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Objectway Platform - Mutual Fund Administration

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Overview

Accounting of mutual funds, share price calculation (NAV), control of regulatory constraints and fund rules

Objectway Platform is the digital end-to-end solution for Banks, Wealth Managers, Asset Managers and their investors. It seamlessly integrates all front to back office operations into one, unified, ever-evolving platform, available on Cloud and accessible as a service.

As part of Objectway Platform, the Mutual Fund Administration process covers all back-office needs of a fund manager or outsourcer, through the accounting of mutual funds, share price calculation (Net Asset Value), control of regulatory constraints and fund rules. It also manages investment fund participation (Transfer Agency) with maximum flexibility in compliance to regulations and allows Asset Managers to carry out the entire audit of fund’s assets in compliance to UCITS V requirements and guidelines. In addition it supports Depositary Banks in their audit tasks of NAV calculation and management of fund participants.

Key Features

  • Mutual Fund Administration

Cover all back office needs of a fund manager or outsourcer, through the accounting of mutual funds, share price calculation (Net Asset Value), control of regulatory constraints and fund rules

  • Transfer Agent

Manage investment fund participation with maximum flexibility and in compliance to regulations

  • Reconciliation

Carry out reconciliation in the management of mutual funds, covering all specific needs of Asset managers, Brokers and Depositary Banks

  • Depositary Bank Support

Supports Depositary Banks in their audit tasks of NAV calculation and management of fund participants

  • Accounting & Regulatory Reporting

Manages accounting of asset managers and of their alternative investment funds according to Bank of Italy’s accounting standards and the rules for drafting financial intermediaries’ balance sheets

  • UCITS V Governance

Allows Asset Managers to carry out the entire audit of a fund’s assets in compliance to UCITS V requirements and guidelines

Key Benefits

  • Customize the application flexibly based on your operating model, supported by a wide range of parameters
  • Ensure compliance to regulatory and contractual requirements
  • Take advantage of tranquil management of numerous online checks and over a hundred checks before NAV accounting
  • Benefit from a well-established application used by a large customer base
  • Reduce operational risk related to the incorrect valuation of subscriber positions