Delta Data has unveiled an online calendar tool to permit banks, record keepers, agent dealers, insurance firms, and economical authorities in the pooled investment fund industry, to control the whopping routine https://www.deltadata.com/distribution-services/ occasions in December, as well as those slated for the rest of the year. The Delta Data Dividend Calendar is currently available, at a 10% discount during the month of December. Delta Data is a respected provider of software and data management solutions for the pooled investment fund industry, including dividend processing software and dividend distribution data.
Deltadata.com’s All-encompassing annual calendar tracks every fund’s payout and allows exact income processing for trust companies, recordkeepers, and broker dealers. The calendar alerts users to payouts in advance by projecting forward all dividend events over the next 13 months. This enables users to comprehend which securities will receive what types of dividends and which days. This also allows back office teams that deal with high volumes to load balance their processing team by illustrating just how many projected events will be processed every night. Missing a dividend can have catastrophic financial consequences in today’s omnibus trading environments, in addition to reputational risk when your client statements and reporting require reworking once missed dividends are incorporated.
See all gross annual security events within an easy to get at online calendar format
View daily, weekly and month-to-month payouts by fund complex, dividend type or for a specific security
Look at daily exceptions and acquire alerts when believed dividends have yet to be received with a certain period or the expected dividend type differed from that acquired.
Active notification of dividend expectations
Dividend rate information also designed for yet another fee
Gross payouts can quickly snowball, building a perfect storm of events that make employee time allocation difficult, especially through the holiday seasons. We developed this tool to provide all finance institutions facing this annual challenge having the ability to get prior to the payments and more effectively manage personnel, minimize mistakes made in haste and serve customers in a timely manner around the numerous twelve-monthly payouts, says Delta Data CEO Whitfield Athey.
Delta Data supplies the back-end https://www.deltadata.com/oversight-solutions/ who companies in the pooled investment fund market use to process vast amounts of dollars of transactions and keep an eye on their data. With companies in this industry facing continuous differ from regulatory, technology, industry, and even internal sources, Delta Data helps them start to see the change through advisory services, get ahead of it with SaaS and installed software solutions, and stay on course without introducing new risks to their systems. Which usually why lots of the biggest names in financial services rely on Delta Data to help them stay prior to the change. To learn more, take a look at www.deltadata.com