Linedata Mshare

To be a leader in today’s financial industry you require the technological and servicing competencies that keep your customers satisfied today and into the future. By offering tools that provide comprehensive functional coverage, rigorous service and quality control, you set the stage to stand out from your competitors.

To find this edge and handle competition from anywhere in the world some of the world’s largest financial service providers turn to Linedata. We build our reputation by developing robust technology that meets and exceeds clients needs; helping them grow and expand services all while remaining efficient and nimble.

Linedata Mshare, your leading shareholder solution

Linedata Mshare is a leading transfer agency and shareholder recordkeeping solution backed by over 10-years of proven market experience and used by some of the world’s largest institutions. Driven by our single-minded focus and determination to deliver best-of-breed solutions to you, Linedata Mshare helps you deliver the best to your clients. Carefully balanced to ensure the controls you would expect from a database application, Linedata Mshare also offers the flexibility common to spreadsheets.

Linedata understands that your time is valuable. Linedata Mshare is built for rapid implementation, available hosted or via a deployed installation and new users can be trained quickly. With Linedata, you gain more than just another technology provider; instead, we strive to become your trusted partner.

Core Features

Linedata Mshare is the industry’s most advanced solution for transfer agency.   Linedata Mshare caters for all of the shareholder recordkeeping requirements of traditional retail funds, including multi-currency transaction processing, commission accounting, anti-money laundering, distributions and user definable investor reporting.

Additionally, Linedata Mshare can cater for a wide range of alternative investment structures including hedge funds with performance fees and equalization, complex master-feeder P&L allocations, private equity commitment tracking and partnership allocations. Coupled with Linedata Mfact, Linedata Mshare provides a comprehensive fund investment and share classs accounting solution for both the traditional and alternative markets, a unique proposition with potential to increase your efficiency and free up valuable resources.

Linedata Mshare improves both efficiency and client management by giving you all the functionality needed to accurately manage shareholder data, deliver great customer service, and build insightful reports. Linedata Mshare does this by providing comprehensive data validation and an audit trail of both financial and non-financial information. A full history of all user input is accessible through intuitive inquiry screens.  Because firms’ needs vary, shareholder reporting is completely flexible and user-defined shareholder reporting can be customized by fund, shareholder and interested party.

CORE FUNCTIONALITY

  • Real-time transaction generation
  • Performance fee equalization and series accounting
  • Suitable for traditional retail and alternative fund types
  • Web interface
  • Web reporting
  • Customizable anti-money laundering
  • Data extract wizard
  • Multi-currency (FX) processing
  • Interfaces include Fund/SERV, Fundsettle, NSCC, etc.
  • Complex commission processing
  • Intuitive online inquiry screens
  • Payment interfaces
  • Dividend processing
  • Order processing
  • Specialized money market fund capabilities
Other Highlights

Alternative Fund Types

Performance FeesLinedata Mshare caters for all major performance fee methodologies including contingent liquidation, depreciation deposit and series of shares, utilizing flat or tiered incentive fee rates.  Flexible design ensures that complex floating rate and index based hurdles can be calculated and maintained.

Private Equity: Linedata Mshare has robust Private Equity administration functionality, enabling efficient day-to-day management of funds and flexible reporting to investors. It has been designed with maximum flexibility to adapt to a wide variety of fund set-ups.

Functionality includes:

  • Capital calls for expenses – Linedata Mshare has the ability to process a “Capital Call Expense” transaction, with the option that the expense transaction can reduce the Investor’s committed capital or not depending on whether your fund has expenses as outside of the Investors originally committed capital.
  • Capital call tracking at asset level – Capital Call by Asset allows the user to place a capital call but also specify the asset the fund is purchasing so you can link capital calls transactions to assets.
  • Percentage capital calls – Linedata Mshare enables you to process a Capital Call by percentage of each investors total committed capital
  • Allows for transfers between investors/partners: Investors can transfer their holdings to other investors or partners in order to leave or reduce their holding in the fund.
  • Added distribution transactions: You will now be able to process a distribution per asset for return of capital, income, and capital gains – with ability to record the carried interest on the distributions for reporting purposes.

Allocations : Linedata Mshare’s P&L Allocation module uses state-of-the-art flowcharting technology to fully define tiered and complex fund structures by building on-screen diagrams.  Based on a feed from a fund accounting system, the allocations module will calculate the net asset values for feeder funds, share classes and series funds, in addition to gains/losses for individual partners, incorporating any necessary fee calculations at partner, class and fund levels.

Modules

Allocations Module

BANISH SPREADSHEETS FOREVER!

Income Allocations within Master Feeders or other complex multi-level fund structures can be a challenge to administer especially on a spreadsheet. Linedata Mshare Allocations Module is a sophisticated yet intuitive solution which automates allocations for complex fund structures, calculates fees and computes then posts the Net Asset Value for each Side Pocket, Series, Share Classes or individual partner in the fund. This means you can automatically post multiple NAVs and partnership income at the click of a button. With the flexibility of spreadsheets but the security of an integrated application, our Allocations Module will take care of all the complex calculations involved in allocating P&L through these structures. It can take P&L from any fund accounting solution and automatically run the allocations process to give you fast and accurate results. Through its workflow automation and exception management, you achieve improved operational efficiency. By eliminating time consuming workarounds, the Allocations Module will reduce your firm’s operational risk and increase your operational control.

ALLOCATIONS FUNCTIONALITY

− Fully automated multiple NAV and partnership calculations

− Allocates Income / Expense buckets

− Fund / Class / Partner level fees

− Master / Feeder and Tiered structures

− Allocations

  •  Top Down from Master to Feeders to Funds
  •  Definable Allocation Basis
  •  Currency Exchanges

− Partner Allocations

− Series/Fund Class Allocations

− Special Allocations:

  •  Side Pocket Allocations
  •  Class Specific and New Issue Allocations

− Fees:

  •  Fund / Class / Partner level fees
  •  Asset, Performance and Fixed
  •  Calculated at Each Level of the Structure

−  User-definable Basis

Partners

In an effort to meet the diverse needs of our clients, we have developed several strategic alliances that allow us to augment our capabilities and provide additional functionality to meet those needs.

Partners Include

Metrosoft, Inc. provides additional services to enhance their customer service efforts, including web -based access to fund, pricing and performance information, an integrated voice response system, and electronic document warehousing.

Equisys, Inc. offers business communications solutions including Zetafax and Zetadocs, allowing users to email and fax reports automatically.

NSCC provides a centralized clearance and settlement and information service for Brokers Dealers, Banks and Mutual Funds.

RGC Communications provides printing and mailing services for shareholder communications.

BlueSky/MLS provides administrating for Blue Sky Registration.

Clear Sky provides administrating for Blue Sky Registration.

1099Pro software provides functionality to produce US Tax forms.

<!–[if gte mso 9]> Normal 0 21 false false false FR X-NONE X-NONE <![endif]–><!–[if gte mso 9]> <![endif]–> <!–[endif]–>Interfaces include Fund/SERV, Fundsettle, NSCC, etc