product description

This module allows complete management of all requirements from Fund Management Companies both as issuers or as financial operators of investment funds.

The application can be divided in four main categories:

• Front Office

• Back Office

• Flow management module from and to correspondents

• Daily NAV calculation

• Notifications to Survelliance

Front Office

This application allows utilization of a graphic interface in order to quickly visualize the most important data:

• General portfolio's situation

• Compartmental subdivision

• Profit/loss summary on portfolio's single component

• Portfolio's subdivision by currency

• Graphic summary of  Asset Allocation

• Historical analysis of contributions

• Asset allocation simulation with contextual proposition of investment/disinvestment movements

• Portfolio models' analysis by homogeneous families

flow management

In order to fulfil requirements of functional interfacing by external placement banks, the following functions are available to manage daily data exchange with other procedures:

• Flow processing on incoming investment requests

• Flow processing on outgoing disinvestments

• Automatic bank transfers toward correspondents

• Reporting of shares balances by single client.

• Reporting of shares balance by single correspondent

• Flow output on balances reconciliation

Back Office

The Back Office on Pegasus SGR allows to easily develop and record typical back office transactions:

• Routing management and executed orders

• Functions of response or abandonment  of Options/Futures

• Massive function on auctions/subscriptions/placements results

• Reporting and inquiries on Centralized Administration Services by client

• Reporting and inquiries on securities movements

• Management of deadlines on reimbursements/coupons/dividens.

• Function for the management of Capital increases (splits, conversions, etc.).

• Activities management on  repurchase agreements.

• Balance on counterparty activities.

• Listing of  netting at multiple levels.

• Generation of settlement letters for counterparty and depositaries.

• Processing of settlement data flow toward Clearstream.

• Massive depositary change on securities.

• Parametric processing of securities statements of account.

• Orders, complaints and stamps register management.

• Automatic check-off between administrative events and incoming data flows from counterparty and depositaries.

• Automatic recording, through accounting layouts, of administrative transactions.

• Ex-post control of portfolio coherence with asset allocation.

• Reporting and inquiries on portfolio's details 

nav calculation

The procedure allows to determine daily counter-value of NAV (Net Asset Value) to be reported to the agency of competence so as to correctly value managed fund shares

notifications  to surveillance agencies 

This application produces surveillance notificationss, based on Banca d'Italia specifications for Funds Management Companies .

Notifications processed are then recorded on files downloadable on magnetic media.