Sectech FolioX
Comprehensive custody back office functionality.
Tailored to suit your distinct needs and vision.
Sectech FolioX
CustodyPlus is a fully integrated software system with comprehensive functionality for automating securities back office operations. Since 1998, the software system has helped Local and Global Custodians, I and other capital market participants enhance their service capabilities. It has also helped them lower operating costs, and respond to complex, frequently changing business requirements. CustodyPlus is a dynamic IT solution with unmatched flexibility to grow, adapt and evolve.
Portfolio Management
ASSET MANAGEMENT AND VALUATION
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Complete portfolio consolidation across sectors and asset classes integrated with a central pricing module to provide accurate valuations.
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ILLIQUID AND ALTERNATIVE INVESTMENT
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Support for assets such as
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Private Equity
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Commodities
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Private Lending
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Venture Capital
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Art
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Real Estate
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Hedge Funds
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Private Investments
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FULL CYCLE BOOKKEEPING
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Complete integration with the fund accounting module
Order Management
ORDER CAPTURE
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Input and capture order details via electronic interfaces or manually
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AUTOMATIC TRADE ALLOCATIONS
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Automates trade allocations subject to configurable portfolio compliance requirements and allocation methodologies
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ROUTING CAPABILITY
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The ability to send the order to a trading venue, a broker or another desk in the firm.
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CLIENT REPORTING
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Reporting on order execution and trades in near real-time to the client, including where and when trades were made.
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BACK OFFICE INTERFACE
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Back office integration in order to settle trades for successful orders.
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INTEGRATED COMPLIANCE
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Integrates natively with compliance engine to offer real time compliance at the order level.
Prices and Valuation
COMPREHENSIVE VALUATION ENGINE
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The product supports a comprehensive valuation engine. It allows you to set up different valuation methods depending on your client’s requirements. It supports all the industry standard valuation formulae out of the box and can be configured to include any other market specific valuation method if it is required.
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MULTIPLE DATA SOURCES
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There is support to collect price related data from multiple price sources. Some of the standard sources supported out of the box are:
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Pricing Vendors (e.g. Bloomberg, Reuters, etc. )
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Excel, web api or csv feeds from exchanges or other sources.
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Price extraction from SWIFT MT535 messages.
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Price calculation based on configured formulae.
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Manual input of prices.
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DASHBOARD
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A blotter interface helps you to visualize your pricing and valuation data in a single view. A configurable exception handling mechanism helps you to identify variations in the pricing and valuations which increase your efficiency to correct errors.
Asset Servicing
FULL RANGE OF CORPORATE EVENTS
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The system covers a wide range of mandatory and voluntary distribution and reorganisation events. Events are captured through notification from a CSD, Custodian or an information provider. Entitlements are auto created and processed.
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CONFIGURABLE STAGES
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Corporate actions processing could have variations depending on the market. This engine allows you to configure the corporate actions processing depending on the market you are operating in.
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WORKFLOW AND CLIENT NOTIFICATIONS
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This engine allows you to customize workflows, set up alerts and notifications for users as well as your end clients at various stages.
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CONFIGURABLE TAX TABLES
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Net payments are computed using tax tables based on the type of asset, investor domicile, event type and many other criteria.
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AUTOMATED CLIENT REPORTING
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Clients can be kept informed from announcement till the close of processing of the corporate event via multiple modes such as SWIFT, email and SMS. Once the event is processed, the claims if any can directly be raised based on the information in the system.
Fees
FLEXIBLE FEE SCHEDULES
Highly customisable fee schedules make it possible to setup almost any combination of rules of calculation of settlement and safekeeping fees. Features include sliding/tiered scales, minimum fee, charging by asset type and location.
FEE SCHEDULE ASSIGNMENT
Fee schedules can be assigned to a single safekeeping account, to a group of accounts or to a relationship.
USER DEFINED SERVICES
User defined services allows setting up of one off fee (out of pocket expenses) or extraordinary services. Such services can be a flat fee, periodic, or based on service utilisation.
DETAILED CLIENT INVOICES
Client invoices contain details of all service utilisation along with the fee schedule applied, allowing for reconciliation of the computed amounts.
