Praisindo Investment Management Solution consist of 2 (two) sub-system namely: Sistem Informasi Nasabah Reksa Dana (SIAR)/ Unit Registry dan Sistem Informasi Administrasi Portfolio (SIAP)/Portfolio Management System and Fund Accounting. Both systems can be implemented separately or integrated into one complete investment management suite.
Sistem Informasi Administrasi Nasabah Reksa Dana (SIAR)/Unit Registry
SIAR is an acronym of Sistem Informasi Administrasi Nasabah Reksadana. It is an Unit Registry Module of Praisindo complete investment management system suite.
Wholesale or retail registry for unitised investment funds can be easily managed through SIAR. The Unit Registry & Unit Pricing modules can be implemented as a free-standing application, or integrated with the SIAP (Portfolio Management System & Fund Accounting software application), which creates and manages portfolios of investments. A fully integrated configuration is one in which SIAP investment side of the system establishes portfolios of assets, and SIAR (the Unit Registry & Pricing) modules establish one or more layers of unitised funds based on the ownership of portfolios. The integrated nature of SIAP and SIAR ensures no reconciliation issues between the asset and registry sides of the client's business.
The Unit Registry module comprises the following:
- Processing applications to buy units, redemptions and transfers of units between funds.
- Maintenance of the unit holders' register.
- Recording distributions of income to unit holders.
- Managing reinvestment plans, savings plans, and regular income plans on behalf of unit holders.
- Tracking the investments by unit holders in multiple funds.
- Calculation and reporting of fees and commissions.
- Client reporting and inquiry.
- Automatic cheque and/or EFT generation for distributions and redemptions.
- Complex fee calculation
- Scaleable reporting features
- Product innovation allowing for complex funds such as partly paid unit trusts
Sistem Informasi Administrasi Portofolio (SIAP)/Portfolio Management System & Fund Accounting
SIAP is a state of the art, multi-currency portfolio management system comprising trade capture, position keeping, pricing valuation and accounting function s together with sophisicated reporting and multi-dimensional analysis.
SIAP is truly very effective transaction processing and investment accounting solution. SIAP is an integrated back and middle office solution which provides back, office, risk management, and accounting functions for all markets. It support different types of investment instrument and products on a single system i.e. Equity, Fixed Income, Money Market, Foreign Exchange, Mutual Fund, Principal Investment, Repurchase Agreement (REPO) and Off-Market transaction . It supports also multi-currency transaction.
SIAP provides banks and brokers with the administrative management tools that they need for financial deals, from deal capture and validation workflow to confirmation processes and accounting generation.
SIAP provides a high level of flexibility in the parameter settings, so the software matches your requirements
SIAP's real-time, robust portfolio management and investment accounting system, provides complete front-to-back office functionality that offers unprecedented control over the information needed to manage your business operations and respond to your customers' needs. Powerful, integrated, and efficient, the SIAP portfolio management solution automates investment management functions, including:
- investment accounting
- portfolio management
- post-trade compliance reporting
- security-level attribution
- reconciliation and settlement
- performance measurement /analysis
- integrated client reporting
Features Overview
SIAP automates all aspects of investment operations, including transaction processing, mark-to-market valuation, reconciliation and trade settlement, performance measurement and analysis, and investment accounting. Combining extensive portfolio management, investment operations, and accounting functionality in a single, multi-threaded, desktop application, SIAP allows information to be controlled and dynamically organized according to user preferences.
SIAP promotes flexibility in real-time, user-friendly, fast, and interactive workflow collaboration, query processing, verification, and accounting. SIAP delivers on what others have only promised by offering true 24 by 7 availability.
There is no system downtime in SIAP, because all data is updated in real time. There are no time-consuming, operator-intensive, batch procedures that need to be executed, so the system is available when you need it-24 hours a day, seven days a week, 365 days a year.
Easy implementation, Conversion and Use
SIAP's advanced architecture makes system implementation, system use, and daily workflow simple.
- As a full turnkey service provider, Praisindo manages the implementation process from needs assessments through hardware and software installation, data migration, and user training.
- SIAP's user-customizable graphical user interface promotes a user-friendly environment. Menu-driven, blotter-based screens provide real-time data access, so users' screens are immediately updated as data changes occur.
- SIAP's integrated messaging utility enables users to communicate and share data-without leaving the SIAP application. Users can exchange real-time messages with attached investment data for review, analysis, processing, and reporting.
Accounting and Cash Management
SIAP is a complete investment accounting system with core features that:
- generate journal entries
- export journal entries to GL packages
- maintain separate ledgers for automatic, real-time cash activity and balance tracking
- automatically update each fund's cash ledger with the net settlement value of the transaction activity
- apply incidental cash activity directly to the cash account to provide a complete, directly reconcilable cash ledger
With SIAP Parallel Cash Accounting features, you can:
- view cash balances for each fund/account
- view cash availability online
- create related reports
Investment Information Drilldown
SIAP's Position Locator quickly accesses investment position exposure across any segment of portfolio holdings. The Position Locator:
- allows users to quickly display position information
- provides transaction drilldown and position-specific updates
- uses 16 search fields for compound searching of current and historical positions
- displays position pricing information, corporate actions, transaction history, security master data, and other information
- asdasd
Other features include:
" Elegant graphical user interface
" Multi-currency
" Flexible reporting incorporating industry leading reporting tools
" Provides interface to external general ledger
" Fast deployment to get you up and running at minimal cost
" Ability to download market price from Jakarta Stock Exchange and Bonds price from KSEI
" Connects to other systems
How Praisindo Investment Management Solution will benefit your organization:
" Eliminates work, saves time, reduces errors
" Focus on adding value, not administration
" Cuts administration costs
" Provides an integrated, secure system
" Scaleable, will grow with your business
" Improves decision making
" Automates manual processes
" Promotes STP throughout your organisation
" Provides a comprehensive audit trail