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Global Plus IC



From the publisher website or publicity

Overview

Discover Business Without Boundaries

Advanced Investment Accounting Support

Global Plusฎ is an integrated, real-time asset management and custody system. Because Global Plus is a comprehensive and flexible multi-currency and multi-lingual system, it can support the business you will be conducting tomorrow, whether that means launching a new product line in Europe or Asia.

Global Plus provides comprehensive and integrated support for a wide range of business lines, including:


 *• Wealth Management
 *• Private Banking
 *• Personal Trust
 *• Institutional Trust
 *• Custody

Global Plus incorporates a high degree of automation to deliver straight-through processing and a wide range of functionality to help your organization accomplish day-to-day operational goals productively and efficiently. In addition, Global Plus speeds delivery of new products for your institution's clients, and easily handles merger or acquisition activity due to its solid design, advanced architecture, and scalable platform.

Global Plus eliminates functional boundaries with an array of advanced capabilities: trade date, accrual-based accounting; retroactive processing and as-of reporting; online, real-time operations; full multi-currency accounting and reporting; and client/server architecture.

Scalable Technology for the eWorld

Global Plus sets new standards for power. With a browser-based graphical user interface, Global Plus is delivered on a fully scalable IBMฎ RS/6000 AIXฎ (UNIXฎ) platform to deliver the speed and capacity Global Plus clients require to support their operations. Global Plus is offered on the Oracleฎ relational database management system. As the leading RDBMS, Oracle is a proven solution working today for Global Plus client partners and many other financial services institutions.

Global Plus features exciting technology for the eWorld. The system is integrated with a suite of Web-based workstations, designed specifically to eliminate the boundaries between an institution and its clients by providing an interactive, two-way link that is seamlessly supported from the point of client contact through the front-office and into the back-office.

Real-time Messaging

SunGard uses IBM's MQSeriesฎ product for Global Plus messaging, allowing Global Plus to send and receive real-time messages from other client applications. The MQSeries solution uses message servers and queues, ensuring all messages are routed to and accepted by the client application. Global Plus has the infrastructure to handle real-time messaging to support T+1 and same-day settlement. Global Plus' messaging architecture is based on IBM's MQSeries for data movement, which assures delivery once and once only.

Seamless, Efficient Straight-Through Processing

Straight-through processing speeds trading and settlement, reduces errors, and adds value for managed and custody accounts. Global Plus automates the trade settlement process from confirming execution detail through cash settlement processing, client advices, and securities movement.

Parameter Driven Structure

The Global Plus design offers you a wide range of flexibility. This flexibility provides easier ways to process a full range of product lines, handle investments, calculate fees, and produce statements. A single application allows you to process multiple products without the need for compromise. Also, Global Plus flexibility will enable you to rapidly adapt to industry change ensuring you a competitive advantage.

Multi-Currency Processing

Global Plus was designed as a multi-currency system, so it doesn't require a specific base currency (such as USD) as a reference for all currency transactions or holdings. Integrated multi-currency processing and accrual accounting supports global investments and international clients. In addition to processing all transactions in both local and base currencies, Global Plus also differentiates currency gains and losses from security (capital) gains and losses in base currencies. Additionally, Global Plus reports account investment information for both domestic and international holdings on one consolidated statement.

Investment Support

With Global Plus, users gain a comprehensive investment accounting system that caters to a wide array of investment types including:


 *• Equities
 *• Options
 *• Asset-backed securities
 *• Cash
 *• Secured and unsecured loans
 *• Liabilities
 *• Mortgages

Corporate Actions

To automate portfolio valuations, base currency equivalency computations, and corporate actions processing, the Global Plus system provides interfaces to international pricing services. Global Plus can maintain multiple security prices for a given date from multiple pricing suppliers, and your clients can select a preferred pricing supplier for reporting. Global Plus processes the full range of mandatory and elective, cash and share related, taxable and nontaxable corporate actions. These actions include cash dividends, stock splits, spin-offs, split-offs, split-ups, changes, mergers, exchanges, stock dividends, name changes, and rights / warrants distributions.

Automated Cash Management

Global Plus provides a highly flexible and integrated cash management solution, ensuring:


 *• Maximized investment income through real-time sweeps and idle cash / overdraft interest processing
 *• Worldwide cash management tracking cash deposits for each currency and location, providing cash projection analysis for agent bank and sub-custodian balances
 *• Automated remittance processing
 *• Foreign Exchange processing

Enhanced Data Distribution

Vision Report Writer is the robust Global Plus tool for comprehensive data reporting and download. Vision is designed to read, profile, calculate, evaluate, and report summarized and / or detailed Global Plus information. The Vision programming language provides utilities for manipulating, formatting, and printing data on a report or exportable file.

Benefit from Global Plus

Power Integrated Portfolio Account and Securities Processing


 *• Accrual accounting for both cash and securities
 *• As-of processing and reporting
 *• Trade date and settlement date
 *• Event-driven with exception processing

Facilitate Straight-through Processing


 *• SWIFT message processing
 *• Depository affirms / confirms
 *• Automated client and agent communication

Streamline Information Management


 *• External security and customer information
 *• Online approval routing
 *• Management information and ad-hoc reports

Drive New Business Opportunities


 *• Rules based and parameter driven
 *• Supports multiple sub-custodian agent locations
 *• Supports multiple business lines

Support Investment Managers


 *• Performance and analytics interface
 *• Online, "as-of" inquiry and reporting
 *• Intra-day cash balances; same day cash management

Improve Client Communication


 *• Web- and Windows-based account inquiry
 *• Consolidated multi-currency reporting and statements
 *• Graphical, color customer statements

Automate Fee Processing


 *• Multiple fee schedules
 *• Multiple fee formulas per schedule
 *• Accurate fee projections

Boost Trading Capabilities


 *• Broker feeds
 *• Bulk order and block trading
 *• Link to other trading programs

Speed Training and Ease Operations


 *• Microsoftฎ Windows 95, 98, or NT front-end
 *• Hypertext documentation
 *• Intuitive online Help
 *• Desktop and toolbar customization by client

Harness the Power of SunGard

Leveraging Global Plus as your investment accounting and custody system, the SunGard Transaction Network connects the processes in the financial services value chain, linking asset managers with brokers, brokers with exchanges, exchanges with banks, and banks with settlement agents and custodians. Thousands of financial service institutions have implemented our best-of-breed processing systems. Now, with the Internet and our business integration technologies, we can connect these processes into a virtual network to achieve straight-through in anticipation of T+1, next day settlement.

Keywords
accrual-based
asset
asset management
asset manager
asset-backed securities
automate cash management
broker feeds
cash
cash dividends
cash settlement
client advices
client server
corporate actions
custody
equities
exchanges
fee processing
foreign exchange
FOREX processing
Global Plus
institutional trust
investment accounting
investment manager
investment support
liabilities
mergers
mortgages
MQSeries
multi-currency
multi-lingual
options
Oracle
personal trust
portfolio account
portfolio valuation
private banking
real-time
real-time messaging
reporting
retroactive processing
rights distributions
secured loans
securities
securities movement
security prices
spin-offs
split-offs
stock dividends
stock splits
STP
straight through processing
sweeps
SWIFT
trade
trade date
traders
trading
trust
unsecured loans
warrants distributions
wealth
wealth management
web-based


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