DIRECT DEBIT
Provision for direct debit or for receiving bill payments into a nostro account. Payments are tracked and outstandings are updated.
MULTIPLE BILLING PERIODS AND CURRENCIES
The system allows bill generation for different frequencies based on client. The billing currency can also be selected at client or safekeeping account level.
Cash Ledger
MULTI-CURRENCY CASH ACCOUNTS
Cash accounts for clients can be maintained at safekeeping account or relationship level. Automated reconciliation with core banking system.
CAPITAL AND INCOME ACCOUNTS
Cash accounts can be designated as income or capital accounts. Settlement related cash transactions utilise capital accounts. Corporate Event income utilises income accounts.
GL ENTRIES
Any number of cash transaction types can be setup with corresponding GL Codes. Accounting entries are passed to the core banking system.
PAYMENTS INTERFACE
Ability to interface with internal and external payments systems or to generate SWIFT payments instructions directly.
CASH STATEMENT REPORTING
Send clients cash statements and advice of debit or credit by SWIFT, email, fax or proprietary mode of transmission. Detailed narrations used on cash statements.
Illiquid & Alternative Investments
FULL COVERAGE
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Allows setup and configuration of assets from global REITs to co-investment opportunities which address the investment, operational and organisational issues of concern to today's alternatives investor.
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REAL ASSETS
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The system allows setting up of real assets, such as real estate and infrastructure, represent one of the fastest growing segments within broader global alternatives environment.
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PRIVATE EQUITY
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Allows setup and configuration of a spectrum of private equity and infrastructure strategies including venture capital, buyouts, mezzanine, distressed, special situations and natural resources.
Compliance
REAL-TIME REPORTING
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Reports real-time capacities across each fund for every asset and rule, pre- and post- trade
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AUTOMATIC BREACH NOTIFICATIONS
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Validates real-time compliance results instantaneously across all funds and provides automatic breach notifications
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CONFIGURABLE RULE ENGINE
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Utilises rules engine that can handle any rule type, regardless of complexity
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POWERFUL AUDITING
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Provides fully audited results with compliance breach and cure management workflows
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COMPREHENSIVE REPORTING
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Offers automated and customizable summary and detail reports and dashboards
Risk Management
STANDALONE PRICING SYSTEM
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Cut down on counterparty risk with built-in Residual Spread Analysis, enabling you to independently verify the prices obtained from brokers, dealers and banks.
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COMPREHENSIVE RISK MEASURES
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Get a comprehensive view of your risk. VaR, Key Rate Duration, Delta and Gamma are just a few of the wide range of calculations at your disposal.
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PRICE BEHAVIOR ANALYSIS
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This advanced approach to risk management keeps you steps ahead of the game. Our Price Behavior Curves (PBCs) projects fair values relative to changes in economic variables such as interest rates, inflation rates, equity indices, default rates and more.
Investment Strategy & Management
DETAILED ANALYSIS
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Our Investment Strategy and Optimization module allows you to analyze all your investments options.
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WIZARD INTERFACE
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It guides you through an informed process in selecting the best asset allocation for your portfolio’s risk profile taking into account extreme events.
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DETAILED PROFILING
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Structure of the fund Investment Strategy,
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Goals & Objectives
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Investment Restrictions, Rules and Constraints
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Investment Preferences (Eg asset allocation, securities)
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Targeted Investors and Marketing Campaigns
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Customisable Sections
Safekeeping and Settlements
PROCESS MONITOR
Process and monitor your daily operations in STP mode. The settlements engine creates trades based on client instructions, broker files or manual entries.
SAFEKEEPING ACCOUNT HIERARCHY
Safekeeping account hierarchy allows maintaining of global custodian and sub custodian accounts structures as well as direct relationships.
RULE BASED SETTLEMENT CYCLE
Configurable trade processing life cycles based on a number of parameters such as the asset type and execution arena, to take care of settlements processing in diverse markets.
DEPOSITORY INTERFACE AND RECONCILIATION
Automated positions reconciliation with local and international depositories as well as sub-custodians through a variety of interface options.
POSITION AND CREDIT CHECKING
Trade matching and settlement triggers value-dated position and cash sufficiency checking. This allows preemptive action to be taken, reducing the chances for a failed trade.
