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Mutual Fund Back office system

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Mutual Fund Back office system - Transaction processing and Brokerage reconciliation system
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Mutual Fund Back office system is a comprehensive solution for Distributors which covers

  • Automated transaction processing
  • Different type of receivable brokerage reconciliation for Upfront, Trail, SIP, B15, T15
  • Sub distributor payable processing

Features

  • Automated transaction processing for all RTAs
  • Registration of Sub distributor including ARN management
  • Import / Export rate in XLS for time saving for multiple rate entry and rate audit
  • Receivable brokerage reconciliation for all type of brokerage like Upfront, Trail, SIP
  • B15 / T15 brokerage calculation
  • Claw-back marking
  • Provision for AUM transfer
  • Minimum user intervention for reconciliation and maximum transactions auto reconcile
  • Management of brokerage discrepancy related queries to AMC
  • Payable management for different category wise sub distributors
  • Millions of records process with optimum performance
  • MIS reports

Benefits

  • Maximum no of transactions processed auto so minimum user intervention require
  • All type of brokerage discrepancy gets captured at transaction level
  • Reconciliation can be done on all type of transaction for all asset classes
  • Minimum user intervention for brokerage reconciliation
  • Huge savings due to reduction in manpower
  • Additional earning for less or not received brokerage
  • Accurate payable processing for Sub distributor
  • Robust performance on large data

Reports

Following reports have multiple combination and filtration criteria with on screen, PDF and excel exports

  • Transaction report
  • Rate report
  • Brokerage report
  • Reconciliation report
  • Query report
  • Income report

Solution for following entities

  • Mutual Fund Distributors
  • Banks
  • Asset Management company