Moorgate

As your linked investment business continues to grow and expand across various products and fund managers, the need to automate and streamline the reconciliation process, whilst controlling risks and costs, becomes even more critical.

Moorgate automates the unitized investment reconciliation process and provides tools to assist the reconciliation of outstanding items.

Moorgate is the new version of Twenty57’s real-world-proven unit reconciliation product, which provides efficient asset versus liability reconciliation.

How Moorgate Solves It

Transaction reconciliation and exception handling are addressed in a structured, innovative and automated fashion. Focus is drawn to exception items, so that they can be managed more quickly and efficiently. Scalability in your business is enhanced by growing to include all client offerings, and varied task automation.

The LISP’s transaction history is imported. The fund manager transaction statements are automatically imported or captured, subject to static data and balance verification checks. Automated matching rules are run against unmatched transactions. One-to-one, one-to-many and many-to-many matching are supported. Manual matching allows users to identify and follow-up exceptions. Reconciliations are performed at a detailed Investment Account level.

The transaction and holding reconciliation positions are detailed in various reports. Price data imports allow for valuation reporting, fund allocation reporting, rebate calculation and invoicing.

Business Benefits

Transaction unit reconciliations are done faster and automatically. Exceptions and errors are identified and resolved pro-actively. The checking and verification of data and matching against business rules provides for an accurate view of the business. This enables better management of investment assets, versus liability exposure to risk.

Top reasons to use Moorgate:

• Automated matching of transactions

• Highlights incorrect market transactions immediately

• Manages reconciliation exceptions

• Reconciles unit balances

• Provides a full view of assets versus liability

• Integrated extensible reporting

• Initiates and manages market actions

• Pro-active risk management

• Provides a market Unit Register

Features

• Dashboard prioritizes accounts which need attention.

• Current investment account breadcrumb – account selection made easy.

• Manage outstanding transaction reconciliation down to 48 hours.

• Manual maintenance and automatic update of fund managers, funds, product companies and products.

• Automated upload of fund manager transaction statements.

• Manual capture of low volume fund manager transaction statements.

• Configurable reconciliation rules for automated transaction matching.

• One-to-one, one-to-many and many-to-many matching.

• Manual reconciliation and management of unmatched transactions.

• Reconciliation balancing entries for investment accounts with a match variance – resulting in total balanced control.

• Tagging of transactions for association and follow-up.

• Market action initiation and instruction management.

• Extensible reporting reflects reconciliation progress and positions.

• Market valuation reporting.

• FinSwitch integration – fund manager confirmations and prices.

• Unit Register of the market and internal transactions and balances.