Price & Income Exchange
MoneyMate's Fund Price & Income Exchange (PIE) solution is a proven service for the fund of fund sector that provides fund accountants with pricing and income data that is validated at source. Clients of Fund PIE experience a significant reduction in risks and NAV breaches that are costly in both reputational and commercial terms and it helps organizations to achieve STP in the fund data area.
By their nature fund of fund structures hold investments of such size, that even one single data error could affect the entire NAV.
Quality fund data will reduce your operating costs and mitigates risk for your organization
- Reduce operational costs - Experience significant cost savings by removing manually intensive daily data management effort from internal resources.
- Data quality assured - MoneyMate's rigorous automated price validation checks that are overseen by our Price & Income Exchange Team will virtually eliminate lapses in data quality.
- Real time product intelligence – Now you can receive price values as soon as valuation has been completed and improve your real-time knowledge.
- Greater efficiencies - Faster price validation and distribution results in increased fund administration efficiencies and turnaround time.
Fund PIE– explained
The Fund PIE is formed around a series of strict service level processes (e.g. delayed arrival time; prior day variance; market index comparison) that manage data processing on a daily basis. Once issues have been resolved directly with the Fund Accountants, prices are sent dynamically in a range of formats via the Fund PIE web interface.
Read more about Price & Income Exchange and download our brochure.