Back office
As the initial foundation of the 1st Generation of the FPM, Fundamental's back office offering is the strongest of the three. As such, it includes:
Cash management
Cash management console
Core
System core functionality (the transaction engine)
Custom fields
Custom fields functionality, allowing users to add their own custom forms
Life Fund Pricing
Pricing of life funds
Reconciliations
Scrip and cash transaction reconciliations
Segregated priced funds
Unitisation and pricing of funds based on underlying held segregated portfolios
Unit Trust Pricing
Pricing of money market and market value unit trusts
The corporate events module allows for the capture, preview and processing of corporate
actions. The module includes the exercising of options and caters for the processing of bulk
transactions against existing holdings.
A formula builder has been added to FPM in version 3 allowing for the creation of
mathematical expressions. These expressions allow users to define fee rules and unit trust
price formulas within the system.
The Portfolio Manager screen is the central area for the setup and maintenance of portfolios.
This module includes a breakdown of the portfolio structure and displays associated holdings,
transactions and cash records.
Fund Pricing (Unit Trust or Life) is one of modules that are managed using the Process
Manager function on FPM. The process manager allows for the linking of specific tasks
that can initiated via the UI or scheduled to run at a specified time. A status report
is associated per task allowing users to track results. The process can be reversed and
re run to accommodate changes.