Overview
Unit Pricing and NAVs
Unit Pricing for a collective fund or fund of fund is a mission-critical process for any wealth platform. InvestPro enables Wealth Managers to manage individual accounts and collectives on a single platform, and clients get the same levels of rigour and control applied to their individual investment that a life or pensions client gets at the fund level.
InvestPro produces lightning-fast NAVs and unit prices, tight controls and comprehensive drill-down reports via a web-based analytics application. It calculates NAVs and unit prices using the transactional database and checked against fund accounts data to provide a control check on the quality of the asset and liability valuations. Comprehensive auditable records of past valuations, independent of transactional data and exception-based reporting, provide a robust solution for governance, risk and compliance requirements.
Lightning-fast NAVs and Unit Prices
Comprehensive and flexible
Creation and cancellation basis pricing
Trusted by 150,000+ funds
Key Benefits
Boost Investment administration efficiencies, reduce operational costs and mitigate risk
- Perform unit pricing of collective funds and fund of funds with ease
- Automatic reconciliation with GL for full consistency
- Fully comprehensive and flexible unit pricing
- Automation removes the need for spreadsheets and manual processing
- Full history of past unit pricing retained for ease of audit and analysis
Other Key Features
Self-service web portal Portfolio Valuations Trade Order Management General Ledger PRIIPs Performance Measurement Reconciliations Charges Cash Allocation and Rebalancing Tax Accruals Oversight & AuditSelf-service web portal
What it does for you
- Improve client satisfaction with easy access to their investments
- Reduce administration by giving clients and advisors the ability to manage portfolios
- Send validated customer captured trade instructions straight to market
- Configurable access rights for secure access by user type
- In-built rules and a breach mechanism provide continuous oversight
- Hosted solution for reliability and scalability
Portfolio Valuations
What it does for you
- Generate lightning-fast valuations or easily consolidate valuations created by others
- Valuations available via InvestPro's self-service web portal
- All major asset classes covered
- Full drill-down records of past valuations as standard
- Links to external data providers for standing asset data, corporate actions and market price data
- Automation and exception-based processing to optimise operational efficiency
Trade Order Management
What it does for you
- Manage the entire trading life cycle efficiently
- Automated order management processing reduces errors
- Customisable workflows for different security categories
- Links to major trading platforms and settlement counterparties for maximum automation
- All trading stages and processes are user-configurable for complete flexibility
- Alerts, rule breaches and management information analytics for increased oversight
- Scalable to millions of transactions per day
General Ledger
What it does for you
- Native full general ledger for on and off-balance sheet assets
- Include the chart of accounts for all the investment activity
- Integration with all popular accounting systems for ease of inclusion in corporate accounts
- Reduce operational risk with daily reconciliation of accounts
- Generate financial statements for individual client portfolios - balance sheets and revenue accounts
- Robust controls for financial statements, continuously checked and recorded within the audit logs
PRIIPs
What it does for you
- Automate KID production in a controlled environment
- Minimise dependencies on external parties
- Covers direct funds, fund of funds and single and regular premium PRIIPs
- Exception based processing to reduce risk
- Data analytics on the PRIIPs dataset
- Produces additional point of sale material
- Pre and post-sale PRIIPs including KID charges calculations
Performance Measurement
What it does for you
- Accurate performance measurement straight from the investment database
- Auditable record of all performance calculations
- Reduce operational risks caused by using spreadsheet macros
- Effortless sharing of all performance calculations
- Comprehensive graphical analysis of performance and risk metrics
- Uncover detailed financial insights to help leverage assets and generate better returns
Reconciliations
What it does for you
- Reduce operational risk across investment administration.
- Verified asset positions for robust reporting
- Reduce risk of errors with daily automated bank reconciliations
- Independent checks on trading functions
- Matches multiple banks to system transactions
- Find data exceptions before they become financial problems
Charges
What it does for you
- Remove the risk of manual and offline charge calculations
- Display charges clearly on valuation statements
- Extensive reporting capability to meet regulatory requirements
- Replicate charges deducted elsewhere
- Comply with MiFID II cost and charges
- Calculates IDD charges and generates PRIIPs and KIDs
Cash Allocation and Rebalancing
What it does for you
- Integration with business systems to capture individual wealth accounts fund requests
- 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
- Implicit and explicit box management functionality for all funds
- Configurable compliance rules ensure allocations are checked before approval
- Automated Model Portfolio rebalancing and risk monitoring settings
- Manage higher volumes of funds with little increase in time or staff cost
Tax Accruals
What it does for you
- Accurate and up-to-date taxation accrual calculations as an integral part of portfolio valuations
- Allowance for complexities of life industry taxation code including CGT deemed disposals
- Full drill-down reporting on accruals to security level data
- Compute tax provisions for unit-linked funds subject to UK and Irish I-E tax based on a full application of the 'Income minus expenditure' rules
- Generate corporate tax calculations for the insurer's tax returns and financial statements
Oversight & 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/ configuration over rule settings.
- Increase regulator, board and policyholder 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.
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!