Problem to solve

After obtaining the Investment Fund License, the company began to grow very quickly, so it needed to create a more sophisticated structure that would support the complexity and diversity of the operational processes of the funds administration of its clients.

What and how was it made?

Once the problem was identified, a Gap & Fit analysis was undertaken, where the operational processes and functional requirements were analyzed. Based on this information, a document was prepared indicating which requirements were going to be solved by our software platform and in which modules extra configuration and/or additional development would be required. As a result of the study, the scope of the implementation of Impact-iTech’s suite of products was determined, which included CAMS-iTech and IBS-iTech systems. This process allowed us, not only to identify improvements in the automation of internal processes, but also in the accounting and administrative management of investment funds. The agreed process facilitated that, through the implementation of our software, the company will not continue to incorporate resources or use manual tools (Excel spreadsheets, etc.) to perform complex calculations. The implemented system allows managing funds with different closures and multi-series of shares, performing the calculations automatically to get the NAV value of each of the series, supporting master-feeder structures, equalization and allowing a complete evaluation of the fund's portfolio. At the same time, the investment portfolio management part was developed, supporting fixed and variable and other complex instruments like options, futures and Swaps.

Thanks to this study, it was decided to implement the suite of products of Impact-iTech which included the CAMS-iTech, IBS-iTech, TIM-iTech and AM-iTech systems.

Go to Website

About Wintebotham

The Winterbotham Trust Company Limited ("Winterbotham") is a provider of banking, fiduciary and investment fund administration solutions which are complemented by the provision of tailor-made corporate and fiduciary structures. The company is originally from Nassau, Bahamas and has offices in Hong Kong, Montevideo, Cayman Islands and Puerto Rico, serving customers distributed globally.

The institution is regulated by the Central Bank of the Bahamas and the Securities Commission of the Bahamas.The bank operates in accordance with internationally recognized banking standards.They maintain correspondent banking and financial/investment partnerships with some of the most secure and esteemed financial institutions worldwide.

Obtained results

The integration of advanced technology systems enabled Winterbotham to adopt automated processes, resulting in significant reductions in both time and the required human resources. The implemented tools now facilitate the swift and efficient administration of over four hundred investment funds.