Powerful Accounting Engine

In today’s competitive, client-driven investment environment, new products are introduced frequently. Investment accounting software must be flexible enough to easily accommodate changes and chalenges.  The portfolio management opertations are integral and should have immediate access to the accounting information.

Flexible Accounting:

IMS provides a complete and accurate accounting of all activity in one integrated portfolio accounting and management system. That accounting and management is consistent across the enterprise because a single database serves as a centralized repository. Multple amortization and accrual methods are maintained along with flexible accounting calendar options.  The investment accounting system automatically projects all cash flows and valuations.  The integrated investment management system provides benchmarking, compliance, yield curve and scenario analysis that keeps portfolio management decisions inline with intended objectives. The audit tracking system can keep track of all changes to ensure reliable accounting. With IMS users can look backward to review detailed historic activity on portfolios, positions, trades, etc., back to the day an asset was introduced into a portfolio. Accounting, portfolio management, and reporting functions are closely linked in a real-time environment; reports immediately reflect the effects of a transaction.

Additional Accounting Capabilities:

• A broad selection of trades and adjustments.
• Support for side-by-side trade date and settlement date accounting.
• Receiving, accruing, and booking receivables.
• Costing (LIFO, FIFO, Weighted Average, Tax Lots).
• Recognized and unrecognized income and gains.
• Report gross and/or net payable accruals on the income statement or balance sheet.
• PSA prepayment projections for mortgage backed securities.
• Flexible pass-through methods from underlying portfolios.
• Track interest rate swaps separately, or net, on a daily basis.
• Real time liquidity analysis.

Strong Accounting and Audit Controls:

• Reconcile daily activity with your custodians or other parties.
• Built in detailed audit trails track changes.
• User rights dictate who can alter historical instrument and transaction activity.