HFSL selected the PFS-Paxus system in 2008 ahead of many others that were tested. The system provides fully integrated functionality normally found across multiple systems. It offers user definability, ease of data extraction and data uploads, and an ability to handle a broad range of asset classes, fee types and fund structures.
Key Features
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An integrated administration, transfer agency and accounting system
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Supports multi-series and fund-of-fund series consolidations
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Supports performance fee calculations, high water mark settings and equalisation computations
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Boasts a powerful securities module to account for the most complex investment instruments
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Sophisticated general ledger module allows multi-currency, individual partnership and consolidated accounting
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Push button valuations without the need for manual adjustments
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Master/Feeder price updates
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Extensive fee calculation capability
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Over 90 standard reports in a number of different formats
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Anti-money laundering monitoring
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Corporate Secretarial support functions
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Batch data upload facility prevents double keying and human error
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Document linking capabilities that enhance the compliance function
Please download a press article on the system here.
For more information on PFS-Paxus please visit their website on www.pacificfundsystems.com.