Whichever strategy you want to analyze your fixed income and equity investments, there are inherent risks. Fortunately, you can reduce these risks by using an investment accounting manager to track, value and account for your investments. It is a flexible software application that streamlines, automates and simplifies the investment process by giving immediate access to decision-making data. Here are three major investment accounting manager benefits.
Achieve efficient transaction- and position-based investment accounting
Investment accounting manager gives you the essential cornerstone to build on a complete overview of all your positions. You are always linked to transactions and tax lots, and you have an immediate view of your preliminary and relevant trade numbers. Everything is saved in the database, completely covering you with regard to availability of data needed for performance evaluation and reporting at all times. The investment accounting manager also delivers fast and uniform investment accounting will a full audit trail as the handling of all instruments is integrated in processing environment.
Benefit from automated and flexible workflows
To save you time and reduce operational risk, investment accounting manager gives straightforward automation of daily, monthly or yearly administrative and accounting tasks like amortization, accruals, mark to market and calculation of unrealized profit or loss. You benefit from the extensive investment accounting manager instrument coverage and the simple and fast mark to market process because of system integration. For control and auditing, you can access to full documentation of pricing online, also allowing customized delivery of all required reports.
Reduce administration using numerous parallel investment accounting frameworks
Investment accounting manager allows you to keep dual or up to 10 books of records in parallel without the need to duplicate a trade. You can set up accounting rules per asset class or even sub-set of the asset classes for every book of records, and you can make general ledger postings from one or several of the different books.