asset management solution

Comparing Asset Management Solution for IT Service

Information technology service management is the practice of managing the operational side of computer systems. Service in this case means giving value to the business from computer systems and enhancing that value through quality and problem management, support and system availability. Service management asset management solution manages and ties together these processes.

Information Technology Infrastructure Library

Information technology infrastructure library or ITIL is a standardized framework for managing the services given by an IT organization. Studying ITIL to get an idea on what areas cover service management and where there are gaps in your organization is a good beginning to making an assessment of potential asset management solutions.

Quality Assurance and Change Management

Quality assurance is the process of managing change. Good quality assurance processes track the changes coming to which systems, and inform the company of potential interactions that can cause problems. Comparing how the asset management solutions you are reviewing flag potential quality issues in your internal software projects will help drive your decision.

Configuration Management

Configuration management is the tracking and management of changes on the servers that are not part of the asset management solution itself, like network software, operating systems, or versions of the application software. When tied in to change and problem management in your asset management solution suite, a very powerful cross referencing can occur which can ease troubleshooting. If you can develop a problem, and look and see that a configuration change recently occurred, this can give a starting point for investigation.


Companies usually already have tools in place for some parts of service management. A good point of comparison when looking at asset management solution is to see what is already implemented, and go through potential asset management solution purchases to see if they will easily interact with what is currently already in place.

asset management software

The Regulatory Management System and Its Benefits

As we are seeing a growing number of organizations that suffer damaged reputations and harsh fines, a regulatory management system has become a very essential board-level priority. However, for most organizations, complying with hundreds of global regulatory agencies is complex, large manual, and is made up of a decentralized series of activities. In the end, the approach exposes you to risk and forces you to escrow large quantities of capital against future fines.

With a quality regulatory management system, you can dramatically simplify regulatory compliances with the use of an automated, closed-loop process that will let your company monitor all regulatory changes, link such changes to your affected company policies, trigger revisions and publication of changes, and readily give management visibility with a full audit trial.

A reputable regulatory management system should be a regulatory change management solution for any company looking to transform their compliance process to increase efficiency and quickly reduce risk. By acquiring a regulatory management system, you can enjoy two main benefits.

Streamlined and automated regulatory compliance process

  • Centralization and integration of internal information resources, like procedures, policies and other controls with external regulator rule changes and news of potential changes.
  • Creation of relationships and tailored workflows to quickly route potential risk exposure to the right people in your organization via automated alerts.
  • Status report of compliance tasks and gives audit details in the regulatory management system.
  • Presentation of your organization with one, unified view into relevant information to achieve and document compliance.

Reduction of costs and gaining control of the compliance process

  • Reduction of regulatory fines and penalties, and required cash reserves, freeing up working capital via the regulatory management system.
  • Improvement productivity and decrease cost by automating the monitoring of regulatory agency and news sites, and the delivery of information and role-based notifications.
  • Assurance of transparency, accountability and oversight via role-based dashboards that centralize information in the regulatory management system.
  • Detailed tracking of policy revision status for the understanding of your compliance posture and give a full audit trail.
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.

asset management solution

Developing Financial Risk Management Software

The primary goal of risk management is to eliminate or minimize a harmful or negative result. Financial risk management software can help your business properly operate by evaluating different factors. Financial risk management software usually identity and rate risk, like of default or failure. For example, a risk software might assess the assets, debts, credit history and credit score of the borrower to determine credit risk. Most businesses realize that they should develop their own software instead of buying packaged software from retailers to maximize effectiveness. By independently developing the financial risk management software, a business determines relevant criteria and designs the software according to its needs.

Financial risk management software vary based on company resources and needs. Your system can stem from software made available in retail stores. For instance, you can use Microsoft Excel to point out numerous factors and create worksheets that capture relevant data in a user friendly way. You can also come up with proprietary software through companies like or One benefit of hiring an outside company is that you can include features, like web-based or remote access.

Financial risk management software are able to collect and consolidate a lot of information. With the use of a monitoring system, your business can quickly identify incomplete applications. For example, an initial form might ask for the business owner’s full legal name, the company’s principal place and business, and the state where the company is registered. Once the form has been inputted into a system, the financial risk management software is not able to detect discrepancies, like if the principal place of the business is misspelled, or if the business is not registered under the state secretary of state.

financial risk management software exist in various forms. An effective management system allows the decision makers to easily point out the advantages and disadvantages of extending credit or expanding location. If you want to conservatively lend money, your financial risk management software can analyze your current assets and liabilities, like evaluating equipment accounts receivable and cash deposits for business loans or property values for personal loans.

investment management system

The Benefits of Using Investment Accounting Software

You can install investment accounting software on your computer to conduct efficient research as an investor and plan and manage your investments. There are so many options when it comes to choosing investment accounting software. However, every choice will be geared towards you as an individual, allowing you to make smarter investment choices. Majority of investment accounting software will help you with the fundamental and technical analysis of your investments, from FOREX to equity to mutual funds. These applications will also keep your records organized and straight for you, allowing you to interact with online databases to regularly update them.

The more powerful varieties of investment accounting software have various functions and options that will let you conduct investment administration. This includes income computation, calculation of class united funds, multi currency accounting, fun reporting, and funds administration. Below are some of the most common features in such applications.

