HiTrust

The challenges of a complex and demanding environment

Competition in the funds management marketplace is increasing and the ability for fund managers to quickly and efficiently introduce new products and enter new markets is critical to growth and success. Pressure from investors is also increasing. They are increasingly well-informed due to alternative access to investment market data available over the internet. Consequently, they expect to be kept informed continually with even higher quality and relevant information from a service provider that they pay for – indirectly or directly. In an uncertain investment world recently rocked by investment failures and mistrust, both investor demands and regulatory change creates extra pressure requiring more effort in administration and compliance to manage investments. Without effective systems in place, wholesale and retail fund managers can expect increasing costs as they grow their business.

The ideal solution that most fund managers seek is a unit registry solution that will bear the load of running efficient and secure custodian and registry operations so that fund managers can focus on what they do best – creating wealth for their clients – while letting the operational areas of their business perform consistently in a reliable and effective manner. DST Global Solutions’ HiTrust offers the answer.

A proven Unit Registry Management solution

With more than a decade of development behind it, the HiTrust suite offers a unit registry and mutual fund management solution that is proven to be robust, compliant, flexible and scalable.

HiTrust is a comprehensive unit registry solution, suitable for both the wholesale and retail markets. With clients in Australia, Asia, the Middle East and Africa, HiTrust is an international solution, with multi-lingual and multi-currency support built-in.

HiTrust clients have confidence in the support and backing of DST Global Solutions, one of the world’s largest suppliers of software and services to the finance industry.

Features of the HiTrust solution

Comprehensive Trade Cycle Management - the HiTrust solution provides comprehensive trade-cycle management for transactions against the Funds.  Any transactions executed in, for example, subscriptions, redemptions, switches, transfers or re-investment, are processed through a number of stages, such as “Ordered”, “Priced”, “Settled” or “Registered”.  Rules can be set to define which stages are valid for a given transaction type, what events can move a transaction from one stage to the next and whether those movements can be automatic or manual.

Adviser and Investor Web Portals – investors can view their portfolios, transactions and associated statements in a self-service online portal.  Through the self-service web portal, Advisers can also review their commissions, and review the performance of the portfolios under their management.

Multi-Lingual – HiTrust can be configured to suit the needs of clients from any region globally.

Single Client, Multiple Portfolios – any client, be they an individual investor, trustee or company entity, can have multiple portfolios, and each of these can be made up of one or more Funds.  Additionally, user types such as trustees, can also share portfolios with other users. Updating the details of a Client centrally allows those updates to flow through to all the portfolios they hold, eliminating the duplication of work and reducing error rates.

Single Fund, Multiple Unit Classes and Fee Structures – an individual fund can have multiple unit classes, each supporting a different fee structure.

Agents and Adviser Management – the management of third-party agents and advisers is fully automated.  Commissions, both trading and trailing, are calculated for the portfolios under the agent’s management.  Commission payment and preparation of statements is also automated.

Easy Integration to Other Systems – HiTrust’s Open Integration Module (OI) allows for ready integration to other client systems, while retaining HiTrust’s necessary enforcement of information validity, security and auditing.

Regular Savings and Withdrawal Plans – the solution supports investor’s regular deposit and withdrawal of funds, through linking direct-debit integration with automated periodic subscriptions and redemptions.

Powerful Reporting Engine – The solution provides a powerful reporting engine for the generation of regular reports, periodic investor statements and ad-hoc queries.  Reports can be generated manually, can be scheduled (such as end-of-year statements), or can be triggered by certain events in the system (such as full redemption of a fund)

G/L integration – support for integration to third party financial accounting systems

HiPortfolio Integration – HiTrust offers integration to our market leading and award winning HiPortfolio Investment Accounting and Asset Servicing solution, providing clients with an end-to-end fund management, fund accounting, unit pricing and registry management suite.

Invest in only what your business needs

HiTrust’s modular design and pricing allows you to invest only in those components of the solution that your business operation requires.  This means your investment in HiTrust is precisely tailored to your needs.  New functional modules can be added as your business grows and changes.