Fundtrader

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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

learn more about fundtradeR