investment accounting software

Investment Accounting Software for Your Accounting Needs

Accounting for your investment portfolio can be demanding. You need to book journal entries, prepare financial reports and disclosures, reconcile activity and statements, field questions from auditors and stakeholders, assemble board packages, and keep up with the changing accounting regulations. But would it be great if you can streamline all these processes, and increase your precision and accuracy at the same time? With investment accounting software, you most certainly can.

Investment accounting software is accurate, powerful, precise and robust – and it is updated on a daily basis. No other investment accounting software can give you up to the day, audit quality accounting information, regardless of the number of accounts, security types or custody banks that you might have. Below are a few features that the right investment accounting software system can offer you.

Customized general ledger entries. With investment accounting software, you can close your books with unparalleled accuracy and speed. Journal entries can be configured to match your specific chart of accounts and GL codes, which facilitates automatic entry into your general ledger system. Also, all the detailed data is available any time you need it to aid in the reconciliation and audit of your entries.

Complete financial statement disclosures. Manually preparing multiple investment disclosures for your financial statements is a cumbersome process. With investment accounting software¸ you get a comprehensive set of investment disclosures that are available at the click of a button.

By design, investment accounting software is multi-basis. The system is able to easily handle portfolios of various complexity. Whether you only need single basis accounting, like GAAP or IFRS, or you need to account for a global portfolio with various accounting bases, with investment accounting software, you are completely covered. And what’s more, the system is constantly evolving to incorporate new accounting rules and regulations.

pension fund management software

What is a Digital Asset Manager System?

If you take the literal translation of what a digital asset is, then in essence, it is any kind of media that has been converted onto an electronic format that has a value to a company. This, however, can result in a degree of confusion as a document asset manager system and records asset manager system are also used to store digital assets. It will also not surprise you to hear and read DMS and RMS supplies, even WCMS suppliers, all talking about how they give for digital asset management.

What are the types of asset manager systems used in organizations? While assets can be managed either as media catalogue or as an asset repository, there are various common uses of asset manager systems that can found in organizations:

Library Asset Management Systems. This is an asset manager system that focuses on storage and retrieval or large amounts of assets that are historical in nature and do not frequently change. This includes video footage of old news or events, or images stored because of their value as a snapshot.

Brand Asset Management Systems. This is a typical asset manager system that has a focus on encouraging the re-use of content in large organizations. Usual types of asset can be company’s logo or centrally controlled imagery.

Production Asset Management Systems. This is a typical asset manager system that focuses on storage, organization, workflow and revision control of frequently changing digital assets. Typical examples of this are assets used for marketing collateral, product catalogues and online web pages.

Digital Supply Chain Asset Management. This is a typical asset manager system where the assets managed are distributed to retailers either as an assistive or costed service. The assets tend to depend on the industry being supplied but could be images and video of a new phone to mobile phone stores.

investment reporting software

Investment Reporting Software for Mac Computer Users

When it comes to investment reporting software, Mac users have a wide range of options. But unlike their Windows-using counterparts, they have to know where to look. Walk into an office supply store, and you will likely find only the Quicken product line by Intuit, which works for many people, but not everyone. Try several different investment reporting software options to see which ones works best for you.

Quicken has been the market leader in investment reporting software for many users on both Mac and Windows platforms, and it continues to be an excellent implementation of checkbook-style financial style management. However, many people have difficulty managing a checkbook or engaging in the double-entry bookkeeping a checkbook requires. Other investment reporting software may give you a way of viewing your money and expenses which is more natural for you.

Checkbook-style budgeting is the kind most people are taught, but it is not only the kind that can be used. Envelope budgeting, for example, involves setting aside money in accounts which you separately track from your real bank accounts. A savings account may contain $3,000, but envelope budgeting may allocate these funds as $1,000 in actual savings, $1,000 for a future housing improvement, and $1,000 set aside in a vacation fund. Third-party Mac investment reporting software applications from independent developers are taking a variety of approaches to financial management and budgeting to the user interface which will make managing your money either a pleasure or a chore.

