Delta Data has launched an online calendar tool to enable banks, record keepers, broker dealers, insurance companies, and economic professionals in the put investment fund industry, to manage the whopping routine https://www.deltadata.com/distribution-services/ occasions in november, as well as those scheduled for the rest of the year. The Delta Data Dividend Calendar is currently available, at a 10% discount through the month of December. Delta Data is a leading 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 gross 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 beforehand by projecting forward all dividend events over another 13 months. This allows users to comprehend which securities will receive what forms 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 each night. Missing a dividend can have catastrophic financial consequences in today’s omnibus trading environments, in addition to reputational risk when the client statements and reporting require reworking once missed dividends are incorporated.
Features:
See all annual security events within an easily accessible online calendar format
View daily, weekly and monthly payouts by fund complex, dividend type or for a specific security
Look at daily exclusions and have alerts when forecasted dividends have yet to be received with a certain time of day or the expected dividend type differed from that acquired.
Practical notification of dividend expectations
Dividend rate details also designed for an additional fee
Results payouts can easily snowball, building a perfect storm of events that make employee time allocation difficult, especially during the holiday seasons. We developed this tool to provide all finance institutions facing this total annual challenge with the ability to get ahead of the payments and better manage personnel, minimize mistakes manufactured in haste and serve customers in a timely manner around the many twelve-monthly payouts, says Delta Data CEO Whitfield Athey.
About Deltadata.com
Delta Data supplies the back-conclude https://www.deltadata.com/oversight-solutions/ the fact that companies in the put investment fund market use to process billions of dollars of transactions and keep an eye on their data. With companies in this industry facing constant differ from regulatory, technology, industry, and even internal sources, Delta Data helps them start to see the change through advisory services, get before it with SaaS and installed software solutions, and stay on course without introducing new risks to their systems. Of which why many of the biggest names in financial services rely on Delta Data to help them stay prior to the change. For more information, explore www.deltadata.com