Linedata Star

Linedata Star is a transfer agent solution dedicated to serve the institutional and retail businesses.

Linedata Star is a trailer fees calculation solution designed to manage and calculate the receivable or payable retrocession fees, front end fees, distribution fees and trailing fees.

Functional areas
  • Transactions upload module (Transactions and holdings)
  • NAV Calendar module (Including a-periodic fund management)
  • Order control module (Event driven)
  • Front-end-fee commission module (Including additional front-end-fees)
  • Trailer fee module
  • Dividend module (Including daily dividend, Payments and re-investments)
  • XML Extract Interfaces
  • Cash management module (Accounting, Payment instructions)
  • Full STP processing
Trailer Fees Functionalities

State of the art allowing complex set up of distribution agreements including daily, weekly, monthly, average calculation methods:

Possibility to upload external client positions and take full advantage of trailer fee module functionality

  • Accurate retrocession computation for own funds or for 3rd party funds and/or financial institutions in a full STP context
  • Powerful Fees framework for any kind of fee schemes available (% Management Fee, Bp performance, thresholds…) with exclusive concept of reference portfolio
  • Simplicity to access every elements participating to the retro computation available at a glance. Each information from the transaction to the retrocession calculation is accessible thanks to the Linedata Star transfer agent functionalities
  • Hierarchy framework allowing to manage the whole distribution / dealers networks including automated payments issue
  • Multi currency & multi languages features
  • Aggregate a Single view of combined retro IN & OUT for a better bargaining power with partners if need be
  • Provide additional services to Institutional clients: Swift support
  • Make payment on time with accurate retro OUT computation & avoid double payments
  • Manage easily all exceptions: contract conditions, eligibility, payments, beneficiaries, etc.
  • Access to relevant information thanks to the cockpit and the transfer agent navigator by the management

Users can concentrate on value added tasks such as building new business.