Fund Distribution
![]() The fund distribution and transfer agency business is undergoing a changing model with fund managers needing across the board investor servicing capabilities for all types of mutual funds and alternative funds. Alternative funds also need sophisticated features as a requisite with systems functionalities for managing ever complex fund structures. Support for diverse performance fees and regulatory pressures for transparent pricing brings the need for new and more flexible open technology. An integrated fund distribution and transfer agency businesses relies on efficient communication and high quality data management. Combining these functions will cause the emergence of a new and more efficient service and tackle the formidable challenges that transfer agents and fund distributors face, as the industry struggles with the higher pressure of even more regulatory demands and investor requirements. Global fund managers and fund distributors demand immediate support but with technology that is future proof, MegaFD has been designed to address this need, with an ongoing value to answer the complex challenges faced. megafd is a fund liabilities management system specifically designed for the mutual fund industry. It is modular fund administration solution with functionality can be selected as required, to fit into existing system's architecture. It manages the fund register and is primed to tackle the challenges facing Fund Distributors and Transfer Agents. Investor servicing is a primary focus for megafd with its comprehensive multi-faceted functionality, able to serve multi-time zones and features enabling international business support and growth. megafd is process driven helping to reduce operational risks and costs with support for complex fund structures agent and flexible in meeting various investor account structures. Vermeg technology developments are fast and comprehensively tested enabling bespoke implementation from its impressive core base if the customer demands it. | ||
megafd® can deliver the following benefits:
- Centralises fund order
- Maintains Fund Issuer and Fund Investor Register
- Investor Account maintenancefor fund liability management
- Investor/Intermediary account holdings/transaction statement
- Investor/Intermediary Tax Information
- Provides corporate secretary services for proxy voting
- Issues regulatory reports on shareholder identity
- Manages fees and commissions at all levels

MegaFD