Funds are becoming more widely distributed and multi-level distribution channels are frequently being employed. Distribution agreements can therefore be complex and challenging to administer on an ongoing basis.

FundAssist provides a comprehensive outsourcing solution to the continuing administration of fee agreements.

Transaction information is acquired from trading platforms, trading hubs and transfer agents. Front loads, trailer fees, rebates, retrocessions and other forms of commissions or fees are calculated in line with the distribution agreements in place.

Detailed reporting can be provided per line of business, region, country, channel and sub-channel, down to the individual financial advisor. Cashflows can be provided showing subscriptions and redemptions per channel. Management alerts can be in-built to provide rapid awareness of major or unusual transactions or patterns of transactions.

Support levels can be tailored to suit your specific needs.

Summary:

• Efficient administration of multi-tier distribution fee agreements
• Comprehensive reporting
• Reduced queries and reconciliations
• Management alerts for important transactions or patterns of transactions