  • Institutionalized investment portfolio management, including pension funds, holding firms, and insurance companies
  • Mutual fund management, as investment accounting software will let you manage your various kinds of funds
  • Coverage provisions, including multi-currency, multi-asset and multi-codfication
  • Management for rules based on process, including weight average cost (WAC)
  • Money market instrument and cash deposit fund
  • User-generated charts for the accounts in each investment portfolio
  • User generated accounts and asset positions for any given time
  • Process of multi-class pricing models, including configurable modules for various funds without limiting the quantity of classes within that fund
  • Effortless integration and connectivity, as the investment accounting software can quickly and completely integrate information transaction, report generation, file extraction and printing
  • Ability to process transverse services, including client defined data and real time financial databases

The best investment accounting software for your company allows compliance to various environments, allowing the software to understand the regulatory compliance of any given area that you operate in. it also allows for easy implementation and deployment. A quick and simple setup is essential in managing your portfolio, so investment accounting should quickly and seamlessly operate with the other systems that you currently have in your organization.

risk management

5 Tips to Get Started on Your Asset Management Software

Using asset management software should not be challenging or taxing a prospect if you follow a simple game plan. Also, you do not have to be a complete expert in IT and electronics. The nature of these solutions has allowed practically anyone to use them. Below are some tips to help you get started.

Know your end game. Determine what you want to achieve from your asset management software and actively plan around it. This can include everything from improving asset registration process to fast responding of audio requests to getting accurate asset round-up on the asset management software at any given time. Set your targets and goals and measure them.

Buy-in. sponsorship, support, and buy-in from senior management is essential, along with their active involvement with the process of the whole duration of the project, especially in renegotiating contracts, reassigning assets, and exploring improvement opportunities. Asset management software might not actively contribute to the company of your income, but it will drive significant cost savings and help improve IT efficiency.

Be ready for the long haul. Asset management software is an ongoing process. Just like its IT systems, a business is constantly changing and keeping the two aligned needs to an ongoing effort. An effective program requires ongoing review so you can maximize the value of the asset management software. The fact that it will be an ongoing process should lead to a constant flow of cost-saving procedural opportunities so you can sweat out those assets even more.

Partner and automate. After defining your goals, pick partners and a tool set to support the requirements and fit your own particular environment and needs. An organization that has a complex network structure, or one that has lots of branches and remote workers will need asset management software and so many tools that are easily adjustable to such parameters.

Determine your base. Developing and understanding an accurate baseline for your assts is the fundamental of any successful asset management software. This baseline should include an accurate inventory of virtual and physical machines, peripherals, installed software, financial records and software licenses. This baseline should be maintained with an accurate and updated asset inventory.

investment management systems

What is an Investment Management System?

Integrated investment management systems are computer-based systems that automate and store key financial information in big organizations like multinational corporations, governments and large nonprofit institutions. The goal of these systems is to increase access to information, all the while decreasing long term costs. The initial investment of time and money to implement investment management system is high, but improved financial transparency and information access usually offsets its initial expense.

The main features that distinguish an integrated investment management system from other computer systems are the reduction in duplicate data entry, standardization of data classifications for financial events, and implementation of internal controls for transactions. These systems ingrate accounting-related information, or bigger organizational data management systems.

Investment management systems function as a repository for the data and processes surrounding the reporting and assurance of financial responsibility. They give financial reports and information to management, increase financial responsibility, help determine budgetary decisions, and give internal and external reports.

Implementing an investment management system requires defining and mapping all financial processes, outlining needed technology and software and documenting requirements. Some commercially developed software can be modified for this purpose, or a system can be customized internally, depending on the requirements of the organization. Once a system is developed, it should be thoroughly tested and evaluated to ensure functional and financial validity.

Integrated investment management systems are technically efficient. Financial data is input once, and can then be used many times for various purposes and functions. Also, these systems create a shared programming environment, where code can be reused and repurposed, saving time when new functions are needed. For end users, it can give consistent presentation that reducing training requirements and potential confusion.

Investment management systems can create a single storage location for financial data and one authentication point that allow information to be monitored and controlled. Such systems also allow a central authority to regular security access that increases overall data security and integrity. With all the information in a single transaction, financial fraud would be harder to penetrate and easier to catch.

A well-designed investment management system might give you all the current process and date needs of the organization, inevitable changes might require ongoing maintenance to ensure the integrity and functional use of the system. Support needs depend the type and size the system implemented and the speed of changes.


portfolio management systems

The Rail of Portfolio Management Systems

Making decisions about investments and policies, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance; these are few of the art and science of portfolio management. Portfolio management is all about strengths, weaknesses, opportunities and threats in the choice between debt and equity, domestic and international, growth and safety, and many other trade-offs that you may encounter in the attempt to increase returns with risks along the way.


Make your data more meaningful to you and your clients with a library of flexible and innovative reporting tools. Whether you manage global fixed income or domestic equities, currency overlays or complex derivatives, portfolio management systems can help you organize your information and use it to create an array of reports for use in and outside of your organization—faster and more accurately than your old spreadsheets or disparate systems. Manage your assets more efficiently with your powerful portfolio management systems.



Most portfolio management systems use extensive tools to monitor real-time exposures, order execution details and performance measurement and attribution. Also, you can create and implement investment strategies across one or many portfolios and integrate data and analysis, and interfaces seamlessly with third-party systems, data warehouses and pricing feeds.


Getting to Know the Portfolio Manager


The person responsible for investing a mutual, exchange-traded or closed-end fund’s assets, implementing investment strategy and managing the day-to-day portfolio trading is the portfolio manager, also called a financial analyst. In line with investments, portfolio manager works with a team of analysts and researchers, and are ultimately responsible for establishing an investment strategy, selecting appropriate investments and allocating each investment properly for a fund or asset management vehicle.


The use of portfolio management systems will be of great help for portfolio managers since they are performing a critical responsibility in the company. The management systems will assist them on the decision making and create a safe choice of interest and outcome of their choices. Portfolio managers must also adapt, review and measure credit policies over time and carefully choose the portfolio management system that will be their resource to providing globally competitive outcomes while reducing risks in the same track.