Proposal Summary

1
Integrated Management For All Types of Investment
Overview Implementation Features
2
Overview
ASSET is designed to function as a straight
through processing system, integrating
dealing/execution, risk management, operations
and settlements functions. The system contains
stringent internal controls to comply with the
rapidly changing modern environment, with strong
emphasis placed on monitoring of limits, audit
trails and compliance. The system is built upon
a client portfolio, which is initially created by
defining a client profile. Client funds are then
created and attached to the client portfolio.
Each client fund represents a separate investment
strategy and may be one of the following types
Asset Management, Fund Management or pure Fund of
Funds Management. ASSET makes a focal point
of the client portfolio, with administration,
investment and management of the underlying
assets (funds) being overviewed from a single
screen. Decision support systems for fund
managers are contained in a comprehensive
Management Information system. The system will
auto generate all required accounting entries and
post them in the accounting module provided with
the system. For security and compliance ASSET
is equipped with a detailed security system
capable of providing access to users at button
level in a particular screen, and a full audit
trail of each users session is recorded.
3
ASSET Modules
Fund of Funds
Discretionary
Traditional Investment Funds
Fund of Hedge Funds
Non-discretionary
Hedge Funds
Wealth Management
4
Workflow Schematic
START

• Reuter Updates
• Position Revaluation
• Confirmations
• Client Contract Notes
• FSA reporting
• Events Diary

Front Office

• User, Date, Time, Type, medium, See Exceptions
  and check deposit balance of the customer

Save
REQUISITION

• Group or single Trades
• Client online Position Monitoring
• Exception Reporting
• Bonds, Equities, Options, CCDs
• Order Type / Terms, Commissions
• User, Date, Time

Front Office
Save
ORDER
RISK MANAGEMENT
(ONLINE)

• Partial Executions (Qty, Price, Val Dt)
• Value Date Stamping
• User, Date, Time, Type

Front Office
EXECUTION
Save Execute
Front Office
VERIFICATION (User, Date, Time) AUTHORISATION
(User, Date, Time)
VERIFICATION

• GROUP / CLIENT / FUND
• Blocked Securities
• Position Management
• Exceptions
• Audit Trails
• Profit and Loss
• Commissions Management

• Client Contract Notes
• Counterparty Confirmations
• Custodian Portfolio maintenance
• Client Profit and Loss
• Customer Portfolio Updates

AUTHORISATION

• Funds Transfer Instructions
• Auto Accounting Entries Generation

SETTLEMENT

• Events Diary / Maturity Profile Update
• Revaluation
• Data Uploads

DAY END
5
Implementation

• Our Approach
• We employ a team based approach in order to focus
  or experience and expertise where it will be most
  effective. Our business process managers (BPMs)
  along with our software engineers will be
  deployed at your location to interface at
  appropriate levels with your internal
  implementation team.
• Our BPMs will initiate regular dialogue with key
  decision makers and user groups to analyse and
  engineer business processes and decision support
  systems.
• Experience has shown that the combination of
  team-based project management working toward
  agreed milestones optimises the successful
  completion and ultimately achieves Client
  satisfaction.
• Organizational Structure Analysis
• Organization structure analysis is conducted to
  evaluate the segregation of duties inherent
  amongst the relevant departments with emphasis on
  physical locations and employee tasks.
• Business Process and Gap Analysis (BPGA)
• Business process and gap analysis helps to
  identify an organisations current business
  processes, needs and requirements in relation to
  the functions and features of the ASSET system.
  Business process reviews assess where and how
  existing processes can be adapted, improved and
  integrated to the ASSET workflow. Gap Analysis
  then analyses the systems functions and
  components in relation to the identified or
  proposed business processes. A thorough gap
  analysis will help in achieving overall business
  transformation, provide management focus upon
  strategy alignments, redesigning processes, and
  user training.
• Decision Support Strategies (DSS)
• Decision support strategies are accomplished by
  configuring or designing and developing a range
  of tools that help managers make timely decisions
  supported by the most relevant and updated
  information. ASSET is equipped with all the
  common DSS reports and alerts, which will be
  provided at the management level.