Consider what you need from your investment reporting software package. If you want to manually track your expenses, so you are forced to categorize everything you spend, you may prefer a hand-held solution to a Mac solution, or maybe a hand held solution that can be synchronized with more powerful Mac investment reporting software. If you prefer an automated system, choose an investment reporting software that downloads your bank transactions, or pick a bank that seamless works with your favorite software.


Learning the Basics of Investment Accounting

Investment accounting is a method of separating money and other resources into categories based on the source of funds and any restrictions on the use of those funds. Organizations use investment accounting to track money related to a specific purpose or project. Each fund is an independent accounting entity, where accounts are maintained to ensure that the funds are used for their intended purposes.

Government and non-profit organizations usually receive money that they are required to use in a specific way. Investment accounting is intended to ensure that any limitations and restrictions placed on the use of these funds are observed. The focus of investment accounting is this context is on accountability instead of profitability.

Investment accounting on government funds use 3 basic groups of funds.

  1. Governmental funds. These generally account for the acquisition, use and balances of expendable financial resources and related liabilities. Examples include permanent funds, capital projects fund, debt service funds, special revenue funds, and general funds.
  2. Proprietary funds. Generally, self-supporting funds, these are used for activities that resemble private sector business activities. It comes in two types: enterprise finds (for activities charging funds) and internal service funds (which are used to account for the provision of goods or services by one department or agency to another.
  3. Fiduciary funds. These are used to account for assets that a government unit holds in a trustee capacity. The 4 types of fiduciary funds include pension trust funds, investment trust funds, private purpose funds and agency funds.

Although investment accounting is most common in non-profit and governmental organizations, for-profit businesses may sometimes use a version of investment accounting for a particular purpose. For instance, a retail store might wish to track individual departments or locations, or a contactor might want to track projects.

asset management software

What Asset Management Software Qualifies for Fixed Assets?

Long term, tangible assets that are used to sustain business operations and activities and have value are known as fixed assets. Examples include land, equipment and facilities. Fixed assets reflect the proposition of these kinds of assets; they are fixed and do not need much attention as soon as they are bought. Companies depend on their assets to produce revenue. Fixed asset analysis also includes working out the potential earnings as well as the use of the fixed assets. The analysis will also look into whether fixed assets are properly maintained to ensure present and future tense. So what asset management software is best for the fixed assets of your company? Read on and find out.

Licensed Software as Fixed Asset

Although getting a license to use asset management software is intangible, the capital expenditure on licensed software qualifies for capital allowances just like machinery. In this aspect, licensed software is considered to be a fixed asset. When licensed asset management software is obtained in a rental, the rentals are deducted from profits over the life of the software. Depreciation is a top concept when analyzing fixed assets and the examination of depreciation aids in illustrating the useful life of assets. Licensed software is depreciated over time; this is one main feature of fixed assets.

Written-Off Software as Fixed Asset

When a business acquires asset management software and they are not allowed to write off the overall expenditure in the year of purchase, the software is considered to be a fixed asset and written off the depreciation each year as an expense. In this case, whether asset management software is treated as a fixed asset will highly depend on the tax system.

Integral Software as Fixed Asset

Computer software for a machine that is aided by a computer that cannot operate without the particular asset management software is an integrated component of the relevant hardware. Because of this, it is treated as property, equipment and plant. The same is applicable to the operating system of the computer. Therefore integral asset management software is considered a fixed asset.




Globalizing with Fund Management System

Funds management systems can refer to techniques used in the management of fund assets. When your business is dreary to take on the international market, efficiency and transparency is valued more than ever. This will rake in higher stakes, returns but it also means higher and more damaging risks taken. In truth, risks are inevitable in the world of finance and the focus should be on mitigating all possible risks rather than avoiding it altogether using tested fund management systems.

The fund manager must closely monitor cash outflow, varying costs, and the client’s risk tolerance while advocating the client’s goals. Harnessing the abilities of a funds management system can provide a turnaround allowing businesses to capitalize on the cash inflow opportunities. It also enables a financial institution to offer credit to clients.

