SOLUTIONS FOR ASSET MANAGERS
Investment fund distribution fee management
Simplify your mutual fund distribution fee management
Delta Data’s global Fee Management solution streamlines intermediary fee processing, enhancing efficiency and reducing risk for clients, wherever they do business.
"Since we onboarded Fee Manager, invoice processing time has plummeted by at least 70%. This time savings has allowed our associates to be more analysts than data entry personnel. We also observed a reduction in paper waste and a decrease in expenses for materials. We look forward to pulling our board reporting exhibits data from Deal Manager. This function will save our team from additional manual processing time and create more accurate and timely reporting.”
NATASHA RIPPEL
Why Businesses Choose Delta Data
Fee Management Experts
Straight-Through Processing
Saves Time and Resources
- Error-free invoices flow directly into payables management
- Straight-through processing with configurable tolerance authorizes approval of accurate invoices
- Configurable payment data includes invoiced amount, calculated amount, advice, journal entries, and auxiliary support data
Exception Workflow
Enables Prioritization
- Exception-based processing prioritizes focus
- Role-based reviewers and authorized approvers have contracts, invoices, tolerances, and calculations available to process errors when an exception is identified or a tolerance is not met
Audit Capabilities
Ensures Regulatory Compliance
- Audit trail for all data points, tasks, and transactions
- Role-based security and approvals
- Full access to historical records
- Compliance with stringent regulations, including Distribution in Guise rules, pursuant to differentiating fees paid by funds and those paid by fund distributor companies
Global Processing Functionality
Delivers Consistent Intermediary Fee Processing Wherever Our Clients Conduct Business
- Support for global fund identifiers, including Sedol, ISIN, and CUSIP
- Process fees in any currency, with automatic payment conversion capabilities
- Manage all intermediary fees for funds regardless of where they are domiciled with unparalleled consistency
Calculations
- Calculations are run to confirm that the invoice is correct and matches the billable assets
- Automation is employed to optimize the analysis of omni-transparency data
- Fee calculations are performed using distribution transparency data, your accounts, your contract agreements, and certified Delta Data technology
Reasonability Checks
- Reasonability checks are conducted to affirm that payment aligns with intermediary agreement and prospectus
- Perform custom reasonability checks using any combination of TA data, transparency data (DSA, DSP, Omni/SERV), and supplemental data
Allocation and Reporting
- Produce accurate, consistent, and real-time reporting that breaks out fees by the appropriate fee types, such as 12b-1, revenue share, sub-TA
- Reduce regulatory risk through the employment of manual processes with automated allocation and reporting capabilities
Your Dedicated Partner
Delta Data’s Fee Management solution is the leading tool in the investment fund industry for managing and approving intermediary partner invoices.
- Compliance
- Accuracy
- Prioritization
Fee Management Resources
Case Study
A prominent US investment management firm, overseeing $100+ billion in assets under management (AUM), faced critical challenges in fee management.
White Paper
Delta Data’s Intermediary Fee Management solution streamlines intermediary invoice validation and payments, reduces risks, and frees up resources to work on more strategic objectives.
eBook
Is your firm still manually processing intermediary invoices? Delta Data’s Fee Management solution takes the risk out of one of asset management’s biggest expenses.