Microgen 5Series Trust Administration
Microgen 5Series is a software solution designed to assist Trust and Corporate Service Providers, Wealth Management Companies and Fiduciary Service Providers with their day to day operations. Specifically, it provides functions to:
- enable details of clients and their structures (e.g. trusts, underlying companies, foundations etc.) to be maintained;
- produce the administrative documentation associated with the set up and maintenance of these types of client structures;
- keep accounting records for clients and their associated structures;
- record details of investments and the associated transactions; and
- provide mechanisms for generating invoices to their clients for the provision of these services.
Microgen 5Series is made up of a number of integrated modules which reduce the duplication errors typically associated with multiple systems, and the increased level of automation achievable enables staff to spend more time on “value-added” activities. With a wide range of user definable parameters to facilitate flexibility, the system can be easily configured to reflect your business and processes.
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Reduce costs: increased automation improves operational efficiency and reduces errors and costs associated with manual processing
Improve control: workflow processes guide staff through their day to day work and provide management with a clear, real-time view of the business
Retain clients and grow business: improved customer service achieved through enhanced management control, reliable and consistent data and comprehensive reporting
Improve flexibility and agility: react quickly to changing market and compliance/KYC requirements through user configurable options
Safeguard client data: functional and data access controls help to ensure sensitive client data is protected
Statutory Module: The Statutory module is the central repository for all client and mandate data. It automatically produces client structure diagrams, client documents, forms and minutes. User-defined fields and workflow are included.
Financial Module: The multi-entity, multi-currency, Financial Module provides a general ledger facility to hold both Client Accounts information and Trust Company Account(s).
Portfolio Module: The Portfolio Module captures details of investments held by any entity in Microgen 5Series. Each entity can have their assets assigned to a single portfolio, or split between multiple portfolios.
Time and Expenses Module: The Time and Expenses Module provides the facility for employees to capture both chargeable and non-chargeable time. Expenses or disbursements relating to client based work can also be captured on the timesheet.
Billing Module: The Billing Module generates fee notes, records payments, creates credit notes and tracks debtor positions.
Microgen 5Series Secure Web Portal: a highly secure online client servicing tool that provides an online view of a user-defined subset of data & documents from Microgen 5Series Trust.
