Delta Data has introduced an online calendar tool to permit banks, record keepers, dealer dealers, insurance companies, and economic professionals in the put investment fund industry, to manage the whopping intermittent distribution services situations in january, as well as those scheduled for all of those other year. The Delta Data Dividend Calendar is available now, at a 10% discount through 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 twelve-monthly calendar tracks every fund’s payout and permits exact income processing for trust companies, recordkeepers, and broker dealers. The calendar alerts users to payouts in advance by projecting forward all dividend events over the next 13 months. This enables users to understand 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 annual security events within an easily accessible online calendar format

View daily, weekly and regular monthly payouts by fund complex, dividend type or for a specific security

See daily exclusions and receive alerts when expected dividends have yet to be received with a certain time of day or the expected dividend type differed from that acquired.

Positive notification of dividend expectations
Dividend rate data also available for an additional fee

Gross payouts can quickly snowball, making a perfect storm of events that make employee time allocation difficult, especially during the holiday seasons. We developed this tool to provide all financial institutions facing this twelve-monthly challenge having the ability to get ahead of the payments and better manage personnel, minimize mistakes made in haste and serve customers regularly around the numerous annual payouts, says Delta Data CEO Whitfield Athey.

About Deltadata.com

Delta Data supplies the back-conclusion https://www.deltadata.com/oversight-solutions/ which usually companies in the pooled investment fund sector use to process billions of dollars of transactions and keep on top of their data. With companies in this industry facing continuous change from regulatory, technology, industry, and even internal sources, Delta Data helps them see the change through advisory services, get ahead of it with SaaS and installed software solutions, and stay on course without introducing new risks into their systems. Of which why many of the biggest names in financial services rely on Delta Data to help them stay ahead of the change. To learn more, go to www.deltadata.com