Fundtrader
FUNDTRADER is a cost-effective and flexible mutual fund sub-accounting and omnibus trading solution capable of automating all your fund trading and customer service tasks to reduce operational risk and improve efficiency.
Learn more about FUNDTRADER
FEATURES
ACCOUNTS
Customer data layer across accounts
Ability to handle any account type (qualified and non-qualified)
Tracks financial data- balance, value, cost basis, YTD/ITD transactions
Unlimited Transaction History
Wrap Account processing with rebalancing
Automatic Transactions: AIP’s, SWP’s
Multiple payment options: check, ACH, wire
Client statements: multi-fund, multi-lingual, e-statements
TRANSACTIONS
Supports every transaction type
Same day trades, future settlement and AS Of’s
Omnibus and fully disclosed trading
Multiple purchase sources and payment methods supported
Asset Allocation trading via profile
Trade based rebalancing option
No Post “What If” trade scenarios
Full NSCC FundSERV services supported
Full Canadian FundSERV services supported
Trade File Import capability
Multi-currency trading enabled
FUNDS
Supports multiple fund groups
Processes any type of investment fund: load, no load, CDSC, money market, hedge fund, UIT, collective, common trust, closed end, insurance stable value products
Supports all commission types: loads, trailer, performance fees, negotiable
Distributions: dividends, income, capital gains, return of capital
Fund transaction rules
Full Multi-currency support
Import or enter fund prices/rates
REPS
Assigns Reps to accounts
Dealer/Fund selling agreements
Tracks, reports and pays Dealer/Rep commissions
Supports NSCC Commission Settlement service
Dealer/Rep sales and commission reports
Omnibus Account position reconciliation
INTEGRATION
Ease of integration with Rest API’s, XML messages or text files
COMPLIANCE TAX
Short term redemption fees
Cost Basis tracking and reporting
FACTA reporting
Money market “breaking the buck”
22c-2 omnibus account reporting through NSCC
Full IRS tax reporting with magnetic media files
Revenue Canada tax reporting
Revenue Australia tax reporting
Revenue Barbados tax reporting
REPORTING
Over 100 standard reports that can be created on demand
Built-in ad hoc report writer with ability to save report templates and schedule their execution
All reports can be browsed on the screen, printed, or a file can be produced in various formats, including tab-delimited and PDF.
WEB PORTAL: FUNDS/E
A browser-based web portal providing Internet access for customers, reps, brokers
Account registration data, pending transactions, transaction history, balances
Fund data; prices, factors, yields, rate of return
E-Statements- for customers
Transactions- online purchases, redemptions and exchanges