Managing multiple accounts and ledgers can increase the chance of oversight. It is usually the minor details that are the usual culprits and yet they can greatly be to a portfolio’s advantage or otherwise. Fund management systems that can support multiple ledger accounts yet still have centralized capabilities are the best choices for expanding financial institutions, especially those entering the international market.

Most of the time, companies offering fund management systems create a system administrator which may or may not be maintained by the IT company. The system administrator with have master keys, also known as a Super User ID, for the Department of Finance or Project Management Unit. Relevant data will be confirmed and updated once the role is the chosen administrator confirms the account. More importantly, these privileges are given through a secure structure or network.

post trade processing

Simplified Post Trade Processing from Accenture and Broadridge

Societe Generale and Investment Banking is considering cutting off up to 30% of their post trade processing costs. In a statement, the bank said that this is their first client to adopt the post trade processing solution offered by Accenture and Broadridge Financial Solutions. With this business, it is hoped that the banks will get the help needed to operate in Asia-Pacific and Europe and reduce post trade processing costs, as well as adapt new regulations and technologies, easily enter new markets, and launch new projects. With savings on the line, this technology is expected to lead the next generation of upgrades in the industry of banking.

Today, we are seeing the global investment banking industry at the crossroads, with technological, market and regulatory pressures changing the business and bank economics to look into their current operating models. The technology of Broadridge mixed with the expertise of Accenture in capital markets behind this solution; we can see this solution being the standard of the industry when it comes to post trade processing.

For so long a time, Societe Generale and Accenture have had a relationship, agreeing on one common vision on what could be the future of investment banks through the mutualization of bank office activities and costs. Societe Generale is looked in the industry as a leader because of its approach in transforming its operating model. About 250 of its employees will go over to the new Accenture Post Trade Processing Company to take over the post trade administration.

Breaking things down, Broadridge and Accenture has launched together a post trade processing solution that offers so many benefits to banks in Asia-Pacific and Europe. These benefits include quick and efficient launch of new products and entering new markets, adaptation to new technology and regulations and reduction of post trade processing costs.

The technology behind these benefits is a standardized operating system. From a regulatory perspective, if a change is needed in post trade processing, you will only have to do it once on the common platform and all the clients will share the cost. This is the benefit of the utility structure. Broadridge and Accenture have created the solution that will also accommodate other technology to support various functions, like corporate actions processing and reconciliations.

corporate actions management

How do companies and businesses grow and monitor their corporate actions?

How do companies and businesses grow and monitor their corporate actions? Management of corporate actions is not just a process manually done by individuals of an organization. There is that certain software maybe be considered as one of the corporate actions management system that will greatly benefit the organization in so many ways. Choosing the best one will be the organization’s prerogative depending on what they need. The use of a software as a corporate actions management system has been a prominent feature to aid organizations so that they are able run effectively the various processes that needs to be performed.


Reduction of corporate investment and costs. The many functions of a corporate actions management system will help an organization lower the costs of getting some IT personnel perform certain tasks like getting real time updates or report generations since these processes can be automated and set up in a way that they need it to do so. This can also be integrated in their existing system. Also, once the organization knows exactly which corporate actions management system it needs, there are those that offer discounts. Bulk purchase discounts by purchasing all the software that it needs all at one time is very cost efficient.


Security of system software. Data breach is an issue that organizations face. There are those that take pride when they are able to hack into an organization’s operational platform or system. Thus, security of software purchased is a factor that organizations look into. This is where it comes as an investment or an asset to the company when they are able to choose corporate actions management system that is secured and give them confidence that no other organization can gain access to any information that they have stored in there. Aside from that, those that provided services for such a system can give them technical support if the system bugs down.


Downsized IT support. When an organization avails of an corporate actions management system, they are able to prevent unauthorized software from making its way into the organization as well.  It is expected that there should be fewer software issues which means that the organization can downsize their IT support team due to fewer IT support related issues. Maintenance of such a system is part of the package that the organization avails from those companies that offer such systems.









