Delta Data has introduced an online calendar tool to allow banks, record keepers, broker dealers, insurance firms, and economic experts in the pooled investment fund industry, to control the whopping intermittent https://www.deltadata.com/distribution-services/ events in the holiday season, as well as those appointed for all of those other year. The Delta Data Dividend Calendar is available now, at a 10% discount through the month of December. Delta Data is a respected provider of software and data management solutions for the pooled investment fund industry, including dividend processing software and dividend distribution data.
Deltadata.com’s All-encompassing total annual calendar tracks every fund’s payout and permits exact income processing for trust companies, recordkeepers, and broker dealers. The calendar alerts users to payouts in advance by projecting forward all dividend events over the next 13 months. This enables users to comprehend which securities will receive what forms of dividends and on which days. This also allows back office teams that deal with high volumes to load balance their processing team by illustrating how many projected events will be processed every night. Missing a dividend can have catastrophic financial consequences in today’s omnibus trading environments, in addition to reputational risk when the client statements and reporting require reworking once missed dividends are incorporated.
See all total annual security events in an easy to get at online calendar format
View daily, weekly and regular payouts by fund complex, dividend type or for a specific security
View daily exclusions and obtain alerts when expected dividends have yet to be received with a certain period or the expected dividend type differed from that obtained.
Positive notification of dividend expectations
Dividend rate data also designed for an additional fee
Dividend payouts can quickly snowball, setting up a perfect storm of events that produce employee time allocation difficult, especially during the holiday seasons. We developed this tool to provide all financial institutions facing this annual challenge with the ability to get prior to the payments and more effectively manage personnel, minimize mistakes manufactured in haste and serve customers in a timely manner around the numerous total annual payouts, says Delta Data CEO Whitfield Athey.
Delta Data provides the back-conclude oversight solutions the fact that companies in the put investment fund market use to process vast amounts of dollars of transactions and keep on top of their data. With companies in this industry facing constant differ from regulatory, technology, industry, and even internal sources, Delta Data helps them start to see the change through advisory services, get before it with SaaS and installed software solutions, and stay on course without introducing new risks to their systems. That will why many of the biggest names in financial services rely on Delta Data to help them stay ahead of the change. For more information, explore www.deltadata.com