Administration and control of the participants’ operations

PAR: Overview

This application specialises in the operational administration and control of participants and shareholders of Investment Funds and SICAVS, Pension Funds, EPSV and Mutual Provident Societies.

PAR covers operations particular to this type of institutions including contributions and benefits of Pension Funds, subscriptions and reimbursements of Investment Funds (confirmed or as requests), whether of a periodic or sporadic nature, as well as receipts and file management.

PAR helps our clients in complying with all existing regulations concerning withholding calculations, both at the state and provincial (foral) level, and simplifies the management of the share lock-up period for participants upon pledging or for any other valid reason.

With a view to meeting the clients’ and market's demands, the application has been adapted to support the management and administration of OMNIBUS accounts and any related operation.

Main Features

• Accounts and Holder management under institution-specific criteria
• Incorporation of Subscription and Reimbursement requests.
• Inheritances, donations and separations.
• Automatic allocation upon closing.
• Periodic subscription plans.
• Complete transfer processing.
• Preparation of reports and simulations as per current regulations established by Regulatory Bodies.
• All information is exportable to EXCEL and other formats including PDF.
• Taxation adapted to participants resident in the State and in the different Provincial Councils.
• Tax simulation tools.
• Issuance of Collection and Payment files in CSB format 19 and 34.
• Cost breakdown as per MiFID II.
• Preparation of SNCE files.
• Automatic fee calculation.
• Link with the main distribution platforms including INVERSIS, AFB, TRESSIS and BME.
• Generation and issuance of documentation to be sent to participants.
• Allows integration with corporate web portals.
• Option of executing any process and/or query in a unassisted manner.