The transition from direct to omnibus distribution has caused a sea change in how mutual fund companies and intermediaries manage their business.Mutual fund firms offload account servicing to sub-TA relationships, and compensate the distributor to take good care of their clients.Manual billing processes create operational risks. Rapidly increasing SubTA payments create financial risk for executives and trustees. Learn more here.
Monday, October 20, 2008
Awesome blog for TA systems
It's called Ronald Knecht Financial. I want to connect with this guy. I found an article that was particularly interesting about a TA Roundtable. In it, there is some incredible input from some real industry experts about where they see the future of TA going. There was an entire section in there about the European marketplace. I'm thinking that Fundix' ability to provide flexibly configured TA systems, delivered via a SaaS model may really help in Europe (particularly in Lux and Dublin).
Stay tuned for more.
Thursday, August 28, 2008
SaaS and the Enterprise Customer
Wednesday October 22nd 2008, 8-10am (registration at 7:30)
SaaS and the
The evolution towards SaaS deployment of applications to end users has become well established in specific application areas on the edges of the enterprise.
What happens as corporate decision makers consider this trend as it applies to application deployment inside the enterprise itself? Economic advantages include lowering or eliminating capital expenditure for licenses, hardware, and installation, low or no cost upgrades, matching expense to revenue through “pay for what you use”, and overall reductions in IT costs. It also opens up new opportunities for outsourcing non-core competency business functions, with in-house and outsourced parties working on a central data set.
At the same time, the computing world inside the enterprise presents unique challenges, including integration between systems, trusting a vendor with the security of your data, and customizing applications for your company’s particular business practices.
Come join us for an open dialogue with industry experts who are involved with wrestling with these issues. Bring questions as we begin to explore this new area together. If you have specific questions that you would like to be considered in the forum, forward them ahead of time to cpeppler@capnetix.com.
As moderator of the discussion, Charlie Peppler brings 25 years of experience designing, developing, deploying, marketing and supporting mission critical enterprise information systems in multiple industries, including advanced manufacturing, biotech, and financial services. Charlie founded Capnetix, which is presently bringing to market “Fundix”, a SaaS based Transfer Agency solution for investment management and insurance firms, third party administrators and custodians. Capnetix is delivering Fundix on a SaaS 2.0 platform, designed specifically for deploying back office applications in the financial services industry.
Friday, March 28, 2008
Looking for the connectors
The presentations were about how to get groups of people to collaborate virtually, allowing those inside a company (and it's firewall) to connect and do shared work with those outside the company, creating virtual teams of people. Human collaboration using virtual working tools is absolutely necessary, and is how people will get work done now and in the future. What I was looking for was the next step. After you get the teams of people to work together, how do you get applications to connect with one another, across enterprise boundaries?
I'm looking for the connectors. I know they're out there, and companies are using them, but they have not yet filtered down to the "best practices" (using consulting lingo) level, where companies can just "hook them together".
At the last company, we were using the older technology of using File Transfer Protocol (FTP), to pass data files between companies, and then parsing them into databases. It had the same effect of automating the flow of critical business data between companies, and it worked, but it was pretty clunky, and took a lot more code than should really be required to have "my computer talk to your computer".
We have these cool web services that we can build to securely expose APIs to other applications, and I'm looking for the people who are using these in production applications. We've prototyped using web services, but I'm looking for the experience of other companies that have used web services heavily in production, connecting them into automated business processes that transcend corporate boundaries, and have war stories that can help the rest of us learn about their strengths and weaknesses, and whether we need additional infrastructure (like a Tibco, or other messaging infrastructure) to do it reliably in production and for more real-time interaction between applications. This is going to be key for really being effective in linking the computing business flow.