Reports & Analytics
COMPLETE AUTOMATION
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All client reports can be scheduled for automated generation and transmission on a client by client basis or even at safekeeping account level. Reports can be sent to multiple destinations.
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MULTIPLE TRANSMISSION MODES
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Send clients cash statements and advice of debit or credit by SWIFT, email, fax or proprietary mode of transmission. Detailed narrations used on cash statements.
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HOLISTIC PERSPECTIVE
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Provide customers with a holistic perspective of day-to-day performance, valuation and forecasted future cash flows.
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INTUITIVE CONTENT
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From configurable automatic generation to specific on-demand needs, our Reports module enables you to deliver impressive targeted quality in terms of content and visual presentation.
Innovation Plans
NEW ASSET CLASSES
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Global equities
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Emerging market equities
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Convertible bonds
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High yield bonds
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Emerging market bonds
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Currency funds
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Real assets & infrastructure
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NEW THEME FUNDS
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SRI
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Environment
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Water
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Renewable energy
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Shari’ah
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Capital protection
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Tax efficiency
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NEW ASSET TECHNIQUES
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LDI
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Distressed debt
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GTAA
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Age-based retirement funds
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Risk-based retirement funds
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Unconstrained mandates
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NEW ENHANCING TOOLS
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Derivatives for hedging unrewarded risks
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ETFs
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Hedge funds
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Portable alpha
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Leverage
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Shorting
CRM and Sales Management
LEAD, CONTACT, ACCOUNT AND DEAL MANAGEMENT
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Simplify the basics of your sales management and organize information easily.
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SALES PIPELINE MANAGEMENT
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The visual sales pipeline forecasts your revenue by deal stage where you can filter and sort deals, customize deal views, drag-and-drop deals across the pipeline, call and email customers.
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EMAIL AND PHONE
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Complete email and phone integration within the application and comprehensive logging so you never lose details.
LEAD, CONTACT, ACCOUNT AND DEAL MANAGEMENT
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Simplify the basics of your sales management and organize information easily.
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SALES PIPELINE MANAGEMENT
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The visual sales pipeline forecasts your revenue by deal stage where you can filter and sort deals, customize deal views, drag-and-drop deals across the pipeline, call and email customers.
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EMAIL AND PHONE
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Complete email and phone integration within the application and comprehensive logging so you never lose details.
Customer Advisory
IMPROVE CLIENT PORTFOLIO RETURNS AND REVENUES
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Target clients by factoring in a given client’s investment policy statement constraints, the client’s existing portfolio, historic transactions and other key deterministic, stochastic, and judgmental factors.
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TREND BASED PERSONALIZED RECOMMENDATIONS
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Collaboratively discuss portfolios with the client and make a joint investment decision in case of a non-discretionary portfolio.
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INCREASE CLIENT RETENTION
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By providing personalized recommendations which provide visible value to the client.
Treasury
AUTOMATE
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Automates cash management processes across multiple business entities
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SCHEDULED MOVEMENT
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Allows definition of schedules for internal and external movements of funds
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IN-BUILT COMPLIANCE
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Complies with local and global financial standards and regulations
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FORECASTING
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Includes forecasting capabilities to identify liquidity trends
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DASHBOARDS AND REPORTS
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Detailed dashboards and reports on cash positions and liquidity
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RISK MANAGEMENT
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Manage different types of risks such as currency and interest rate fluctuations
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HOLISTIC VIEW
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Provides a holistic view of risks and opportunities related to cash management
Accounting
GENERAL LEDGER ACCOUNTING
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The system delivers general ledger accounting for sophisticated account types and structures for mutual, institutional and pension funds. It features a fully configurable chart of accounts.
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MULTIPLE TRANSACTION TYPES
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Support for multiple transaction types - subscriptions, redemptions, contributions, withdrawals, dividends and corporate actions.
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FEE ACCRUAL PROCESSING
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Daily accrual of fees including management, administration and incentive fee.
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VALUATION AND NAV
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NAV production - daily, weekly or monthly. Multiple valuation types supported.
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FINANCIAL REPORTING
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Standard accounting reports with on-demand access to ledgers and journals, valuation reports and general ledger reports that include NAV and the Trial Balance.
