pControl™ Investment Operations solution profile is intended for Investment Operations teams seeking Investment Book Of Records (IBOR) capabilities to manage cross invested pooled product vehicles, or open architecture investments. The solution includes automation of cash allocation, rebalancing, order management and unitization, with associated support for investment compliance and interfund operations.

Investment Operations

  • Cash Allocation & Rebalancing for daily cashflow processing and 'back-office rebalancing', and settlement of accrued expenses and other operational funding activity
  • Order Management transaction life-cycle for placement, approval and settlement instructions and notifications to multiple custodians, multiple transfer agencies and multiple asset managers, including constraints on dealing and liquidity terms for alternatives
  • Proprietary product Order Management of inter-plan investment cashflows and receipt of external transfer agency cashflows
  • Ability to capture special purpose vehicle characteristics for complex asset types which are infrequently valued or require proxy valuations
  • Cash Forecasting for management of client funding and liquidity demands
  • Integrated Reconciliations for Cash, Transactions and Holdings
  • Attention Status Monitor dashboards to allow Investment Operations personnel to manage exceptions and escalations across the entire Investment Process
  • Standardized data loads, transaction reports, transaction instruction and notification exports with SWIFT, EMX and scanned document/fax interface support

Benefits

  • Reduce risk in asset allocation implementation via front-office and middle-office personnel utilizing a single platform to provide transparency for proposed, approved and confirmed order instructions
  • Scale efficiency and improved margins through automated STP rebalancing, proposed order and order approval steps
  • Improved investment efficiency to accommodate illiquid assets, asset holdbacks, reallocation of exposure. programmed liquidity sweeps and forecasting of available liquidity
  • Flexibility for growth in new client and plan take-on with ability to define multiple asset allocation structures with multiple compliance ranges
  • Reduced counter-party risk in cash and unit order management of trade instructions or manager notifications, as well as transaction documentation capture for physical documents
  • Reduced risk in managing complex or private asset vehicles require close understanding of the investment transaction
  • Flexibility to automate retained in-house functions where operational, valuation, accounting or tax complexity lies, without losing the advantages of outsourcing commodity activities
  • Reduced data handling effort and cost through inbuilt data management for start of day positions, internal holding, transaction and available cash reconciliations

Oversight of Outsourcing Arrangements

For organisations who have outsourced their NAV Pricing and Fund Accounting functions, optional integration of NAV Oversight capabilities to provide risk assurance over daily valuation for Collective Trust Funds, Sector Interfunds or Proprietary Products.

Benefits include:

  • Reduced operational risk for investors and strengthening of fiduciary controls
  • True and independent verification ensures that outsourced functions are up to the highest standards
  • Eliminates the need for excel spreadsheets and multiple disparate systems

Extensibility

  • When implemented with Fund Analytics provides simple fund return comparison analysis, time series generation, charting and ex-post risk analysis
  • When implemented with Performance & Attribution provides accurate performance attribution for multi-asset multi-level investment structures, including lookthrough and interfund performance for segregated mandates / separately managed accounts