Asset & Fund Managers Payments & treasury

Subscription monies matched to the right investor

How a fund manager matched multi-currency subscription monies to investors automatically instead of reading bank statements by hand.

The starting point

A client has subscriptions arriving in several currencies, often without a clean reference. Operations read bank statements, guessed at the investor, and redemptions went out on instructions typed twice.

What they needed

  • Match incoming monies to the right investor and vehicle
  • Handle several currencies and methods
  • Pay redemptions without retyping instructions
  • Reconcile against the administrator's record

What FYNXT delivered

FYNXT put Payment Orchestration in front of the money movement. Incoming monies are matched to the investor and vehicle, redemption proceeds go out on the same record, and each transaction is reconciled.

Solutions used

What changed

  • Monies match themselves to an investor
  • Redemptions are not retyped
  • Reconciliation runs from one ledger
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Next step

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