Kategoriarkiv: Accounting


The Benefits of Implementing IBOR

The Investment Book of Record, commonly referred as IBOR does not have a relatively long story and its concept is not that compelling. It has been around for quite some time while starting to gain interest on all over the globe. The idea that drives IBOR to be an essential priority for a number of investment management organizations is the term “real-time” or “up-to-date”. It has been designed to provide portfolio and investment managers real-time visibility to make sound decisions, and offers a comprehensive, intraday view of a firm’s position based on constantly updated real time events. This enables the firm to efficiently manage issuer and counterparty exposures as well as forecast investments and security positions.

IBOR’s tremendous advantage is that it automatically centralizes a firm’s holdings data, process trades, corporate actions, and produces updated reports in real time. Also, aggregating positional data for accurate start-of-the-day and intra-day in a timely fashion Also, with IBOR, a firm will be freed from the manually grueling and time consuming tasks. An investment book of record would combine all positions and accommodate all data. The result is a single version of truth from accurate and efficient data management stemming. You will be able to have a comprehensive view of your day.

Regarding its implementation, determining the functional requirements of both the front and back office systems must be carried out. It will be used by many areas of the organization. These relevant requirements are needed to ensure that the organization will gain maximum benefit from IBOR. Keep in mind that implementing IBOR is not a trivial task to undertake and will require careful planning and thorough analysis. For others, decisively opting to outsource the entire IBOR lifespan to a third-party service provider seemed to be a popular choice though there are risks and disadvantages associated with it. Investment managers who prefer outsourcing their middle and back-office are more exposed to experience complications throughout the process of gathering data than their colleagues that work in-house. Another drawback why outsourcing IBOR is not an excellent choice for many firms is that vindication for IBOR can somehow provide a degree of independence from outsourced relationships. Over-dependence on third parties and especially outsourcers proved to be questionable.

An internally built solution, or commonly known as ”in-house”, is also an option that is widely debated. Many business challenges arise even in the time when IBOR was not officially branded as a solution and made some organizations to develop strong in-house applications, working out the cause of the problem. However, implementing this type of initiative can be time-consuming, expensive and the risks and costs of unable to fully ensure constant access to up-to-date data are disadvantageous.

Apparently, the best option in implementing investment book of records widely depends on the nature of the organization or firm since it is a firm-wide initiative. You can only call an implementation successful when all the areas of a firm participate, including the sharing of benefits.


post trade processing

Learn the Best Approaches to Improve Post Trade Processing

Post trade processing can become complicated with all the individual tasks needing your time and attention. Repetitive processes may get you stuck on less important tasks and will cause you to lose focus on more necessary operations in portfolio management. You don’t need to get worked up in reconciling numerous accounts nor confirming recorded transactions and generating settlement workflows to be used by your clients and your business. Getting your way out of arduous post trade processing can be achieved through automation which eliminates numerous integrity problems in data management, improves accuracy of results, and ultimately cuts operating cost for a more efficient post trade processing.

If you are seeking to improve all your post trade processing tasks and requirements, employing automated workflows and efficient connections can be the solution you need. There is no sense in sticking to the traditional routine processing when you can have a faster and more convenient method to perform it. With automated workflows, all major standard post trade processing cycles such as account confirmation, trade settlement and transaction matching can be completed in a smooth and uninterrupted manner. Gone were the business days when it is natural to doubt about the integrity of your business data knowing that most of the processes involved in generating them are all results of manual labor that is known to be a major source of error and fraud.

There are just some more important matters that deserve your full attention and concern other than the typical and routine cycles in post trade processing. By allowing full automation system, each processes and steps involved in post-trade processing is handled with efficiency and speed thereby enabling you to facilitate working with special trading deals and solve pending issues that cannot be compromised time-wise.

Allowing single database architecture for your post trade processing system will implicate a positive change in your operational structure, made possible by increasing efficiency through smooth and uninterrupted flow of processes and optimizing all functionalities in one working database environment. With a comprehensive approach to your post trade processing system, you can easily map out details of the processing network and eliminate those that you think do not add value to your company. These processes can be integrated with others or can be crossed out for good, depending on the strategies you will be implementing for the improvement of your post trade processing system.

trade order management software

Trade Order Management System Benefits

You may wish that acquiring money is as easy as picking apples in a tree.  The reality though is that if you want to gain more, you have to work even harder.  This goes the same when you are into trading stocks or if you are engaged in portfolio investments.  Of course, the fewer the companies that you are dealing with, the lesser also would be your income.  This is why having more stocks in different companies is a huge advantage.  However, you do have to deal with the difficulty of handling too many trade orders at the same time.  This should not be a problem if you make use of a trade order management system.

