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FundBPO Overview
Background:
FundBPO provides fund administration services of unit registry, investment administration and fund accounting to Australian Fund Managers. FundBPO holds an AFS License and use industry leading technology provided by DST International (HiPortfoli/3) to support our processes. FundBPO supports various asset classes including domestic and international equities, bonds, unlisted assets, fixed interest, derivatives, mortgages and property.
Alliances:
Our services are supported by robust arrangements with suitable custodians. We are custodian agnostic but have a preferred arrangement with a global custodian who can support services demanded by clients in safekeeping and settlement in all major markets, cash management, foreign exchange trading, contract matching, proxy voting, financial and non financial corporate actions and securities lending.
Scope of Services:
The scope of services we provide to fund managers includes:
Unit Registry
 Application, switches and redemptions - Distribution payments
- Advisor commissions
- Call centre services
- Unit holder maintenance
Investment Administration
- Portfolio valuation including corporate actions and accruals
- FIF and CGT treatment of holdings
- Unit pricing
- Post Trade Compliance
- Performance and Attribution
- Monitoring the custodian
Fund Accounting
- Daily bank reconciliations
- Distribution calculations
- Management Fees
- Month end accounts
- BAS/Tax returns
- Statutory accounts
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