Fund Managers, the New SaaS-Based Budgeting Application from Confluence can help you.
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Informed decisions are the key
of our vision at Connectikpeople.co, as a forward-thinking IT leader with
global operations. The new Confluence offering has captured our attention by
its capacity to integrate informed product decisions about which fund and share
class offerings can optimize revenue potential.
We talk about fund
administration, to observe that, Unity NXT Budgeting, a new SaaS-enabled
automated solution enables UCITS managers to manage their fund expenses and can
reduce the cumulative hours spent on fixed ratio expense oversight, and can
increase accuracy through the elimination of error-prone
spreadsheets.
despite som shortcomings in terms of flexibility, recovery and cost-effective, Fund managers henceforth can:
- Automatically collect net assets, foreign exchange rates, and bulk invoice payment activity ,
- Allocate payment activity to appropriate instruments.
- Create fund-level budgets in multiple currencies and project and allocate future expenses.
- Calculate, forecast and monitor margin data, and more.
About Confluence
For more than 20 years the global investment management industry has come
to trust Confluence to deliver innovative solutions to take the risk out of
fund administration. Helping investment management companies gain unprecedented
control, Confluence automates every step of the fund administration
process—including the collection, creation, confirmation and delivery of
investment product data. Results are lower costs, reduced risk, decreased
reporting turnaround times and the scalability to automate more processes
without additional resources.
Confluence solutions are used by 40 percent of the leading global
investment managers, and more than 60 percent of U.S. mutual funds. From the
Confluence traditional install, hosted and outsourced Unity® platform solutions
to our enterprise-grade SaaS enabled Unity NXT platform, Confluence automates
critical fund administration and reporting processes—such as regulatory
reporting, financial statement preparation and performance reporting.
Confluence solutions support a wide array of collective fund investment types –
including European domiciled UCITS, alternative investments, traditional U.S.
based ’40 ACT mutual funds, and contemporary fund structures such as ETFs.
Headquartered in Pittsburgh, Pennsylvania, Confluence serves the
international fund industry with key locations in Dublin, London, Luxembourg
and San Francisco. For more information, visit www.confluence.com
