PFS-PAXUS

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Overview

PFS-PAXUS is a specialist fund accounting and fund administration system that is the product of choice for administrators of both alternative and traditional funds across the globe.

An established market-leading product, PFS-PAXUS offers fund administrators a complete back-office fund accounting, portfolio valuation, fund pricing solution and shareholder recording keeping administrative solution on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.

PFS-PAXUS is revolutionary in that it integrates all the processes that are normally performed on multiple systems, including: securities portfolio, allocation system, general ledger, fee calculation, share registry, investor communications and web portal.

Benefits of this approach include increased efficiency, reduced risk of error, faster valuations, a simplified technical landscape and the ability to support complex investment structures whilst vastly reducing IT costs. PFS-PAXUS also brings all the benefits of a modern relational database design such as reliability and scalability.

The award winning PFS-PAXUS system supports wholesale fund administration and the administration of all manner of open and closed ended traditional and alternative funds, including hedge funds and private equity investment vehicles.

Key Features

PFS-PAXUS is a fully integrated fund administration system by design, with all components of the system consolidated within the multi-currency General Ledger. PFS-PAXUS accommodates all major fund structures and asset classes, offers multiple accounting and tax method options. PFS-PAXUS will produce intra-day valuations on demand, and will calculate both estimate NAV’s and final NAV calculations.

PFS-PAXUS is a specialist accounting and administration application system for the alternative fund administration industry. Within the fund administration industry the shareholder record keeping process goes by many different names; transfer agency, investor services, shareholder services, unit registry, share registry to name but a few. Regardless of title, PFS-PAXUS can be used to perform this function either as a fully integrated fund administration system or in isolation as a pure share registry platform as a functionally rich Shareholder Registry module exists within PFS-PAXUS.

PFS-PAXUS supports the entire private equity fund lifecycle, from initial commitment through to final distribution. All accounting processes are integrated within a PFS-PAXUS general ledger for financial reporting and accounting audit trail. PFS-PAXUS calculates all partner economic allocations, including re-allocation of management and incentive fees to the General Partner, and calculates management fees for multiple classes of investors. A functionally rich Shareholder Registry module supports the complex partner and commitment structures that exist, and automatically generates all limited partner correspondence, including capital call letters and statements, to each limited partner as required.

Key Benefits

An established market-leading product, PFS-PAXUS offers fund administrators a complete back-office fund accounting, portfolio valuation, fund pricing solution and shareholder recording keeping administrative solution on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.

PFS-PAXUS is revolutionary in that it integrates all the processes that are normally performed on multiple systems, including: securities portfolio, allocation system, general ledger, fee calculation, share registry, investor communications and web portal.

Benefits of this approach include increased efficiency, reduced risk of error, faster valuations, a simplified technical landscape and the ability to support complex investment structures whilst vastly reducing IT costs. PFS-PAXUS also brings all the benefits of a modern relational database design such as reliability and scalability.

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Product/Service details

User Suitability (Capital Markets & Investment Mgmt)
Asset Managers, Wealth Managers
Geographic Availability
Africa, Asia-Pacific, Caribbean, Central America, Europe, Middle East, North America, South America
Asset Class Coverage
Bonds, Commodities & Energy, Equities, Foreign Exchange (FX), Funds, Futures, Options and other Derivatives, Money Markets, Structured Products