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Back Office Strategic Product RoadmapLuxembourg
8th of July 2016 Co
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2
Accounting
Fees and Income
Investor and Fund Management
Portfolio Management
Payments interface
Reporting
Other Items
3
Accounting
4
Accounting
Consolidation
Targeted release v11.0 and 11.1
Amalgamation
Subsidiary accounting with MI calcs
Joint Venture accounting
NAV based Joint Venture Equity accounting
Ownership changes
Translating financial results into a consolidation currency
5
Accounting
NAV enhancements
Targeted release v11, 11.1 and 12.0
NAV for multiple share types – LP structures
NAV per share – LUX structures
NAV per investor per share
Calculation from NAV for performance accruals
6
Accounting
Period 13
Targeted release v11.0 and12.0
Manage post close adjustments which are made in the prior period
Manage post close adjustments in current period
7
Fees and Income
8
Fees and Income
External invoice processing
Targeted release v11.1
Dedicated screens to track all operational expenditure invoices received
Dedicated screens for interentity expenditure
Simplified entry of new invoices
Invoice apportionments
Payments by different entities to those expensing
Recharging invoices
9
Fees and Income
Internally calculated fees
Targeted release v11.1
Calculation bases which can be determined by a SuperUser
To allow for calculation of fees such as management fees and performance
fees
10
Fees and Income
Invoice creation enhancement
Targeted release v11.1
Streamlined invoice creation process post calculation of an internal fee
New invoice creation process for recharging amounts between entities
Emailing invoices created directly from FrontInvest
11
Investor and Fund Management
12
Investor and Fund Management
Enhancements to notices
Targeted release v11.1
Support FrontExcel report distribution through notices
Enhance performance of FrontReports report distribution through notices
13
Investor and Fund Management
REITS/Unit Trusts
Targeted release v11.1,12.0
Track investor commitments across multiple tiers
Queuing
Equalization across share classes
Performance based equalization fee calcs
14
Portfolio Management
15
Portfolio Management
Valuations
Targeted release v11 and11.1
Enhance the valuation run
New Asset Class
Targeted release v11 and 11.1
Traded debt
Enhancements to frontloan from efficiency perspective
16
Portfolio Management
Real Estate
Targeted release v11.2, 12.0,12.1
Enhanced asset types to support full RE portfolio
Support for joint venture investments – including due diligence, terms, fees
and structure
Tax attributes for investments
Valuation roll ups
17
Payments Interface
18
Payments Interface
Swift
Targeted release v11.1, 12.0
Swift interface from bank operations
Workflow on settlements
4 eyes validation on bank account information
19
Reports
20
Reports
Additional reports to complement the suite (READY)
Targeted release v11.0,11.1,12.0
ILPA based reports – increase suite
– Distribution template
– ILPA fee template
Common Reporting Standards (enhancement to compliance tool)
AIFMD
Support of the DataWarehouse
21
Other items
22
Other Items
Enhancement to compliance tool
Targeted release v11.0
Common Reporting Standards
Waterfall models
Targeted release v11.1, v12.0
Improved calculation of waterfall models
Capturing waterfall models with Joint Ventures (typical RE structures)
Performance improvements
Targeted release v11.1
Accounting improvements
Thank you
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