2 Mar 2010
Oracle Financial Services Software has announced the launch of Oracle® FLEXCUBE Investor Servicing 9.0.
Oracle FLEXCUBE Investor Servicing 9.0 is a process enabled transfer agency and investor servicing solution that helps financial institutions manage the complete fund lifecycle and reduce operational costs through process automation across fund structures, intermediary hierarchies, and investors.
The new release provides a single technology platform that will allow transfer agents and fund managers to sustain market lead and adapt to business challenges by :
- Expanding business with support for managing popular variants of hedge funds like Simple, Master/Feeder, Fund of Funds and Side pockets;
- Defining variety of equalization fee methods and supporting accrual and payment of equalization fees based on funds performance;
- Enhancing STP by enabling comprehensive coverage of ISO 20022 SWIFTNet 4.0 messages and 15022 messages.
Oracle FLEXCUBE Investor Servicing 9.0 is a process enabled transfer agency and investor servicing solution that helps financial institutions manage the complete fund lifecycle and reduce operational costs through process automation across fund structures, intermediary hierarchies, and investors.
The new release provides a single technology platform that will allow transfer agents and fund managers to sustain market lead and adapt to business challenges by :
- Expanding business with support for managing popular variants of hedge funds like Simple, Master/Feeder, Fund of Funds and Side pockets;
- Defining variety of equalization fee methods and supporting accrual and payment of equalization fees based on funds performance;
- Enhancing STP by enabling comprehensive coverage of ISO 20022 SWIFTNet 4.0 messages and 15022 messages.
