Fund, Asset & Investment Management
Touchstone Group is the leading supplier of business management
software and systems for the UK and global Fund, Asset and
Investment Management sector, an industry that invests billions of
pounds annually.
With clients such as Hermes Fund Managers, Haymarket
Financial Services and many more, we are committed to
providing business management solutions and services that meet the
unique requirements of the financial services industry.
Touchstone works closely with many of the UK’s leading Fund
Managers and therefore understands the challenges they face. We
offer effective, easy-to-use software and solutions designed
specifically to meet the demands of small and large, UK and
international organisations.
Our portfolio of financial and business management software
solutions and services enables us to integrate and manage
every aspect of the back office function including planning,
budgeting and forecasting, accounting, procurement, cost management
and analysis ensuring our clients can respond quickly to
new and changing requirements.
Our Value Proposition
Touchstone provides solutions, including SunSystems and PROACTIS, that allow you
to:
- Allocate costs across multiple group companies and manage the
inter-company postings
- Provide understanding and visibility of costs and fee
arrangements with clients
- Produce weekly, monthly, quarterly and annual forecasts, with
KPI and reporting measures against budget
- Record transactions in any currency and report in any
currency
- Deliver industry-compliant management reporting including the
FSA returns
- Compliance with Solvency II (Risk versus strength of Balance
Sheet)
- Integration with many of the market leading front-of-office
solutions
Our solutions have many valuable features that would benefit any
Fund, Asset and Investment Management organisation; these
include:
Multiple Charts of Accounts & Reporting Structures
- Meet Head Office requirements
- Chart of Accounts and reporting with country-specific
requirements with mapping for consolidation purposes
- IFRS structures and reporting
Multiple Business Units
- SunSystems supports an unlimited number of business units
(Assets), each with their own base currency, and reporting
currencies and an unlimited number of transaction currencies
Reporting by Analysis Dimension
- Business Unit or Entity
- Cost Centre
- Department
- Fund / Asset
- Project
- Employee
Multi-currency
- True multi-currency functionality at the
transaction level
- Up to 4 different currency values per
transaction. Other systems typically have only two, the Base
Currency and the Transaction Currency
- Ledger revaluation function simplifies the
transaction of foreign currencies at the period end date and meets
GAAP requirements
- Monthly or daily conversion rate in any
currency
Cost Allocation & Recovery
- Inter-company allocations
- Allocations by value, ratio and
percentages
- Automatic inter-company transaction
balancing
- User defined allocation rules
Purchase to Pay & Employee Expenses
- Requisitions & Draft Purchase Orders
- Contract call-off’s and blanket Purchase Orders
- Automated electronic order approvals
- Full 3-way matching
- Supplier performance reporting
- Contracts Management & e-Sourcing
- Document scanning
- Employee Expenses and electronic approvals
- Credit Card imports and payment authorisations
Our solution covers all aspects of financial management,
including general ledger, consolidation, corporate
allocations, multi-currency, dual base-currency, fixed assets,
budget & forecast management, debtor management and collections
and extended procurement and expense management
functions.