Fundix business advantages to custodian and their clients. The advantages of this new Fundix installation include:

• No license fees or software to install.
• No internal software to write.
• No additional license costs for software which can “web enable” legacy TA solutions.  Fundix is web native.
• Elimination of ongoing support and maintenance internal personnel costs for legacy TA software and systems.  After initial configuration, support is included in Fundix service price.
• Simplification of the overall TA information flow, through consolidation of multiple systems and add-ons into a single web based platform, further driving down internal costs.
• Secure, real-time, web based access to a single system of record by all participants in the fund distribution supply chain (fund operations, investment management firm, end investors) improves communications
• Increased automation reduces
  1. recurring operation labor expense,
  2. cost of data input validation, including multiple audit points
  3. cost of repairing data input errors
• Increased business flexibility, by providing custom configuration for individual funds (and fund families), while leveraging a single TA platform.
• Flexibility in the physical location of operations labor
• Improved service quality to clients, including investment management firms and their end investors
• Improved sales possibilities for custodial services through brand presentation to end investors as they access their specific data
• Centralized system maintenance lowers the cost of implementing industry wide regulatory changes.
• Increased transparency of the underlying record keeping through secure web based access for auditors, compliance and regulatory personnel lowers auditing costs, and cuts audit turn around.