FIS Funds
FIS Funds is an automated mutual fund trading application that provides straight-through processing from the desktop or investors’ browsers through to FundSERV, mutual fund companies and shareholder management systems. This enables the institution to grow its volume of orders without the traditional bottlenecks associated with manual based methods.
FIS Funds has a rules engine that validates and controls accurate payout of commissions, helping to resolve complex breakpoint rules and other compliance issues. FIS Funds enables advisors to build and customize product lines or create an online supermarket of products. Distribution to multiple channels with unique rules and commission structures can be implemented quickly, allowing advisors to reach more investors and offer more products. This single settlement process also reduces operational costs and provides better business controls.
