INTEGRATION AND MIGRATIONS TO THE XENTIS, SIMCORP, MULTIFONDS AND DIAMOS-F SYSTEMS

In modern asset management, the ability to effectively execute projects and operations is a key factor in being competitive within the wider marketplace.

At acarda, we specialise in offering migration and integration services to newly installed fund accounting and securities systems. Using our knowledge in these fields, we have effected implementation in a wide range of projects for multi-national banks, insurance companies and investment management companies. These include: BNP Paribas, LBBI, LGT, Bank Austria, Helaba Invest, First Private and Union Investment.

Through detailed knowledge of the transaction and booking structures in Germany and Luxembourg, we can enable optimised parameterisation of accounting systems, as well as connection to any ‘Orbit’ systems.

Amicon, our migration and reconciliation software, supports us in migrating data automatically as well as simultaneously reconciling data to the Net Asset Value (NAV). This service is not just offered at year-end, but at any time for aggregated transactions. In addition, acarda can also support you in taking over, transferring, splitting and merging individual funds or portfolios on short projects.

You can find more information on systems migration here.

CROSS-BORDER OPTIMISATION, STANDARDISATION OF ACCOUNT STRUCTURES AND BOOKING PROCESSES

With the implementation of EU directive UCITS IV, administration can be organised centrally to function across borders, or alternatively be standardised throughout a variety of locations.

We use our in-depth knowledge of transaction, accounting and IT solutions to analyse all processes and applications. This allows us to support you during the conversion to normalised processes and the standardisation of the system environment.

In one case, we worked for 9 months with the specialist departments at Union Investment to optimise booking processes and account frameworks for over 1,400 funds in Luxembourg and Germany. This also included standardising the funds across both countries. During the migration to the new account system, completed in a single weekend, 8100 adjusting entries and parameter changes were successfully automated

COMPLIANCE AND INVESTMENT LIMIT TESTING FOR INVESTMENT COMPANIES AND DEPOSITARY BANKS

As well as valuation and asset verification, depositary bank policies require the testing of investment limitations. This can be done by either directly accessing the systems of investment companies or using a standardised one.

Acarda has experience in data linking, parameterisation and optimisation of investment limits. These procedures are undertaken using either acarda’s own system or via a direct link to an investment company or outsource partner.

AUTOMATION OF ORDER AND BOOKING TRANSACTIONS

  • When booking transactions from middle-office and information providers, ‘non-securities-related’ transactions often have to be performed manually.

    Such transactions include: commissions, fees, corporate actions, structured products, securities lending and payments. Each are checked, completed with data, controlled and forwarded for booking at defined times.

    Acarda categorises and automates these bookings using the atis (acarda Transaction Interface Suite) rules-based transaction monitor.

    To find out more about our transaction automation service, read our brochure.

    Should you wish to request further information related to the issues covered here, or would like to organise a meeting, feel free to contact us here.