SynFunds

Overview

Comprehensive

SynFunds is a comprehensive product to support the activities of organisations involved in the distribution of open ended funds, such as Unit Trusts, OEICS and some hedge funds. It handles order capture, aggregation, queuing, routing and execution allocation for such investments, supporting complex calculations and dispersal of all charges including, commissions, rebates and retrocessions.

Low-cost operation

SynFunds adds value to your operation by extracting efficiency and lower cost through bulk ordering and efficient management of charges and commissions.

Customised solutions with high performance

Browser-enabled and designed for dynamic, real-time processing such as capturing orders and returning order status information at speed, SynFunds supports high performance with a flexible front end which can be customised to present or white label your branded services. The solution is enabled for delivery over the Internet or via an SaaS/ASP model.

Features & Benefits

Features

• Complete automation of the funds distribution process including transparent deadline management where buy and sell sides have message connections, leading to close to 100% STP rates
  
• Rules based flexibility to define retrocession splits, commissions, routing parameters etc.
  
• Support for a principal aggregator to split bulk order retrocession with clients, thus providing a differentiated service
  
• Capability to move the order capture process to the web, eliminating a costly human interface
  
• Ability for a service provider to offer similar functions to their clients, either for head office order consolidation or automation of order capture via web access
  

Benefits

SynFunds provides fund managers with the capabilities to operate in a complex environment requiring multiple levels of aggregation, precise management of deadlines and cut off times associated with NAVs, and acccurate, timely allocation of charges and rebates across client orders.

It provides for the order capture, aggregation, queuing, routing and execution allocation for such investments. SynFunds can receive orders in electronic format via SWIFT, FIX (and Reuters proprietary ROR variant) or XML. With its real-time processing and modelling attributes and ability to provide netting facilities, SynFunds supports complex calculations and dispersal of all charges including, commissions, rebates and retrocessions.