Portfolio Consolidation
CONSOLIDATED DASHBOARDS
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Benefit from consolidated dashboards showing assets under management
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EFFICIENCY
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Important time saving in terms of documents research and archiving
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FAST AND EASY
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Fast and easy printing of all sensitive documents
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EASE OF INVOICING
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Task optimisation linked to invoicing
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INCREASED PRODUCTIVITY
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Reduction of administrative workload and mistakes
Performance Measurement & Attribution
MULTIPLE RETURN TYPES
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Multiple return types (capital, income, base/local currency, gross or net of fees)
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​EASY RETRIEVAL OF INFORMATION
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Roll-up to any classification level and report to any time frame and currency
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ACCURATE BREAKDOWNS FOR EASY ANALYSIS
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Decomposition of return to security and FX component. Fund-of-Funds and benchmarks look-through for in-depth performance analysis
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TRACK MULTIPLE MANAGERS
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Multi-manager performance tracking
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GROUP PORTFOLIO TRACKING
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Calculation of performance in group of portfolios and contribution to each portfolio
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EXTENSIVE RANGE
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Extensive range of financial instruments are covered (from plain vanilla listed securities to OTC derivative and structured products)
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​COMPREHENSIVE AUDIT TRAIL
Detailed maintenance of return figures for full audit trail
Offshore Banking
REMOTE MANAGEMENT
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Possibility to manage accounts from anywhere in the world. Remote generation of all basic documents such as payment orders, currency exchange orders, cash orders, free format message
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LATEST ENCRYPTION PROTOCOLS
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High-level security of transmitted information achieved by using the latest encryption technologies
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COMPLETE CONTROL
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Advanced automated control of clients' electronic documents
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PLATFORM INDEPENDENT
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Compatibility with any Internet browser, with no additional downloads
International Compliance
MiFID, IFRS, BASEL
ENHANCED VISIBILITY
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Gain complete visibility into the real-time status of all compliance requirements.
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ADVANCED ANALYTICS
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Track and analyze your compliance progress with the most telling metrics and dynamic charts.
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PROGRAMMABLE REMINDERS
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Leverage real-time alerts to proactively manage your compliance tasks.
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REAL-TIME COMPLIANCE TASKS
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Your compliance task schedule auto-populates based on your legal entities and the latest regulations.
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TRACK YOUR COMPLIANCE PROGRESS
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Get instant updates on the progress of your compliance tasks.
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MANAGE TASKS THROUGH THE CALENDAR
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Assign tasks, update statuses, collaborate with other users and sync with MS Outlook.
Regulatory Reports
MONITOR COMPLIANCE
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Monitor Fund Administrator compliance with regulator approvals and report exceptions.
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DETAILED REPORTING
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Generation of reports for the regulator across the full range of processing activities.
KYC & AML
KYC/ KYB
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KYC identity and verification checks for individuals
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KYB corporate registry and beneficial ownership checks
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AML
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AML proactive monitoring and alerts or rescreening
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AML transaction screening (sender, beneficiary, bank, reference text)
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Transaction monitoring for suspicious behaviour (real-time/retrospective)
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FATCA & CRS ONBOARDING
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Ensure that your new customer on-boarding processes are compliant with FATCA and CRS.
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PROSPECTS & INVESTORS PROFILING SECTIONS
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Extensive Information including Corporate Information
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Client Relationships (E.g. Business, Family, etc.)
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Contacts and Preferences
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Investment Goals & Objectives
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Investment Restrictions, Rules and Constraints
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Suitability of the funds - MIFID
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Investment Preferences, fees and Marketing
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Customizable Sections
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AGED ANALYSIS REPORTING – 30/60/90 DAY RULE
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This report displays accounts with their aged balances . This enables you to follow up on overdue accounts as well proactively target accounts where the information needs renewal.
Dashboard Interface
SIMPLE YET POWERFUL VISUALS
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Visual presentation of performance measures
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MEASURE EFFICIENCIES/INEFFICIENCIES
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Instantly identify and resolve issues
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MULTIPLE OPERATIONAL AREAS
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Gain total visibility of all operations instantly and save time compared to running multiple reports
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EXCEPTIONS HIGHLIGHTING
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Quick identification of data outliers and correlations leading to better management of operations.
