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 ObjectwayPlatform, 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 & Compliance Reporting
Client Statements, Valuations, Tax Packs, Invoices, confirmations; generation of reports in the format required by local authorities, MiFID II; suitability
- Fees Commissions & Changes
Client fees, commissions and charges calculation; scheduling, exclusions and overrides, invoice production
- Cash & 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 & 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 & 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
Please click the button below to connect with Objectway
