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