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SUBACCOUNTING: Services

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Subaccounting services.

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SUBACCOUNTING: Services
BNY Mellon Envision Financial Systems, Inc.
MAJOR SERVICE FEATURES
Document management and retrieval facilities
Electronic document imaging U U
Document & data on single screen U U
Automated document distribution U U
Character recognition U U
Instant hard copy output of images U U
Automatic faxing of images U U
Operational dashboard/control center U U
Financial control
Real-time updates to transactions U U
Trade or settlement date reconciliation U U
Cost basis accounting/performance
Cost basis reporting U U
Individual performance results U U
Account statements
Integrated across multiple services U U
SYSTEM CAPABILITIES SALES
Direct sales
Hold funds for check to clear U U
Override load level U U
Override minimum U U
Automatically calculate ROA U U
Access to orders by
Dealer’s name U U
Dealer’s branch designation U U
Rep number U U
Dealer confirmation number U U
NSCC control number U U
History of orders for
Two weeks U U
30 days U U
90 days U U
Unlimited U U
Letters of Intent (LOI)
On-line access to LOI U U
Automatic warning reports U U
System-generated letters U U
Escrow automatically calculated U U
Escrow automatically released U U
Purchase pick up for back-dated LOI U U
Multiple accounts and funds U U
Rights of accumulation
Link multiple accounts and funds U U
On-line display of ROA value/level U U
Contingent deferred sales charge
Aging of purchases U U
Apply liquidation to oldest shares U U
Calculate appreciation U U
Track exchanges U U
Commission statements
Paper U U
Computer tape A N
Transmission U U
NSCC Commission System U U
Trail commissions U U
Commission information on-line
By dealer U U
By branch U U
By rep U U
Calculate trail commissions
Based on “record date” U N
Average daily balance U U
Bonus rates by fund A U
Tiered rates by asset size
SYSTEM CAPABILITIES: ASSET ALLOCATION
Based on multiple plans U U
Across multiple accounts U U
Re-balance feature U U
SYSTEM CAPABILITIES: DIVIDENDS
Overlapping record/pay dates for
Dividend U U
Short-term gain U U
Mid-term gain U A
Long-term gain U U
Stock split/stock dividend U U
Return of capital U U
Daily accruals separately for
Dividends U U
Short-term capital gains U N
Long-term capital gains U N
Interest U U
Process offering price dividend and
Auto-calculate ROA discounts A U
Auto-calculate LOI discounts A U
Auto-pay commissions to dealers A U
Payment options
Generate cash distributions U U
Reinvest in same fund U U
Reinvest in another fund U U
Issue check in lieu of fractionals U U
Hold cash N U
Split cash and reinvest U U
Payment to multiple payees U U
Reinvest from non-IRA to IRA account A U
Reinvest from IRA to non-IRA account A U
SYSTEM CAPABILITIES: MAINTENANCE
Do routine maintenance changes
Record of date of the change U U
On-line history of changes U U
Cross-reference to source, image or microfilm U U
Hard copy journal of changes U U
Ability to key verify changes N U
Global changes to multiple accounts
Dealer main office changes U U
Branch office changes U U
Rep changes U U
Wholesaler changes U U
Territory reassignments U U
Account number changes U U
SYSTEM CAPABILITIES: EXCHANGES
Select accounts with phone exchange privilege U U
Select accounts identified by a timing service U U
SYSTEM CAPABILITIES: REDEMPTIONS
Select accounts with phone redemption privileges U U
Automatic transfer of proceeds via ACH U U
SYSTEM CAPABILITIES: TRANSFERS
Prevent out-of-proof conditions U U
Transfer by single transaction
From one account to many U U
From many accounts to one U U
Auto transfer options to new account U U
Consolidate duplicate accounts
Via transfer U U
Other automated means U U
Automatic match list U U
Automatic consolidation U U
SYSTEM CAPABILITIES: ADJUSTMENTS
Identify reasons for reversals U U
Periodic operator error statistics U U
X-reference to hard copy/microfilm U U
Corrections to transaction processing U U
Reverse/reprocess with trail/recalculations
Affected distributions U U
Dealer commissions U U
Gain/loss on transaction U U
SYSTEM CAPABILITIES: WITHDRAWAL PLANS
Make periodic payments based on
Prescribed dollar amount U U
Specified number of shares U U
Percentage of the account value U U
Prescribed number of payments U U
Life expectancy U U
Pay non-registered holders
Split among multiple payees U U
Use a payee for specific payments U U
Send confirm to registered holder U U
SYSTEM CAPABILITIES: BLUE SKY REPORTING
Report Blue Sky sales daily U U
Record/track registered amounts U U
Generate reports by state U U
Monitor state sales for oversold condition U U
System support external Blue Sky systems U U
SYSTEM CAPABILITIES: GENERAL REPORTING
Built-in writer for ad hoc reports U U
SQL database used for all data U U
Use of third-party SQL tools and writers U U
Database table to support third-party U U
Post reports to a website U U
Integrated user-defined report writer U U
SYSTEM CAPABILITIES: SECURITY
Restrict access to information based on U U
Program name or system function U U
Mutual Fund Complex U U
Fund U U
Elements of data U U
Broker/dealer U U
Representative U U
Operator identifier
Account Options U U
Record attempted sign-on failures U U
Record operator activity by terminal U U

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