|
|
|
||||||
|
Overview BondMaster® — for automating and monitoring the more critical aspects of the Corporate Trust administrative function. BondMaster, the recognized market leader for traditional debt processing, is a comprehensive registered, bearer, mixed-issue and book-entry bondholder accounting system used by corporate trust banks in their role as indenture trustee, paying agent and/or registrar/transfer agent. SunGard Investor Accounting Systems processes trillions of dollars on behalf of its clients. Providing solutions to a high-revenue, high-volume customer base, SunGard Investor Accounting Systems offers recordkeeping and workflow management. Registrars, transfer agents, corporate trusts and shareholder services have huge processing requirements which involve mission-critical applications. Accuracy and reputation directly correlate. Furthermore, investors, corporate management, and government regulators demand that these applications be performed in a timely, accurate, cost-effective way. The volumes are increasing, complexity is increasing, timeframes are shrinking (T+5 to T+3 to T+1), instruments are more sophisticated, and debt instument providers are fewer but larger and more demanding. The BondMaster system handles the high volumes of repetitive work in an efficient manner with high reliability. SunGard also supports these industries with complementary systems for administrative risk management, integrated fee billing, tracking and collection, administrative/management support, archival report storage and retrieval, and document imaging. Through SunGard recordkeeping systems, payment of principal and interest can be made via checks, bank credits, or wires. Controlling these payments is a huge task. SunGard helps the industry manage this money with WireControl and funds availability software. WireControl helps users distribute large sums of money on time because of the efficiencies gained from consolidating the funds for payments to the Depository Trust Company (DTC). Funds availability software provides audit and approval levels that control the collection of debt service funds from the issuer, as well as the release of principal and interest payments to the holders. Trustees must also ensure that they have accurate records reflecting the various activities performed on behalf of their customers. If a critical task is missed, the exposure to the bank can be great. To minimize these risks, trustees use AccountControl, SunGard's administrative risk management system. AccountControl monitors their compliance with the covenants contained in securities agreements. BondMaster's integrated suite of solutions available from SunGard Investor Accounting Systems powers the debt investor recordkeeping for many of the world's premier corporate trust transfer agents. Vendor Site:- Sungard |
|
Basel II Bestsellers
The bestselling books on Amazon.
Tools
Other Related Websites
Finance
Banking
Hedge Funds
Corporate Finance