Overview / Brief of products
Mutual Fund Back office system is a comprehensive solution for Distributors which covers
- Automated transaction processing
- Sub distributor payable processing
- Different type of receivable brokerage reconciliation for Upfront, Trail, SIP, B15, T15
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