Solution introduction
Fluid Cooperation in a Financial Services Firm
Objectway Platform is the digital end-to-end solution for banks, wealth managers, asset managers and their investors. It seamlessly integrates all front to back office operations into one, unified, ever-evolving platform, available on Cloud and accessible as a service
As part of Objectway Platform, Securities Back-Office is a multi-currency, multi-entity securities back-office solution that assures the fluid cooperation of all actors in a financial services firm. Securities Back-Office offers full control of cash and securities management, with an overview of account balances and expected movements. It automates post-negotiation activities such as marching, confirmation, financial settlement and connection to custody/depository providers. It furthermore operates with respect to corporate actions by means of automated workflow, clients’ fees, commissions and charges calculation, portfolio accounting, compliance, taxation and regulatory reporting.
Features
Asset services
Nominee & designated custody, workflow of corporate action and dividend events processing, certificate/paper lifecycle management, management of tax efficient products, tax reclaims, subscriptions
Trade processing
Trade capture from OMS platforms, trade enrichment, trade confirmations, transaction reporting
Client reporting and compliance reporting
Client Statements, Valuations, Tax Packs, Invoices, confirmations; generation of reports in the format required by local authorities, MiFID II; suitability
Fees commissions and changes
Client fees, commissions and charges calculation; scheduling, exclusions and overrides, invoice production
Cash and securities management
Full control of cash management and securities inventory, account balances and expected movements, client payments (SWIFT / ISO2022), client deposits and interest, FX
Clearing and settlement
Links to clearing service providers; monitoring of settlement status throughout the trade lifecycle; support of gross and net settlement, actual or contractual basis
Securities and income taxation
What-If future liability analysis allows CGT implications in modelling and asset allocation processes; what-if future liability analysis, end of year client reporting packs
Benefits
- Maximise productivity because of automated, efficient administrative processes
- Reduce operational risk and guarantee regulatory compliance
- Optimise the resources needed to execute back-office operations
- Reduce transaction costs and stay competitive
Key Data
Implementation Methods
- Hosted (public cloud)
- Hosted (private cloud)
Type of Clients
- Asset Managers
- Bank Wealth Managers
- Digital Wealth Manager
Client Regional Presence
- Caribbean
- Central America
- Eastern Europe
- Middle East
- North America
- South America
- Western Europe
- View Others View Less
Securities & Back Office
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