The IntelReports Back Office System has been designed for the Independent mutual fund dealer

	ACCOUNTING
	The trust accounting functions allow for the convenience and speed of net settlement (N$M).
	Representative’s commission, fees and trailers can be processed on the system.
	FEATURES FOR THE REPRESENTATIVES AND BRANCH MANAGERS
	The built in compliance functions provide the ability to perform “up front” approval of both wire orders and non-wire / direct orders.
	Document scanning and attachments to client’s accounts allow Representatives to operate efficiently in remote locations.
	Simple account holding reports as well as a number of other reports assist the Representatives in effective portfolio planning.
	Government and Fund Company forms are available in electronic format and will allow the representative to fill in the client’s information automatically from their account. These forms can then be printed and given to the clients for their signature.
	The reporting and compliance functions as well as the design of the client’s accounts have all been built to enable the Dealership and the Representatives to operate their business within the regulations of the MFDA.
	The system is intuitive and easy to use. Support and training is provide along with manuals and a help file.
	A function is available to record pending transfers and non-wire / direct orders so that follow up is made easy.
	SmartStatements allow clients online access to their accounts.
	SmartCharts will enable the representatives to provide industry-leading illustrations of portfolio changes and growth to their clients, given a clean database and a complete, accurate price file.
	SYSTEMS
	The Back Office System is easy to install with a simple click on a link in the download web site.
	If there are program changes, the system will update itself when the user logs on. This means no CD’s or files to obtain.
	The system was designed with a simple and efficient architecture. We use Linux for its operating system, MySQL for the database and Apache for the Internet activity. This also means low licensing fees.
	IntelReports handles the change over of Fundserv’s Versions without incident and prepares for the upcoming Versions.
	DATA INTEGRITY
	A clean accurate database is ensured with several exception reporting features.
	Fundserv files are pre-checked on the system to prevent errors from being imported into client’s accounts. Exceptions can be investigated and corrected before they are entered into the accounts.
	All outgoing wire orders are first checked against the Fundserv Schema in order to prevent rejected batch orders and reduce the number of rejected trades.
	SECURITY
	The system gives three levels of access, Representative, Branch (which includes compliance functions) and Administration. The Administrator controls access by granting user ID’s and passwords.
	All changes to the client’s accounts are tracked by user ID and are shown on tracking screens in the program.
	All data is encrypted both when downloading and uploading.