FundLine / RiskLine – Automated calculation and processing of fees and commissions.
FundLine / RiskLine OVERVIEW
FundLine supports the automation of all activities related to the processing of commissions and fees (e.g. trailer fee / sales commissions, administration, custodian bank and management fees). Both payment and receipt as well as distribution of commissions are comprehensively covered in an audit-proof way and in compliance with regulatory requirements such as MiFID II.
The RiskLine product family supports the consolidation and quality assurance of financial market data, automated checking of market conformity and calculations of fair value.
FundLine – AUTOMATED CALCULATION AND PROCESSING OF FEES AND COMMISSIONS
- Intelligent contract management
- Automated calculation of commissions (payout / payment receipt)
- Calculation and allocation of complex fees
- Subsequent billing
- Simulation for past and future periods
- Consideration of taxes
- Calculation of corrections / cancellation
- Data import from various sources and in various formats
- Integrated Task Management System (workflow)
RISKLINE – MARKET DATA VALIDATION AND SUPPLY
- Automated market data supply including various data suppliers
- Highly effective validation methods and data provider comparisons
- Different tolerance and structure checks,
- Manual validation options
- Automatic distribution to target systems
- Audit-proof process modelling
The OTC module uses artificial intelligence methods to select a fair market price for an
instrument traded over the counter, based on all the prices that have been delivered.
The COTC module supports the valuation of illiquid bonds, either using the
comparable bond research engine and/or a powerful spread engineering module.
The synthetic system fills any gaps in market data. Examples include the calculation
of spread curves, transformation of yield curves, discount factor structures and volatility areas.
MARKET CONFORMITY CHECK
Market conformity of transactions to be checked against independent market data
Manual checking option, checking against an alternative market price (market check)
or against a computed price (fair value)
Manual examination possibility – classifying the transactions by transaction type and volume.
