Back Office Software Solutions for Wealth Management from Pulse Software Systems

A scalable & open design architecture providing superior levels of STP

Pulse provides a fully integrated, scalable and open design architecture that supports the complete spectrum of front to back operational requirements. Combining a user friendly interface and optimised transaction layer, increased business volumes can be processed with speed and accuracy. In addition, and with the ability to assign security controls to any function, specific tasks can be directly assigned to user-group privileges and their associated access rights.

Features

Cash Book Accounting

With the ability to manage any type of cash entry within the system, the cashbook supports detailed postings to Clients, Brokers and Intermediaries. Each record is associated to a default bank account and currency, with both individual and control level transaction entries posted to the designated bank account.

These associated procedures establish the key accounting principals behind the system, thereby automating this important daily reconciliation process.

Dividend Processing

This area of the system provides a comprehensive facility for the capture, monitoring and processing of all forms of Investment Income, including the distribution and treatment of Group1 and Group2 units.

In addition, with the introduction of Section 18 and the EU Savings Directive, operational controls exist to support the associated regulatory and disclosure reporting requirements.

Corporate Events

Being able to process Corporate Events effortlessly and accurately is an important requirement for any investment organisation. Pulse integrates these operational processes into a series of automated tasks, thereby ensuring that each area of the business is kept fully informed and proactively managed.

Settlement

The ability to monitor, match and record settlements is a daily task for any investment operation. Pulse will assist in this process by advising of daily and future settlement activity across both Broker and individual Client Accounts. In addition and to help support any associated 3rd-party relationships including external custodians, electronic links are readily available to deliver a fully automated STP solution.

Nominee / Custody

It is imperative for any Investment Management organisation dealing with the custody of holdings to control and reconcile client assets to their actual custody & depot location. Pulse provides a fully integrated and comprehensive safe-custody facility, allowing stock to be recorded within any combination of pooled, designated or client registrations. In addition, with the requirement to hold stock across multiple depot locations, standard interfaces are available to streamline this whole area of operation and automate this monthly regulatory procedure.

Nominal Ledger

For companies that require additional management information, a highly flexible Nominal ledger can be integrated to support internal controls and group accounting practices. Pulse combines an extensive array of event driven processes into logical investment related procedures, affording your organisation the ability to handle increased business volumes, whilst reducing the effort spent administering these demands as well as automating the daily and periodic reconciliation process.