With mPower, valuations and income recognition are completely automated based on market practice, chosen policies and IFRS, with regional variants fully supported. Apart from operational reports, statutory reporting for selected countries is also pre-packaged. Furthermore, post trade Compliance Management is fully automated with the ability to inform appropriate responsibility points via alerts or email.
Throughout the day NAV monitoring for only incremental review effort.
NAV computation via both the independent Asset / Liability & the Income / Expense methods.
Reconciliation of values across related reports ensuring, automated tallying across reports
Set up schedules for delivery of reports, request notification of event completion, etc.
Inbuilt Compliance Management module supports all regulatory requirements.
Set up schedules for delivery of reports, request notification oContinuous monitoring of sensitive market & internal information including market price, interest rates, etc. f event completion, etc.
CMS functionality with financial data, enabling all necessary GL entries to be passed down to back office
All activities are date driven & diarized, presented as to do lists to users.
Captures only the minimum information as required to complete current functionality.
System enhances STP by providing channels to take-in confirmed trade information from industry platforms.
Asset Class Coverage
Comprehensive coverage of asset classes spanning end-to-end lifecycle.
Ability to manage mutual fund schemes as well as Mandates (Advisory or execution) sourced from any region
Maintain existing GAAP as well as IFRS driven GL records so that transition period support.
End to End (E2E)
mPower is an end-to-end investment management product, comprehensively covering front to back-office requirements that are functionally segregated to obtain efficiencies and also to provide adequate checks and balances.
Front Office Services (FOS)
mPower supports decision making, trade origination and trade ﬂow conﬁrmation through a set of blotters, while also providing for personalization of these blotters. Pre-trade Compliance Management is weaved throughout the trade ﬂow at appropriate trade points.
Back Office Services (BOS)
mPower receives trades from various origination points and houses them in a handover blotter. Based on deployment settings, accounting is accomplished automatically or upon user choice. The product performs any 'allowed' trade adjustments and also fulﬁlls any period end audit observations.
Covering both pre and post trade Compliance Management comprehensively, mPower helps to maintain Compliance Management regulatory requirements as per the changing criteria. Passive breaches alerts notify breaches detected due to external events (change in rating, market cap, equity cap and other events). The Compliance Management dashboard dual view enables a drill down view, by rules or trades breached.
mPower's multi-layer security stack is preferred by businesses across the globe. Our prominent partners trust KFintech's capabilities to deliver excellent service and client value.