Delta Data has introduced a web based calendar tool to allow banks, record keepers, agent dealers, insurance firms, and financial professionals in the pooled investment fund industry, to manage the whopping intermittent https://www.deltadata.com/distribution-services/ occasions in the holiday season, as well as those planned for the rest of the year. The Delta Data Dividend Calendar is currently available, at a 10% discount during the month of December. Delta Data is a leading 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 twelve-monthly calendar tracks every fund’s payout and permits exact income processing for trust companies, recordkeepers, and broker dealers. The calendar alerts users to payouts beforehand by projecting forward all dividend events over the next 13 months. This allows users to understand which securities will receive what types of dividends and 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 each night. Missing a dividend can have catastrophic financial consequences in today’s omnibus trading environments, in addition to reputational risk when your client statements and reporting require reworking once missed dividends are incorporated.
See all twelve-monthly security events within an easily accessible online calendar format
View daily, weekly and regular payouts by fund complex, dividend type or for a particular security
Look at daily conditions and have alerts when forecasted dividends have yet to be received by a certain time of day or the expected dividend type differed from that received.
Practical notification of dividend expectations
Dividend rate facts also available for yet another fee
Divisor pay-out odds can quickly snowball, developing a perfect storm of events that produce employee time allocation difficult, especially through 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 gross annual payouts, says Delta Data CEO Whitfield Athey.
Delta Data provides the back-end oversight solutions the fact that companies in the pooled investment fund sector use to process billions of dollars of transactions and keep on top of their data. With companies in this industry facing continuous change 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 stick to course without introducing new risks into 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. To learn more, take a look at www.deltadata.com