Transfer Agency Services have traditionally been overlooked and have been given less importance, compared to other services like Fund Administration. This perception is changing as the market begins to recognize the importance of Transfer Agents in supporting the overall distribution strategies of asset managers and delivering customer services to fund investors. Asset Management firms are realizing that transfer agents play a key role in improving overall investor experience, thereby enhancing the firm's brand value and reputation.

OneMARKET's Transfer Agency module is an integrated front-, mid- and back-office system with the capability to support multiple Asset Management Companies (AMCs). It is an end-to-end, browser-based transaction processing solution with imaging and workflow technology for processing trades for Mutual Fund Houses.

Transfer Agency

Salient Features of the Transfer Agency module:

  • Sophisticated front-office module for online Transaction entry with scanning and imaging capability
  • Reduces Operational Cost by supporting complex Fund and Fee structures, Hierarchical Agency and Commission Structures
  • Compliance – OFAC / World Check and FATCA
  • Special Products Supported (Systematic Investment Plan with multiple frequency, Systematic withdrawal on capital appreciation, Systematic switches between funds, Event based switch)
  • Hierarchical Agency and Commission setup
    • Upfront Trailer commission incentives based on target application and amount
    • Over-riding commission for reporting managers
    • Multi-level commission rate setup and linear hierarchy setup for agents
  • Flexible multi-level Entry / Exit Fee Structure
  • Supports Private Equity Fund
  • Capability for EPF and Private Retirement Scheme funds
  • SWIFT compliant redemption payout