Explore More
|
Functionality
MFact is a functionally robust system designed to facilitate processing in a controlled manner with a full audit trail, complemented by comprehensive system security. All system functionality is available in the core system, allowing users to choose the specific functionality of value to their operation.
- Fully integrated, real-time general ledger
- Full support for multi-currency and foreign exchange accounting including fully automated foreign cash processing and withholding tax module
- Readily available financial and regulatory reporting, for both current and historical periods
- Support for a wide range of security types, including complex derivatives
- Multiple classes of shares, including multi-currency classes and equalization
- Full support for processing long and short portfolio positions, including the ability to hold simultaneous long and short positions in the same security
- Tracks multiple investment advisors or multiple custodian banks
- Powerful integrated rules-based security price cleansing and comparison module
- Wide range of compliance and tax reporting and computation capabilities, including withholding taxes and SEC reporting
- Flexible reporting features and state-of-the-art Web reporting capabilities
- Full range of user-definable interfacing capabilities to all relevant third parties including pricing vendors, custodians, investment managers, brokers, clearing systems, data vendors, transfer agents and partnership accounting
- Comprehensive data extract capabilities, with all reports and inquiries available as an XML or MS Excel extract