Distribution services inc Deltadata.com

Delta Data has released an internet calendar tool to permit banks, record keepers, broker dealers, insurance companies, and economic authorities in the put investment fund industry, to control the whopping intermittent https://www.deltadata.com/distribution-services/ occasions in de,, as well as those slated 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 annual calendar tracks every fund’s payout and enables exact income processing for trust companies, recordkeepers, and broker dealers. The calendar alerts users to payouts beforehand by projecting forward all dividend events over another 13 months. This enables users to comprehend which securities will receive what forms of dividends and on which days. This also allows back office teams that deal with high volumes to load balance their processing team by illustrating just how many projected events will be processed every night. Missing a dividend can have catastrophic financial consequences in today’s omnibus trading environments, in addition to reputational risk when the client statements and reporting require reworking once missed dividends are incorporated.

Features:

See all total annual security events in an easy to get at online calendar format

View daily, weekly and per month payouts by fund complex, dividend type or for a particular security

See daily differences and get alerts when estimated dividends have yet to be received by a certain period or the expected dividend type differed from that got.

Proactive notification of dividend expectations
Dividend rate info also available for an additional fee

Divisor payouts can easily snowball, creating a perfect storm of events that produce employee time allocation difficult, especially through the holiday seasons. We developed this tool to provide all finance institutions facing this gross annual challenge having the ability to get ahead of the payments and more effectively manage personnel, minimize mistakes made in haste and serve customers in a timely manner around the many annual payouts, says Delta Data CEO Whitfield Athey.

About Deltadata.com

Delta Data provides the back-stop https://www.deltadata.com/oversight-solutions/ the fact that companies in the pooled investment fund industry use to process vast amounts of dollars of transactions and keep an eye on 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 to their systems. That why lots of the biggest names in financial services rely on Delta Data to help them stay ahead of the change. To learn more, have a look at www.deltadata.com