FUND ACCOUNTING: Services (SEI - U.S. Bank)

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FUND ACCOUNTING: Services (SEI - U.S. Bank)

	SEI	State Street Corporation	SS&C Technologies, Inc.	Ultimus Fund Solutions, LLC	UMB Fund Services	U.S. Bank Global Fund Services

DOMESTIC SECURITIES

Straight asset-backed securities	U	U	U	U	U	U
Commercial paper	U	U	U	A	U	U
Common stock	U	U	U	U	U	U
Corporate bonds	U	U	U	U	U	U
Demand notes	U	U	U	U	U	U
Floating-rate bonds/notes	U	U	U	U	U	U
Futures	U	U	U	U	U	U
Municipal bonds	U	U	U	U	U	U
Mutual funds	U	U	U	U	U	U
Options on futures	U	U	U	U	U	U
Options	U	U	U	U	U	U
Preferred stock	U	U	U	U	U	U
Repurchase agreements	U	U	U	U	U	U
Reverse repurchase agreements	U	U	U	U	U	U
Time deposits	U	U	U	A	U	U
Rights/warrants	U	U	U	U	U	U
When-issued securities	U	U	U	U	U	U
Zero coupon bonds	U	U	U	U	U	U
GICs	U	U	A	U	A	U
SICs	U	U	A	U	U	U
CDs	U	U	U	U	U	U
TIPs	U	U	U	U	U	U

INTERNATIONAL SECURITIES

Common stock	U	U	U	U	U	U
Corporate bonds	U	U	U	U	U	U
Currencies	U	U	U	U	U	U
Floating-rate bonds/notes	U	U	U	U	U	U
Forwards	U	U	U	U	U	U
Futures	U	U	U	U	U	U
Gilts	U	U	U	U	A	U
Government bonds/notes	U	U	U	U	U	U
Index-linked gilts	U	U	U	U	A	U
Options	U	U	U	U	U	U
Preferred stock	U	U	U	U	U	U
Time deposits	U	U	U	A	U	U
Rights/warrants	U	U	U	U	U	U
Zero coupon bonds	U	U	U	U	U	U
CDs	U	U	U	U	U	U

SYSTEMS CAPABILITIES

Online entry of trade data
On trade date	U	U	U	U	U	U
T+1	U	U	U	U	U	U
Any as-of date	U	U	U	U	U	U
Online editing/verification for validity/logic	U	U	U	U	U	U
User can input additional data	U	U	U	U	U	U
For prospectus/regulatory/compliance monitoring	U	U	U	U	U	U
Electronic trade interface with client's system	U	U	U	U	U	U
Generate journal entries for trade data	U	U	U	U	U	U

Adjustments
Correcting original trade	U	U	U	U	U	U
Reversing/re-entering trade	U	U	U	U	U	U

Online transaction history maintenance
Date range	U	U	U	U	U	U
CUSIP	U	U	U	U	U	U
Transaction type	U	U	U	A	U	U
Display live trades	U	U	A	U	U	U
Monitor stock loans	U	U	U	N	U	U

Record sales
FIFO	U	U	U	U	U	U
LIFO	U	U	U	U	U	U
Highest cost	U	U	U	U	U	U
Lowest cost	U	U	U	U	U	U
Closest to average cost	U	U	U	U	U	A
Least tax liability	U	U	U	U	U	U
Adjust lots for dividends, splits	U	U	U	U	U	U
Accounting for wash sales	U	U	U	U	U	U
Provide audit trail of activity	U	U	U	U	U	U
Process short-term instruments without CUSIP	U	U	U	U	U	N
Security master add/trade short-term one screen	U	U	U	U	U	N
Reflect trade data in portfolio valuation on entry	U	U	A	U	U	U

Trade settlement
Based on custodian download	A	U	A	A	U	D
In currency other than trade currency	U	U	U	U	U	U
Default to end-of-day exchange rates	U	U	U	U	U	U
Multiple local currencies in one fund	U	U	U	U	U	U
Multiple base currencies	U	U	U	U	U	U
Tax-withholding and reclaim processing	U	U	A	U	A	N
Translate online local currency balance to base	U	U	U	U	U	U

PRICING AND VALUATION

Automated pricing interface
J.P. Morgan	U	U	U	U	U	U
FRI	N	U	A	D	A	A
J.J. Kenney	U	U	U	U	A	U
Reuters	U	U	U	U	U	U
Fair Value Pricing	U	U	U	U	U	U
Manual override prices from external services	U	U	U	U	U	U

Online viewing
Current prices from external sources	U	U	U	U	U	U
Historical prices from external sources	U	U	U	U	U	U
Permit exchange rates base to local	U	U	U	U	U	N

Manual entry
30-day rates	U	U	U	U	U	A
60-day rates	U	U	U	U	U	A
90-day rates	U	U	U	U	U	A
180-day rates	U	U	U	U	U	A
Cross-currency rates	U	U	A	U	U	A
Domestic prices	U	U	U	U	U	U
Local currency prices	U	U	U	U	U	U
Spot rates	U	U	U	U	U	U

