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Diamonds Software Ltd
Diamonds Software Ltd
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Page title - Fund Administration
Our Fund Administration Sector Solution is a specialist pre-configured ‘out of the box’ package that has been developed in conjunction with global industry leading organisations.

The solution comes ready to meet the needs of back-office Fund Administration Services to the financial market. Pre-configured workflows, escalation policies, auditing, reporting and analytics provide a foundation
to ensure the annual administrative cycle of a Fund is compliant with industry standards.

Although designed to create a ready to perform solution, the real benefit for fund administration departments is its ability to be continually updated to meet the changing needs of any organisation, to reduce risk and to ensure compliance.
Left edge image for contact link imageLink to request for contact about Fund Administration Solution

The market need

In the fast-changing Funds Market, it is imperative that administration services are carried out in a consistent and structured manner.

New regulations have massively increased the back office burden on the services that support the fund administrators. To cope with these new challenges, organisations delivering back-office administration services need systems and processes that ensure delivery within demanding regulations and requirements.

Complying with Investment Fund Law, regulatory compliance policies and procedures around fund administration services requires specialist resources to deliver an efficient and up-to-date service.

 

Key solution benefits:

  • Reduce Operational Risks


  • Reduce key-date breaches & fines


  • Ensure legal compliance


  • Easily adapted to meet new administration scheduling requirements


Fund services providers are increasingly being called upon to provide diverse solutions to an increasingly wide variety of models in different jurisdictions.

Workflow – the foundation of the solution

Diamonds is a workflow centric solution that enables the automation of agenda planning aspects of fund administration. This ensures that your skilled staff can focus more on their specialised job activities.

By correctly assigning tasks against key dates, consistent completion of your administrative tasks is maintained, risk is reduced and compliance is met.

Each fund is driven by individual workflow templates, ensuring that tasks are assigned for the correct date and team member.

Planning, organising and the delegation of tasks and resources can be structured and streamlined. This leads to the highest levels of accuracy and professionalism in ensuring that a high quality service is delivered by all members of the team and that documented processes are adhered to.

 

Image to demonstrate the life cycle of typical key dates in the administration of a fund.

Benefits of a workflow centric approach:

  • Changes in compliance laws and regulations can be centralised and applied to workflow templates.


  • Automation of procedures enables a consistency of approach and the implementation of best practice.


  • Monitoring workflows helps the department to define, to measure and to deliver service level agreements.


  • Improved Employee Efficiency.


  • Streamlined Administration cycle processes.

Diamonds Software Ltd | Tel: +44 (0)1225 444 344 | Fax: +44 (0)1225 444 132 | Email: info@diamonds-software.com