The system allows for the capture, at an infrastructure level, of Investment Mediums that can be used by all Products and for which the parameters may apply to all the Products, or for which overriding Product Rules can be captured.
This process includes the capture, update and enquiry for the following:
- Investment Mediums
- Unit Prices
- Investment Advices
- Outstanding Re-unitisation
Capture, update and enquiry of Investment Mediums that can be used by one or more Products with rules that pertain to all Products using that Investment Medium e.g. interest or bonus rates, unit prices and switching rules.
Capture and enquiry of interest rates (monthly or annual / interim or final) applicable to all Products using an Investment Medium.
Capture and enquiry of Investment unit prices.
Viewing and printing of advices to Asset Managers of Investments and instructions to disinvest automatically created during the Income processing, benefit realisation and Switching Processes.
Investment/disinvestment advices can be extracted for all products, by date.
Re-unitisation takes place automatically if a captured unit price is corrected. This facility reports cases where the re-unitisation did not take place.