Fund Trade Management and Income & Position Reconciliation

Delta Data’s Trading Management and Reconciliation solutions deliver an integrated platform, automating the total processing environment for mutual fund securities and other pooled investment products.  

Maximizing the use of straight-through processing, the functionality delivers streamlined trade execution with efficient and controlled exception handling.

 

Why Businesses Choose Delta Data for Trade Management & Reconciliation

Delta Data’s fully automated, rule-based trade decision engine has the ability to manage multiple clearing conduits from a single platform, which allows for the optimization of trade execution, and also:

  • Delivers a comprehensive suite of trading applications to automate account registration, trading, settlement, position reconciliation, and income processing
  • Maximizes the use of straight-through processing
  • Provides streamlined trade execution with efficient and controlled exception handling
  • Supports firms with the necessary scalability, stability, control, and security to meet the challenges of business growth
green-stretch

Aggregation and Disaggregation of Omnibus Trades

  • Aggregate trades from the book of records system to create Omnibus trade, reducing the number of trades executed
  • De-aggregate settled trades to properly credit accounts in the book of records systems
green-money

Full Validation of Transactions Before Being Sent to Fund

  • Automate order validation to reduce risk of rejected trades
green-stretch.png

Sophisticated Trade Routing

  • Automate support for trading with an unlimited number of clearing partners, streamlining bifurcated trading 
  • Eliminate the need for “one-off” trading
green-money

Intelligent Logic for Position and Income Reconciliation

  • Facilitate exception-based processing for increased resource efficiency

Who We Serve / Who Benefits

Bank Trusts
Retirement Record Keepers
Insurance Companies

Our Approach to Mutual Fund Trading and Reconciliation

02-dd-svg01

Trade Management

A centralized trading desk, which facilitates a direct connection to investment managers via Fund/SERV, Networking, DCC&S, Mutual Fund Profile Service, and DTCC Payment aXis. The trade management system delivers streamlined trade execution with efficient and controlled exception handling.

  • Automated data transfer from a firm’s books & record system to the fund company and retrieving that data back with confirmation and settlement data
  • Automated order validation ensures fully qualified trades are being sent to the fund, avoiding rejects
  • Trades that cannot be traded properly are sent to an exception, allowing resources to focus on potential issues
  • Batch or intraday electronic file messaging between the trade management system and the firm allows customer change information to consistently and automatically be updated
  • Clean trades are automatically routed to the appropriate clearing partners

02-dd-svg02

Position Reconciliation

Fully automated daily position reconciliation for both fully disclosed and omnibus mutual fund accounts. Position Reconciliation compares reported positions, analyzes variances, determines outstanding items, categorizes the nature of the reconciling items, and then assigns a reconciliation status based on the results.

  • True two-way reconciliation with fund position as well as with trust/recordkeeping positions
  • Transaction-based position balance maintained to support two-way reconciliation
  • Support for full omnibus reconciliation and sub-omnibus account reconciliation
  • Maintains fund posting rules which auto creates reconciling items based on when a purchase or redemption trade with be reflected in the fund’s position balance

02-dd-svg03

Income Reconciliation

Processing of dividend and capital gains payments by calculating anticipated distribution amounts. The Income Reconciliation function calculates the daily interest earned on accrual funds and maintains calculated amounts for each day in an accrual period. At period-end, the calculated amounts are reconciled with the actual paid dividend.

  • Support for omnibus as well as sub-omnibus dividend calculations
  • Reconciliation of paid dividends from the funds with calculated dividends
  • System maintained position balance based on income posting/payable rules for accurate dividend calculations
  • Ability to create true-up trades when reconciling omnibus account-level dividends

Benefits of Partnering with Delta Data for Mutual Fund Trade Management & Reconciliation

Delta Data is unique in the mutual fund industry. All of our solutions are specifically designed to eliminate the complexity of processing mutual funds, CITs, and other pooled products, as well as provide oversight capabilities for these securities, allowing the mutual fund industry to communicate more easily, manage risk more effectively, and process data more efficiently. Funds are all we do!

What Our Partners Have to Say About Delta Data

I will say however, that our experience to date under the ASP model has been better than I anticipated and feel it’s been a win/win situation on both sides of the equation!

ANETTE FLEMMING

Director of Trading and Clearing, Insurance Client

To date, we’ve been very impressed by both the reliability of the services Delta Data has been providing as well as with the professionalism and responsiveness of your entire team! I feel that this truly has been a great partnership.

JENNIFER DOE

Director of Trading and Clearing, Insurance Client

Trade Manage has been awesome for us.

ROBERT JONES

SVP, Trust Client

Other Solutions We Provide

Fund Data Management

  • Centralized control of pooled investments on the platform
  • Pre-configured to handle sources such as Profile II & Morningstar, and integrates with proprietary data
  • Creates a “Gold Copy” data file for integration with downstream systems, helping to maintain data integrity across multiple platforms

Asset Transfer Management

  • Proactive vs reactive method for receiving & delivering assets
  • Centralized view of transfers and their current status
  • Works with and parallel to ACATS and non-ACATS
  • Provides seamless transfer and posting of tax lots through CBRS

Resources & Blogs

FAQ

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

FREE CONSULTATION

Delta Data provides the back-end solutions that companies in the mutual funds industry use to process trillions of dollars of transactions and keep on top of their data.

Copyright © Delta Data 1996-2021

Fund Trade Management and Income & Position Reconciliation

Delta Data’s Trading Management and Reconciliation solutions deliver an integrated platform, automating the total processing environment for mutual fund securities and other pooled investment products.  