Client Reporting
COMPREHENSIVE OUT-OF THE BOX REPORTS
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Generate more than 45 different reports to obtain a holistic perspective on the overall management of the agency and the pension fund in general.
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EASY EXPORT TO OTHER FORMATS
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For ad hoc reporting capabilities, retrieve custom data sets and export them instantly to Microsoft Excel or csv.
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AUTOMATED REPORT SCHEDULER
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A flexible rule based system of client notifications ensures timely reporting for different events on the system.
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MULTIPLE MODES AND FORMATS
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Multiple modes of reporting including SWIFT, encrypted email, SMS and proprietary file formats.
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CUSTOMIZABLE REPORT PACKAGES
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All client reports can be scheduled for automated generation and transmission on a client by client basis or even at safekeeping account level. Reports can be sent to multiple destinations.
Integration
MULTIPLE OFF THE SHELF INTERFACES
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Interfaces with popular core banking systems like Finacle, Flexcube, T24 are available right away.
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REAL-TIME OR SCHEDULED
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Integration in real time or via scheduled export
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OPEN ARCHITECTURE
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Automated exchange of data via API
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RANGE OF INTERFACES
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The system is designed to interface with all types of market participants such as brokers, asset/fund managers, custodians, registrars, transfer agents and depositories.
Reconciliation
DEPOSITORY INTERFACE AND RECONCILIATION
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Automated positions reconciliation with local and international depositories as well as other entities through a variety of interface options.
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CASH RECONCILIATION WITH CORE BANKING SYSTEM
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Automated transactions and balance reconciliation with core banking systems to ensure that mirror accounts are in sync with core banking accounts.
Self-service Digital Portal
EASY TO USE
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Provide standard and wizard-based portals for customers and partners to quickly and accurately initiate and maintain self-service transactions and communication; use a common look and feel through any preeminent web browser.
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INFORMATIVE DASHBOARDS
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Our web client platform provide investors with a 360° overview of their portfolio valuation, performance, future cash flows and personal reports.
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REAL TIME
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Real-time access to reports and investment information
Budgeting and Forecasting
REAL-TIME REPORTING
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Generate precise, integrated, synchronized, real-time Statement of Cash Flows and Balance Sheet, P&L Statement, and other management reports without duplicating work or calculations.
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DETAILED AND SUMMARIZED VIEWS
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Drill down from summary to detail level to understand risks, variances and opportunities, and initiate faster changes in response to actual and predicted results.
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EFFICIENT PLANNING
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Gain a long-term view, with the ability to create rolling forecasts.
Workflow & Customer Query Management
END TO END TRACKING
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Customer queries are tracked from initiation to resolution with automated workflow process.
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AGE ANALYSIS
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This report gives the complete information regarding the time-frames for customer queries as well escalate long-running queries for swift resolution.
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ADVANCED SEARCH CAPABILITIES
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Get real-time access to all customer queries with powerful search features.
Document Management System
CENTRALIZED STORAGE
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Streamlined central storage and organization of documents
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ADVANCED DIGITAL DOCUMENT REPOSITORY
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All documents stored securely in digital form.
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EASE OF MANAGEMENT
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Management of faxes, emails, and scanned documents
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POWERFUL SEARCH AND DISCOVERY
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Retrieve documents using the comprehensive search feature based on one or more parameters.
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ENTERPRISE-GRADE SECURITY CONTROLS
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Industry standard security protocols for storage and transmission.
STP & Messaging
BI-DIRECTIONAL SWIFT
All relevant securities and cash SWIFT messages are supported, providing for an STP environment: ISO 15022, ISO 20022 as well as proprietary messaging formats.
MULTIPLE REPORTING FORMATS
Client reports can be sent by fax, encrypted email and by proprietary file formats, or a combination of any of these.
SCHEDULED REPORTING
All client reports can be scheduled for automated generation and transmission on a client by client basis or even at safekeeping account level. Reports can be sent to multiple destinations.
MESSAGE REPAIR
Inbound SWIFT messages are validated by a SWIFT processing engine and any exceptions are routed to a repair queue for assisted manual repair.
PROCESS MONITOR
Process and monitor your daily operations in STP mode. The settlements engine creates trades based on client instructions, broker files or manual entries.