iPM Back Office is a multi-instrument, multi-currency portfolio accounting system. It maintains transaction archives, capital changes, dividends, pricing and all other back-office portfolio maintenance functions. The system also has an extensive array of back-office tools such as automated reconciliation capabilities.
iPM Back Office contains hundreds of standard reports that cover such areas as client statements, portfolio holdings, historical transactions, portfolio analysis, performance & attribution. Performance and reporting capabilities provided full GIPS compliance. All of this functionality is standard as part of a complete reporting package. In addition, INDATA also offers an optional Client Web Reporting Portal that provides for client statement reporting via the Internet.
The system also eliminates delays in report production and provides automated report scheduling capabilities, allowing users to build and maintain their own client statements based on available reports. Users can also generate their own customized client reports using Microsoft SQL Server Reporting Services that integrate color, text and graphics, which can be added to the system’s report library. This flexible, Internet-enabled client reporting package allows users to automatically e-mail, fax or post reports directly to the web.
Moreover, APEX, which stands for Attribution and Performance Examiner, provides users with the unique ability to evaluate the performance of portfolios, asset classes, sectors, industries, analyst classifications and securities for any time period based on time-weighted rates of return. It also provides complete, transaction-based attribution against any benchmark, for any time period as well as composite tracking and maintenance per GIPS standards.
iPM Back Office also provides a multi-tiered billing structure that uses daily and month-end market values for accounts and account groups. The system allows users to generate customizable fee structures and to produce customized invoices as well as track all payment and historical billing information.