Contact us

LTI Canada’s Unitrax® Updates for June 2017: Experience enhanced business agility!

LTI Canada’s Unitrax®Investor Recordkeeping and Transfer Agency solution continues to be instrumental in supporting leading Canadian Fund Managers, Banks, and Insurance companies efficiently administer their Wealth products. Our robust platform is continuously enhanced with innovative and cost-effective solutions that ensure our clients are always in sync with the latest market trends.

With our June 17.3 update , we collaborated with our clients through IFIC FATCA/OECD CRS and CLHIA FATCA/CRS working groups to introduce solutions incorporating the latest industry standards and best practices.​

Key highlights of the latest release:​

  • Due diligence and administration support for the implementation of Common Reporting Standards (CRS), in order to facilitate automatic exchange of financial information
    • Includes features that help clients administer CRS and conduct due diligence, as well as changes to support Fundserv v27.2
    • Tools to customize descriptions for statuses and reporting as per client requirements
  • New features to support Preferred Pricing Programs, driven by funds’ need to introduce programs that are simple, easy to sell and administer
    • