Accounting and Financial Software
Software helps manage all kinds of fund structures.
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Press Release Summary:
Based on J2EE platform and XML user interface, FLEXCUBE® Investor Services helps fund management companies, transfer agency service providers, and fund distributors design products and offer investor services to their clients. It automates investment fund company's transaction processing, registry, transfer agency, and fund distribution functions. Product supports message formats such as SWIFTNet 4.0 and ISO 20022 for optimized STP between participants.
Original Press Release:
i-flex Announces a New Release of FLEXCUBE Investor Services
Supports SWIFTNet Funds 4.0 for Fund Management Companies, Transfer Agency Service Providers and Fund Distributors
BOSTON, Oct. 3 /- i-flex(R) solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of technology solutions to the global financial services industry, announced the availability of a new version of FLEXCUBE(R) Investor Services based on a J2EE platform and an enhanced user interface (UI). Its integration with Oracle BPEL Process Manager for process orchestration allows customers to standardize, transform and optimize their business processes. FLEXCUBE Investor Services has been deployed in 24 countries including Singapore, Hong Kong, Qatar, South Africa, Ireland, Luxembourg, Bermuda, Trinidad & Tobago, Germany, Switzerland and Japan. Among the customers who use FLEXCUBE Investor Services are HSBC and South Africa's Old Mutual Investment Administrators (OMIA).
FLEXCUBE Investor Services helps fund management companies, transfer agency service providers and fund distributors design innovative products and offer efficient investor services to their clients. It automates an investment fund company's transaction processing, registry, transfer agency and fund distribution functions.
It supports:
- Fund Management companies for in-house fund administration
- Transfer Agency and Registry Service Providers for fund companies and fund distributors
- Distributors of Mutual Funds (third party funds service providers)
- Pension/retirement fund administrators (Unit linked investments)
- SWIFTNet Funds 4.0 including ISO 20022 messages.
"The new release of FLEXCUBE Investor Services gives fund administrators and Transfer Agents the ability to measure and strengthen their processes. In addition, it future-proofs their technology investments by the use of Oracle Fusion Middleware, an industry standard J2EE platform, together with a new user interface. The support for SWIFTNet enables faster and better adoption of STP (straight through processing) between the various participants in the funds business," says Joseph John, Executive Vice President, Banking Products Division, i-flex solutions.
The product uses open standards, making interface with other applications simpler. A new XML-based UI allows screens to be easily modified and enables a quick change in UI style sheets and layouts. With support for multilingual screens, users can seamlessly switch languages to meet the needs of their customers and assure better customer service. Customers can leverage the web services available in FLEXCUBE Investor Services, for simplifying integration and easy orchestration of business processes via industry standard BPEL (business process execution language).
About FLEXCUBE Investor Services
FLEXCUBE Investor Services, i-flex's mutual funds transfer agency solution, helps fund administrators design innovative products and offer efficient investor services to its customers. It supports management of entities like agents, brokers, clearing agents, trustees, custodians and registrars and provides end to-end functionality for a transfer agent through fund configuration, shareholder servicing and accounting, dividend processing and reporting. It can help manage all kinds of fund structures including open ended, closed ended, index, equity, bond and money market funds and allows them to offer their customers anywhere, anytime transactions. The product supports message formats such as SWIFTNet 4.0 and ISO 20022 for enhanced STP between participants.
About i-flex solutions
i-flex(R) solutions (Reuters: IFLX.BO and IFLX.NS), majority owned by Oracle, is a world leader in providing IT solutions to the financial services industry, with more than 765 customers in over 130 countries. Its range of applications software, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk.
Together, Oracle and i-flex solutions offer financial services institutions the world's most comprehensive banking applications and technology footprint to address the most complex IT and business requirements.
i-flex and FLEXCUBE are registered trademarks of i-flex solutions. Reveleus, Daybreak, Mantas, PrimeSourcing, i-flex Consulting and iPFB are trademarks of i-flex solutions and are registered in several countries. All other company and product names are trademarks of the respective companies with which they are associated.
For more information, please visit: www.iflexsolutions.com
CONTACT: Sunil Robert of i-flex solutions, +1-646-619-5482, Mobile, +1-646-642-3690, Sunil.robert@iflexsolutions.com