Automated interface
30-day rates	U	U	U	U	U	U
60-day rates	U	U	U	U	U	U
90-day rates	U	U	U	U	U	U
180-day rates	U	U	U	U	U	U
Cross-currency rates	U	U	A	U	U	A
Domestic prices	U	U	U	U	U	U
Local currency prices	U	U	U	U	U	U
Spot rates	U	U	U	U	U	U

Automated calculation
Cross-currency rates	U	U	U	U	U	U
Forward contract interpolation	U	U	U	U	U	U

Information and reports
Different funds/price for one CUSIP	U	U	U	U	U	U
Repricing trades after a price change	U	U	U	U	U	U
Compare pricing sources and data	U	U	U	U	U	U
Matrix pricing	A	A	U	A	U	A
Pricing reports available prior to valuation	U	U	U	U	U	U
List of daily prices by fund online	U	U	U	U	U	U
List of changes in securities by fund online	U	U	U	U	U	U
Electronic reporting to outside service providers	U	U	U	U	U	U
Pricing with no other functions inhibited	U	U	U	D	U	U

Calculating NAV & offering price
Domestic funds	U	U	U	U	U	U
International funds	U	U	U	U	U	U
Automated CTCI NASDAQ interface	U	U	U	U	U	U
1-, 7- & 30-day SEC yields	U	U	U	U	U	U
SEC yield over any 30-day period	U	U	U	U	U	U
Recalculate historical NAVs in real time	U	U	A	U	U	U
Automated fund of funds processing	U	U	U	U	U	U
Report stale prices	U	U	U	U	U	U
Report prices entered manually	U	U	U	U	U	U
Online portfolio valuation reporting	U	U	U	U	U	U

INCOME AND AMORTIZATION

Security accounting/posting
Dividend payments	U	U	U	U	U	U
Futures variation margin	U	U	U	U	U	U
Interest payments	U	U	U	U	U	U
Mortgage payups/paydowns	U	U	U	U	U	U
Option expirations	U	U	U	U	U	U
Reclaims	U	U	U	U	U	U
Security maturities	U	U	U	U	U	U
Stock splits	U	U	U	U	U	U
Stock dividends	U	U	U	U	U	U
Tax with holding	U	U	U	U	U	U
Wash sale adjustment of cost basis	U	U	A	A	U	U
Daily interest variable/short-term/long-term securities	U	U	U	U	U	U
Daily interface for variable rate change	U	U	U	A	U	U

Discount accretion, straight-line method
Best call date	U	U	U	U	U	A
Explicit call date	U	U	U	U	U	A
Worst call date	U	U	U	U	U	A
Maturity call date	U	U	U	U	U	A
User-defined date	U	U	U	U	U	A

Discount accretion, scientific method
Best call date	U	U	U	U	U	A
Explicit call date	U	U	U	U	U	A
Worst call date	U	U	U	U	U	A
Maturity call date	U	U	U	U	U	A
User-defined date	U	U	U	U	U	A

Premium amortization, straight-line method
Best call date	U	U	U	U	U	A
Explicit call date	U	U	U	U	U	A
Worst call date	U	U	U	U	U	A
Maturity call date	U	U	U	U	U	A
User-defined call date	U	U	U	U	U	U

Premium amortization, scientific method
Best call date	U	U	U	U	U	A
Explicit call date	U	U	U	U	U	A
Worst call date	U	U	U	U	U	A
Maturity call date	U	U	U	U	U	A
User-defined call date	U	U	U	U	U	U

CORPORATE ACTION/CAPITAL CHANGES

Process domestically
Cash dividends	U	U	N	U	U	U
CUSIP changes	U	U	N	U	U	U
Exchanges	U	U	N	U	U	U
Full calls	U	U	N	U	U	U
Issuing rights/warrants	U	U	N	U	U	U
Maturities	U	U	N	U	U	U
Mergers	U	U	N	U	U	U
Name changes	U	U	N	U	U	U
Partial calls	U	U	N	U	U	U
Spinoffs	U	U	N	U	U	U
Stock dividends	U	U	N	U	U	U
Stock splits	U	U	N	U	U	U
Tenders	U	U	N	U	U	U
Unit splits	U	U	N	U	U	U
Liquidations	U	U	N	U	U	U
Return of capital	U	U	N	U	U	U

Process internationally
Cash dividends	U	U	N	U	U	U
SEDOL/ VALOREN changes	U	U	N	U	U	U
Exchanges	U	U	N	U	U	U
Full call	U	U	N	U	U	U
Issuing rights/warrants	U	U	N	U	U	U
Maturities	U	U	N	U	U	U
Mergers	U	U	N	U	U	U
Name changes	U	U	N	U	U	U
Partial calls	U	U	N	U	U	U

**=Not Reported
N=Not Available
U=In Use
A=Available
D=In Development