Dion Global Solutions has developed an electronic interface between its Invantage solution and funds platform Cofunds to deliver STP for the dealing and administration of Cofunds holdings. The solution is now available to all mutual clients using Dions Invantage or Portfolio solution and has a very short implementation timescale.
Already live at Heartwood Wealth Management, the interface reduces both manual processes and rekeying of data exchanged between Cofunds and Dions Invantage solution. The connection offers a full service across fund execution, settlement, asset servicing and commission management.
(JDC)