General description of the business
Manar™
natively covers the four basic functionalities of a depositary :
SECURITIES SERVICES
The main job of a depositary is to ensure settlement and delivery operations, securities transactions and the holding of positions for the institutions for which it ensures their assets custody.
Controls and compliance
The depositary has the obligation to certify that the UCITS deposited with it complies with the characteristics that have been filed with the regulatory authorities. These characteristics relate to the nature of the securities, the sector, the investment zone, etc.
Asset Servicing
Today, asset management companies tend to outsource peripheral businesses such as asset management which can be outsourced to custodians. Operations that previously fell under the Middle Office are increasingly outsourced to the “Fund Admin Services” department of the custodians.
Web Portal
Real-time access to portfolios, securities and cash accounts, monitoring of corporate actions, coupons and redemptions, various reporting and real-time market data.
Product summary
MANAR™ Facing the challenges of the depositary/custodian
Intended for Custodians, our solution meets their needs in terms of custody and position-keeping, control & compliance and Asset Servicing.
Manar ™ offers an integrated Front-to-Back, modular, open and scalable solution ensuring broad functional coverage to meet your current and future needs.
Why Manar™?