Maximizing the use of straight-through processing, the functionality delivers streamlined trade execution with efficient and controlled exception handling.

 

Why Businesses Choose Delta Data for Trade Management & Reconciliation

Delta Data’s fully automated, rule-based trade decision engine has the ability to manage multiple clearing conduits from a single platform, which allows for the optimization of trade execution, and also:

  • Delivers a comprehensive suite of trading applications to automate account registration, trading, settlement, position reconciliation, and income processing
  • Maximizes the use of straight-through processing
  • Provides streamlined trade execution with efficient and controlled exception handling
  • Supports firms with the necessary scalability, stability, control, and security to meet the challenges of business growth
green-stretch

Aggregation and Disaggregation of Omnibus Trades

  • Aggregate trades from the book of records system to create Omnibus trade, reducing the number of trades executed
  • De-aggregate settled trades to properly credit accounts in the book of records systems
green-money

Full Validation of Transactions Before Being Sent to Fund

  • Automate order validation to reduce risk of rejected trades
green-stretch.png

Sophisticated Trade Routing

  • Automate support for trading with an unlimited number of clearing partners, streamlining bifurcated trading 
  • Eliminate the need for “one-off” trading
green-money

Intelligent Logic for Position and Income Reconciliation

  • Facilitate exception-based processing for increased resource efficiency

Who We Serve / Who Benefits

Bank Trusts
Retirement Record Keepers
Insurance Companies

Our Approach to Mutual Fund Trading and Reconciliation

02-dd-svg01

Trade Management

A centralized trading desk, which facilitates a direct connection to investment managers via Fund/SERV, Networking, DCC&S, Mutual Fund Profile Service, and DTCC Payment aXis. The trade management system delivers streamlined trade execution with efficient and controlled exception handling.

  • Automated data transfer from a firm’s books & record system to the fund company and retrieving that data back with confirmation and settlement data
  • Automated order validation ensures fully qualified trades are being sent to the fund, avoiding rejects
  • Trades that cannot be traded properly are sent to an exception, allowing resources to focus on potential issues
  • Batch or intraday electronic file messaging between the trade management system and the firm allows customer change information to consistently and automatically be updated
  • Clean trades are automatically routed to the appropriate clearing partners

02-dd-svg02

Position Reconciliation

Fully automated daily position reconciliation for both fully disclosed and omnibus mutual fund accounts. Position Reconciliation compares reported positions, analyzes variances, determines outstanding items, categorizes the nature of the reconciling items, and then assigns a reconciliation status based on the results.

  • True two-way reconciliation with fund position as well as with trust/recordkeeping positions
  • Transaction-based position balance maintained to support two-way reconciliation
  • Support for full omnibus reconciliation and sub-omnibus account reconciliation
  • Maintains fund posting rules which auto creates reconciling items based on when a purchase or redemption trade with be reflected in the fund’s position balance

02-dd-svg03

Income Reconciliation

Processing of dividend and capital gains payments by calculating anticipated distribution amounts. The Income Reconciliation function calculates the daily interest earned on accrual funds and maintains calculated amounts for each day in an accrual period. At period-end, the calculated amounts are reconciled with the actual paid dividend.

  • Support for omnibus as well as sub-omnibus dividend calculations
  • Reconciliation of paid dividends from the funds with calculated dividends
  • System maintained position balance based on income posting/payable rules for accurate dividend calculations
  • Ability to create true-up trades when reconciling omnibus account-level dividends

Benefits of Partnering with Delta Data for Mutual Fund Trade Management & Reconciliation

Delta Data is unique in the mutual fund industry. All of our solutions are specifically designed to eliminate the complexity of processing mutual funds, CITs, and other pooled products, as well as provide oversight capabilities for these securities, allowing the mutual fund industry to communicate more easily, manage risk more effectively, and process data more efficiently. Funds are all we do!

What Our Partners Have to Say About Delta Data

I will say however, that our experience to date under the ASP model has been better than I anticipated and feel it’s been a win/win situation on both sides of the equation!

ANETTE FLEMMING

Director of Trading and Clearing, Insurance Client

To date, we’ve been very impressed by both the reliability of the services Delta Data has been providing as well as with the professionalism and responsiveness of your entire team! I feel that this truly has been a great partnership.

JENNIFER DOE

Director of Trading and Clearing, Insurance Client

Trade Manage has been awesome for us.

ROBERT JONES

SVP, Trust Client

Other Solutions We Provide

Fund Data Management

  • Centralized control of pooled investments on the platform
  • Pre-configured to handle sources such as Profile II & Morningstar, and integrates with proprietary data
  • Creates a “Gold Copy” data file for integration with downstream systems, helping to maintain data integrity across multiple platforms

Asset Transfer Management

  • Proactive vs reactive method for receiving & delivering assets
  • Centralized view of transfers and their current status
  • Works with and parallel to ACATS and non-ACATS
  • Provides seamless transfer and posting of tax lots through CBRS

FAQ

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque tristique accumsan ex, consectetur elementum mi dictum ut. Mauris at ullamcorper enim. Nunc nisi urna, dictum vel ligula placerat, tristique luctus eros. Pellentesque eleifend dolor ac est ultricies, vitae scelerisque urna molestie.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

FREE CONSULTATION

Delta Data provides the back-end solutions that companies in the mutual funds industry use to process trillions of dollars of transactions and keep on top of their data.

Copyright © Delta Data 1996-2021