuity products to ensure all retirees have access to the option that suits their retirement situation best while optimising longevity risk.
InvestPro assists in the removal of manual processes which reduces the risk of human error and mispricing. InvestPro provides a robust audit trail with all data stored, archived and date stamped for tracking purposes. This increased oversight supports Australian compliance requirements.
Performance Linked Income Stream
Oversight
Tax Accruals
Regulatory Reporting
Scaling without additional overheads
Key Benefits
Boost Investment administration efficiencies, reduce operational costs and mitigate risk
- User friendly dashboards, workflow and automated escalation processes
- Compliance monitoring and reporting
- STP Data interaction - Internal and External
- Scheduled active data extraction and data enrichment
- Pre-tax asset pool and segregated tax provisioning
- Scaled processes that allow implementation of new and complex products and investment strategies.
Other Key Features
Asset Allocation and Rebalancing Unit Pricing and Pricing Resilience Investment Data Management Oversight and Audit Fund Performance Reconciliations Tax AccrualsAsset Allocation and Rebalancing
What it does for you
- Convert unit/share in Fund-of-Funds movements easily
- Synchronised timing of trade execution and unit creation
- Create new shares/units in collective funds directly from client cashflows
- Algorithmic calculation of trade orders and automatic placement of trades to market
- Configurable compliance rules ensure allocations are checked before approval
- Automated Model Portfolio rebalancing and risk monitoring settings
- Manage growing fund volumes with the same human resource and cost base
Unit Pricing and Pricing Resilience
What it does for you
- Integrates with policy admin systems to capture policyholder requested fund transactions
- Market data interfaces to all major providers
- All major asset classes covered
- Full audit trail and history of records of past valuations
- Exception based reporting
- Accounting for asset disposals on the first-in-first-out or average cost basis
- Complex fund charging structures
Investment Data Management
What it does for you
- Manage all investment data in one place
- Synchronised timing of trade execution and unit creation
- Create new shares/units in collective funds directly from client cashflows
- Algorithmic calculation of trade orders and automatic placement of trades to market
- Configurable compliance rules ensure allocations are checked before approval
- Automated Model Portfolio rebalancing and risk monitoring settings
- Manage growing fund volumes without the need to add staff
Oversight and Audit
What it does for you
- Meet compliance requirements and reduce financial and reputational risk
- Pre-loaded with best-practice validation rule checks
- Complete user control and configuration over rule settings
- Increase regulator, board and scheme member approval and satisfaction
- Best of breed validation rules out of the box with easy customisation
- Low touch, highly automated and exception-based
- Intuitive user interface makes configuration easy for all users
Fund Performance
What it does for you
- Accurate fund performance straight from the investment database
- Auditable record of all fund performance calculations
- Reduce operational risks using spreadsheet macros
- Data Modelling visualisations to increase fund performance efficiency and stop potential pitfalls
- Effortless sharing of all performance calculations
- Comprehensive graphical analysis of fund performance and risk metrics
- Uncover detailed financial insights
Reconciliations
What it does for you
- Reduce operational risk across investment administration
- Verified asset positions for robust reporting
- Reduce risk of error with daily automated bank reconciliations
- Independent checks on trading functions
- Matches multiple banks to system transactions
- Find data exceptions before they become financial problems
Tax Accruals
What it does for you
- Increase the accuracy of tax accruals with automation
- Automated functionality for corporate actions processing includes coverage of Australian franking and imputation credits
- Process parcel cost adjustments available under Australian tax rules
- Reduce risk with a robust audit trail
Schedule a Live Demo
Need more information or want to arrange a demo of InvestPro? Contact our team today and we will be happy to help!