An Efficient Tool for Exceptional Managers

Organizational work is done separately, we sometimes forget the basic skills and approaches that can leveraged across the ventures. One such skill is portfolio management, the application of systematic tools for reducing risks and maximizing the return of investments.

Portfolio management is conventionally associated with financial strategies. You then manage the risk and return in the portfolio by adjusting the combination and value of investments, since it is given that all of them will ascend or drop to same degree at the same time. It is all about strengths, weaknesses, opportunities and threats in the choice of debt vs. equity, domestic vs. international, growth vs. safety, and many other encountered in the effort to maximize return at a given appetite for risk.

It is the manager, co-manager, or a team of managers who are responsible of making doing all of these works. Therefore, managers are expected to do this job spontaneously and efficient, financial portfolio management software will be a good tool to make it more achievable.

Financial portfolio management software –with features and different functions is made for advancement for your business. Providing you with up-to-date information, real-time execution of capabilities and minimum manual processing, it will give you the ability to simulate, analyze and execute investment strategies across portfolios, funds and mandates. With less precious time spent due to automation, your managers the edge for competition and more opportunities of growth.

This tool is especially designed for portfolio managers, across wide range of asset classes and instrument types. Financial portfolio management software aids on reducing you operational risk, allows efficient and timely generation of strategies and supports multiple investment processes, strategies and management task.

Financial portfolio management software has all the tools you needed to build that growth and these are some of the most common tools, including its basic function.

  • Strategy Builder: Set up strategies for cash-slow simulation and switching benchmark alignment when you want to enable one or more investment strategies.
  • Rebalancing: This tool allows you to realign investments expediently to desired portfolio limits, ensuring that investment strategies remain within client mandates and desired risk levels.
  • Multiple Portfolio View: This tool is tailored for the kind of organization where portfolio construction workflows and functionalities are applied simultaneously over multiple portfolios. You can create simulations and apply strategies whilst targeting group or position levels, offering new levels of rebalancing and modeling capabilities across different portfolios simultaneously.

The assurance of growth in your business depends on how it is managed –attaining its goal on the proper circulation of finances determines a quick return of investments and with the right tools in place, exceeding your targets is possible.

financial risk management

The Financial Services Risk Management Scheme

Relative to general risk management, financial services risk management requires intensive identification of sources, then measuring it, and formulating plans to address them. It is considered as the practice of creating economic value by using financial tools and instruments to manage exposure to risk, particularly credit risk and market risk. Financial services risk management can be qualitative and quantitative. As a specialization of risk management, financial services risk management focuses more on when and how to hedge using financial instruments to manage costly exposures to risk. A holistic approach enables the company to have a high level of awareness, as well as a uniformly assess, professionally manage and suitably control all of its risks. It is important to take control of risks to be able to sustain the competitive world of finance and investments.


This implies that finance managers likely have many opportunities to create value for shareholders and investors using financial services risk management. To determine which risks are cheaper for the firm to manage than the shareholders is considered the critical part. Market risks result in unique risks for the firms are the best candidates for financial services risk management. The concepts of financial services risk management gradually change in the international realm. Most of the corporations are facing a lot of obstacles to overcoming the challenges. The basis for the development of an optimal strategy and for taking the right entrepreneurial decisions lies on proper analysis of the financial services risk management.


When You Can Use the Management Scheme


You should take on the project when increases shareholder value. Finance theory shows that you cannot create value for shareholders, also called its investors, by taking on projects that shareholders could do for themselves at the same cost. When applied to financial services risk management, it simply shows that managers should not hedge risks that investors can acquire for themselves at the same cost. This notion was captured by the hedging irrelevance proposition; in a perfect market, the firm cannot create value by hedging a risk when the price of bearing that risk within the firm is the same as the bearing price outside of the firm. Hence, financial markets are not likely to be perfect markets.

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