Designed to help superannuation fund managers make better-informed investment decisions for their clients, GBST Tax Analyser provides post-trade tax calculations, including Capital Gain Tax (CGT) and Franking Credits, on a pre-trade basis.
Tax Analyser is a web-based tool that builds tax decisions right into the investment process – helping superannuation fund managers understand the after-tax impact of investment decisions in real time without having to understand the complexity of the tax rules. Using a sophisticated post-trade analytics engine, Tax Analyser examines the fund level tax implication (CGT and Franking credits) on a proposed trade on a pre-trade basis, and measures the after-tax performance contribution of each manager. Easy-to-read and interpret benchmark reports provide accurate measurements of post-trade, after-tax portfolio value.
By aligning the benchmark with their clients’ measurement criteria, superannuation fund managers are able to ensure they are focusing on each individual’s desired investment outcomes. With this kind of tax-aware approach, fund managers are able to improve the real return on investment for their clients. Fund managers are also able to record why they did or didn’t make a particular investment decision – improving transparency of performance by giving superfunds access to thought processes and ensuring that best practice standards have been adopted.
Built using a rules-based infrastructure, GBST’s tax engine can handle any complexity of investment tax. That means GBST can shape a solution to suit the needs of each superfund’s specific aims and goals while also making it easy for fund managers to deliver the results that fit their clients’ investment strategies.
Since Tax Analyser is a web-based app that superannuation fund managers use to access their own accounts and information, the IP address of each manager is protected – so superfunds can monitor the activities of fund managers while no fund manager can see another’s information.
Tax Analyser is patented by GBST, and there is no other tool exactly like it on the market that gives superannuation fund managers the power to make the best investment decisions for their clients.
Combined with Performance and Attribution Reporting solutions, superfunds have the ability to monitor that managers are acting with the best interest of the client in mind.
Customised after-tax benchmarks for superannuation funds to measure the effectiveness of each fund manager in a consistent way with post-trade tax and performance analytics solutions. As the leading Australian provider of these services, GBST Quant can also include advanced reporting off the back of the robust analytics engine