The first impression that you may have as soon as you have heard about trade order management system is that it is something that just makes the trading a lot easier.  Actually, such an impression is generally accurate.  However, it must be pointed out that this is not the only thing that such system performs.  There are also several other tasks that a trade order management system could also do.  Most of these though are related to the usual management jobs that you would encounter when you have several trading transactions that could happen at the same time.

One of the toughest situations that you may be in as a trader is when there is too much information coming in simultaneously into your computer.  This information may come from the different sources that provide you updates on the market.  Of course, you should not set this aside as though it is not important at all. If you have a trade order management system, you could easily deal with the information overload.  The system itself would automatically determine which information would really serve you best at a particular point of time.  However, this is possible only if you have done some adjustments of the settings of the trade order management system.

Of what use would your trade order management system be if it is not capable of giving you the latest information of the market?  As a portfolio investor or trader, being constantly updated of the trends in the market is a very valuable advantage.  This is the reason why you need to have a trade order management system that could always update you on the situation of the markets, especially those that you are involved in. Generally, such a system does make sure that updated reports are given.

Connectivity or your ability to communicate with other traders or counterparts is of extreme importance to you.  Your trade order management system should be able to facilitate the lines of communication between you and the seller or buyer of stocks.  Since not all systems, may have the capability of serving your communication needs, it is wise to first check out the features of each.  Once you have determined the trade order management system that you should have, you could to a vendor’s website and download from there after you have made the payments.



regulatory management system

Ideal business

In an ideal business, whether it is web based or land based, all systems, equipment, tools, and other things related to this business, should be in conformation with the business practices, how it should be run and streamlined with the business goals and objectives. Business practices should not be changed for reasons that the tools used will not work alongside the present system. A regulatory management system to be used in the business should be ideally one that can be customized to fit the business system perfectly. This is the one that should be ideally taken and do not get one where the business system is changed because the regulatory management system that is acquired doesn’t fit well or finally will not work.


The regulatory management system software acquired, aside from customized capabilities to perfectly fit the business system network, should also be not with high costs. There may be lots of these offered in the market, but finding one with these qualities should be the goal. The regulatory management software system will provide the tools that the office will use in the licensing and certifications needed, managing these well including re-licensing and re-certifications and renewal reminders, sharing of data, and others related. All these will be customized according to your business and office needs. There will be no need to acquire new tools, hardware, or software, including maintenance of these because everything is already in the management system software you have.


With the regulatory management system software in your system network, future complex problems like strict control and auditing, and others related to legal complexities in licensing and regulations, will be solved. Retrieval of data content will be done much simpler or complete data needed and not individual data, if these are needed in the renewal of regulatory licensing. The regulatory management system software in your system is really necessary, and everything in the business will work out well and your staff will not incur headaches on how to work out things.


Your regulatory management system software installed should be able to maintain comprehensive confidentiality and this should be completely secured also, with just the allied staff allowed access. It may have full transparency but there can also be data that need more confidentiality, thus should have full security also. Easy search and retrieval of data content should be there, and this is important to a regulatory management system.


While data search should be simple with the regulatory management system software in your office network system there should be real time notification made like renewal reminders. This may be automatic, but has to be fully assured because licensing and regulatory renewals need not be delayed or the business will suffer the consequences.


Efficient managing of folders, files, content, and everything else related should be with this regulatory management system software in your office network. Since it is web based, search and retrieval of data content, including those from outside or from branch offices can be done easily and efficiently also.


risk management

Increase Operational Efficiency with a Fund Administration System

A fund administration system is developed to meet the changing client and operational demands of today’s service providers. Made to fit your current infrastructure, a fund administration system offers an integrated set of client-facing and operational tools that allow fund administrations of all sizes to address the mission critical requirements of their evolving client base. Here are some of ways by a fund administration system will increase your organization’s operational efficiency.