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Implementation (continued 2 of 3)
Data Analysis Modeling Sample data is acquired
from all the relevant departments who will
interact or impact on the investment process, to
asses the need for customisation or reengineering
of the system or its reporting standards. Interfa
cing Analysis Interfacing analysis is conducted
to see where ASSET will send or receive
electronic data e.g SWIFT, Financial Systems,
Reuters, Bloombergs, Exshare, Custodian Banks,
Pertrac ..etc... Infrastructure Analysis The
infrastructure analysis will help to highlight
the type and the extent of network needed to
facilitate the MIS needs. It will also provide a
roadmap detailing hardware upgrade requirements
and what additional hardware will need to be
acquired to to successfully deploy and implement
the system for the specified number of
users. Static and Meta-Data Analysis An analysis
of global parameters and one time setups of
static data for the organisation, trading
partners and investment devices needs to be
undertaken so that data can be entered to allow
the system to execute accurately. Identification
of Funds and Portfolios An analysis needs to be
undertaken to identify the individual funds and
portfolios that are required to be loaded in the
system. Fund mandates and investment strategies
need to be described and the construction of the
portfolio needs to be identified. If the funds
and/or portfolios already exist and are managed
within some other system or methodology then the
extend of the fund history to be transferred into
the system needs to be decided, along with the
valuation point to use as an opening position in
the new system. Finally, the analysts need to
create a plan for how the new system is to be
reconciled against the old in order to validate
and accept the migration process.
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Implementation (continued 3 of 3)
Data Migration The first step of the migration
process is to create and define the Client
Portfolios, along with all the static data
relating to those Portfolios. Then the Client
Funds need to be created and defined, including
the investment strategies and then all the static
data related to the fund. An opening position
needs to be calculated and entered into ASSET .
The last step is to transfer all transactions
related to the funds, including purchases,
sales, subscriptions, redemptions and all sundry
transactions related to, corporate actions,
interest paid and received, taxation,
revaluations and other actuarial or accounting
adjustments. Once the Migration is completed, a
reconciliation must be complete to confirm that
the current NAVs, PLs and balance sheets
reconcile with the actual fund position.
Parallel Run and User Acceptance Testing Once
all of the preceding steps have been undertaken,
and the funds and portfolios have been
successfully migrated, the Client needs to run a
series of tests to accept the system. Where the
portfolios represent a number of funds, or a
complex inter-fund structure, a parallel run may
be used to compare functionality and outputs.
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ASSET Features
INTEGRATED MODEL
GROUP/ PARENT
CLIENT / FUND
STRATEGY
MULTI CURRENCY PORTFOLIO
CLIENT / FUND
Research
Document Check Lists
Customer Instructions Recording
Profile Management
Customer Portfolio Management
VERIFICATIONS
INSTRUMENTS
Securities Data Warehouse
Options / Futures
Units / Commodities/ Precious Metals
FX / CCDs
Shares / Bonds
Fund Managers
AUTHORISATION
FRONT OFFICE
USER STAMPING
Executions (Partial /Full)
Portfolio Mgt.
Cash Flows
Order (Market / Limit)
Client Management
TIME STAMPING
RISK MGT (Online)
Revaluations Reuters
Client Position Blocking
Trend Analysis
Client Positions
Portfolio Analysis
AUDIT TRAILS
BACK OFFICE
Automated Deal Ticket Management
Cash flow Accounts Updates
Counterparty Confirmations
Securities Portfolio by Custodian
Verify / Authorise
Customer/ Broker Settlements
MIS
Events Diary
FUNDS Transfer Forms
FSA and Client Reporting
Portfolio Updates
Client Portfolios And Registers
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End of Presentation