Oracle Financial Services Announces Oracle FLEXCUBE Investor Servicing

  • Oracle Financial Services Software today 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, robust 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 offers improved insight into operations for compliance
    through
    Oracle
    Mantas’ Know Your Customer and
    Anti Money Laundering Analytics software.
  • Oracle FLEXCUBE Investor Servicing today manages transfer agency and
    fund distribution function for its customers in more than 25 countries
    across the world.

Simplify Operations While Fostering Growth

  • Oracle FLEXCUBE Investor Servicing offers a wide range of benefits
    for
    transfer agents and fund managers looking to leverage their wide channel
    and distribution networks by supporting complex retrocession and
    distribution commission models for upfront and trailer commission rules
    for
    intermediaries, including:

    • Support across multiple geographies with multi-entity, multi
      product,
      multi-currency, multi-lingual and multi-time zone capabilities;
    • Enablement of true cross-border transfer agency capabilities across
      markets supporting varied business models.
  • This new release also simplifies management of shared services
    across a
    service-oriented architecture (SOA) through accelerated service
    configuration, integration, and deployment.
  • Oracle FLEXCUBE Investor Servicing has been integrated on Oracle
    Business Intelligence Enterprise Edition Plus for
    providing comprehensive reporting on transfer agency operations. With
    this
    integration, the solution enhances multi lingual & user-friendly
    reporting
    capabilities by supporting report labels in different languages.
  • Additionally, the new release includes integrations with Oracle Enterprise
    Service
    Bus that will help financial institutions seamlessly integrate with
    external systems.

Supporting Quotes

  • Barrington Partners, an influential analyst organization for
    Financial
    Services, states:

    • "The distribution of mutual funds is changing dramatically in many
      markets. Whereas in the past, the industry was largely influenced by
      manufacturers, today intermediaries, supermarkets and aggregators have
      secured increasingly strong positions in the distribution of funds to a
      variety of investors through multiple channels. Transfer agency
      technology
      is concurrently changing the operation of the business with key goals
      being
      efficient investor servicing, automation and integration." – Bob
      Hollinger,
      Partner at Barrington Partners.
    • "Transfer agency systems are now expected to support multi-product,
      multi-company, multi-domicile and multi-currency offerings and provide
      bespoke reporting." Organizations want to be able to integrate transfer
      agency solutions into their corporate infrastructure including image and
      workflow, auto faxing, private client and web portals. The ability to
      integrate with multiple straight-through-processing players is essential
      to
      maximize operational efficiencies. Moreover, the appetite for a single
      solution for both traditional products and hedge funds is increasing.
      Comprehensive transfer agency solutions will enable investment
      management
      firms to offer innovative products that will help them stay ahead of
      their
      competition." – Bill Hookings, London-based Barrington Partners.
  • "Transfer Agents and Fund management companies today are constantly
    seeking innovative ways to sustain their market lead and respond rapidly
    to
    business challenges," said Joseph John, Executive Vice President, Oracle
    Financial Services Software. "Oracle FLEXCUBE Investor Servicing 9.0 is a
    comprehensive transfer agency and fund distribution system that can help
    transfer agents and fund management companies address their business
    challenges and manage complex workflow procedures effectively. With
    enhanced distribution, support for hedge funds and compliance to SWIFT
    Net
    messaging standards for the industry, this release should help transfer
    agents deliver success in their business."

Supporting Resources

  • Oracle
    FLEXCUBE Investor Servicing Data
    Sheet
  • Follow Oracle Financial
    Services on Twitter
  • Join the Oracle Financial
    Services Community on Facebook
  • Oracle
    in Financial Services

About Oracle Financial Services Software Limited

Oracle Financial Services Software Limited (referred to as "Oracle
Financial Services Software") (Reuters: ORCL.BO & ORCL.NS) is a
majority
owned subsidiary of Oracle. Oracle Corporation is the world’s largest
business software company.

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