Improve client reporting. A fund administration system is a comprehensive data aggregation warehouse and reporting platform designed to consolidate information from numerous resources into a centralized firm-wide reporting tool. It allows firms to easily consolidate front-, middle-, and back-office information to a single reporting solution that allows you to easily manage and automate the whole reporting process.

Leverage industry-leading data providers.

Integrated with the foremost data providers, a fund administration system will allow you to easily manage multi-asset class security set-up, terms and conditions updates, corporate action processing and on-going security maintenance. Operationally, it allows you to automate and centralize the daily security set-up process and allows you to adapt to the changing requirements of your client base while reducing operational costs associated with the introduction of new securities, asset classes and strategies.

Streamline independent pricing and valuation functions. A fund administration system will let administrators centrally manage and audit pricing and valuation rules. It will let administrators aggregate numerous pricing sources and apply fund-level rules for striking fund-specific end of day marks.

Lower your on-going operating cost. For service providers that are looking to implement an industry leading accounting platform, use a fund administration system in a fully hosted deployment. It is the only hosted front to back office solution specifically designed to meet the demanding, real-time operational and decision-support requirements of today’s most complex service providers. Fund administrators are able to eliminate the cost of building in house technology and other support infrastructures.


Investment Management Software: What is QuickBooks Used For?

A popular productivity tool, QuickBooks is designed to help you manage your financial information easily. This investment management software aids in bookkeeping, accounting and managing your income and expenses. QuickBooks can be accessed directly on your desktop or online, depending on the type of account you want.

The five types of this investment management software offer solutions for various kinds and sizes of business. For simple finances, the free version called QuickBooks Simple Start allows you to create custom invoices and track and manage expenses. QuickBooks Simple Start, QuickBooks Pro, QuickBooks Premier and QuickBooks for Mac offer additional features.

Financial account organizer. This investment management software helps you organize accounts in one place. It lets you manage your bank and credit accounts as well. You can create charts or reports to track your money in each financial account.

Vendors and billers. QuickBooks helps you track scheduled bills or any payment made to vendors or billers. You can set up recurring payments if needed. This investment management software helps avoid delayed transactions or penalty for late payments.

Customer management. This investment management software offers customer management tools that helps store and track sales information for every customer.

Payroll management. The payroll management option of this investment management software helps in tracking payments to employees as well as filing taxes. You can set up customized payroll items and generate payroll reports.

Time tracker. This investment management software has an online timesheet that helps you maintain records of work done per hour. This project management tool can be integrated to your calendar and other financial tools, to track and synchronize projects accurately.

Preparation of tax information. Preparing end of the year income tax is another prominent feature of this investment management software. In preparing your tax information, you are given three choices: fill out tax forms by hand, export to your tax software, or give tax reports to your accountant.

regulatory management system

3 Fund Accounting Software for Non-Profit Organization

Non-profit fund accounting software enables you to keep track of your day-to-day operations, like your budgets, donations, staff and operating costs. This software also contains a reporting module, allowing you to quickly create accurate financial reports. You can then distribute and go over them with your board of directors, management and fund contributors. Using non-profit fund accounting software will help you be financially accountable to your stakeholders.

QuickBooks Premier Industry Edition

QuickBooks Premier Industry Edition will help you manage the daily tasks of your non-profit organization, like recording donations and paying bills. You can also create different reports disclosing your expenses, budgets and donations. Another task that this non-profit fund accounting software performs is generating form 990 statements. Form 990 is an annual form that should be filed with the IRS so your non-profit organization will remain tax exempt.

Sage MIP Fund Accounting

Sage MIP Fund Accounting will let you track and report on various funds across multiple budget periods. This non-profit fund accounting software allows you to quickly produce reports for our fund contributors and board of directors, and comes with an interface that allows you to customize the fund accounting software to your preference. You can create and store multiple financial report templates so you can use them in the future. Another task that you can perform is creating 990 worksheets, which will help you complete your annual federal 990 form.

Fund Suite Accounting Software

Fund Suite Accounting Software contains a suite of modules like a general ledger and payroll. General ledger gives you an overall snapshot of your non-profit organization. You can create different reports like balance sheets, income statements and cash flow. Payroll walks you through the steps in setting up your employees and how you will pay them, like salary, hourly or contract. This fund accounting software can also calculate your employee’s benefits and deductions. For tax purposes. This non-profit fund accounting software generates and prints W-2 forms.