i-flex solutions, a leading provider of technology solutions to the global financial services industry on July 30, 2008 announced that Oracle's FLEXCUBE Investor Servicing, an open standards product for the Investment Funds Industry, has been featured in Barrington Partners "Next Generation" Transfer Agency Systems Review 2008.
The review has selected FLEXCUBE Investor Servicing as a leading transfer agency system and amongst the most mature. It can support a wide range of products and geographies including customers in the Americas, Europe, the Middle East, Japan and Asia Pacific. The product is deployed in over 25 countries across the globe.
The solution has sophisticated Transfer Agency and Fund Distribution functionality that allows processing and management of advanced mutual fund transactions.
Transfer Agents require solutions that can address the complex set of activities they undertake. These include data input for new investment accounts, transactions, KYC Checks, transaction verification, unitization to settlement together with the need for inbuilt exception management. Given the variations and exceptions in managing these activities, transfer agents require process orchestration capability to enable efficient transaction processing.
As the needs of fund managers and distributors become more varied, transfer agents require customized process flows to accommodate their needs.
FLEXCUBE Investor Servicing, built using contemporary technology architecture, has been designed with process orchestration capabilities that enable the processing of complex transactions using customized process flows.
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