New Functionality Unifies Intermediary Fee
Processes, Supporting Clients Wherever They Conduct
Business
BOSTON and COLUMBUS,
Ga., June 19, 2024 /PRNewswire/ -- Delta
Data, a Terminus Capital Partners company and trusted provider of
global pooled fund and mutual fund software solutions, proudly
announces significant enhancements to its Fee Management solution.
This latest update empowers asset management firms to efficiently
handle intermediary fees for funds regardless of where they are
domiciled, marking a pivotal step toward global market
expansion.
The newly integrated functionality brings many benefits that
cater to diverse fee structures and the specific requirements of
distributors in non-US jurisdictions. The solution now boasts
support for multiple, global fund identifiers (including Sedol and
ISIN, alongside the existing CUSIP) while enabling seamless fee
processing in any currency, with automatic payment conversion
capabilities. As a result, asset managers can now manage all
intermediary fees with unparalleled consistency and efficiency,
saving time and resources.
"This strategic advancement underscores Delta Data's commitment
to serving the global financial landscape,"
stated Cameron Routh, CEO of
Delta Data." "Our recent acquisition of Phoenix Systems
Inc. has enhanced our global expertise, further enriching our
solution set. We are dedicated to providing comprehensive solutions
that transcend geographical boundaries, supporting our clients
wherever they conduct business."
Delta Data's Fee Management solution has a proven track record
of mitigating risk in one of asset management's greatest expenses
by automating intermediary fee processing and driving operational
efficiency for six of the top ten US Asset Management firms.
"At Delta Data, our focus remains steadfast on addressing the
evolving needs of our clients and the mutual fund/pooled assets
industry at large. These enhancements underscore our commitment to
delivering solutions that empower our clients and elevate
operational standards within the asset management
sector," noted Colt Younger,
SVP Head of Product for Delta Data.
For more information about Delta Data's comprehensive fee
management solutions and expanded functionality, please
visit https://deltadata.com/asset-management-solutions/fee-management/.
Delta Data Media Contact:
Claudine
Martin
SVP Marketing
cmartin@deltadata.com
508-341-2123
www.deltadata.com
About Delta Data
Delta Data is a trusted provider of technology solutions for the
global mutual fund and pooled fund industry, processing trillions
of dollars in assets for top financial institutions.
Our industry-vetted SaaS integrated suite is trusted by four of
the top 10 US banks, three of the top five US retirement
recordkeepers, and 23 of the top 25 US asset managers. We empower
financial companies to navigate the complex regulatory landscape
and mitigate risk through efficient data management and streamlined
automation. Join the ranks of industry leaders and benefit from our
innovative, proven solutions.
About Terminus Capital Partners
Terminus Capital
Partners is a growth-oriented, private equity firm focused on
business software companies, founded in 2017 and based in
Atlanta, GA. Differentiated by its
industry expertise, sourcing engine, operations playbook, and
buy-and-build methodology, Terminus strives to be the premier
partner for capital providers, bankers, and management teams in the
enterprise software sector.
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SOURCE Delta Data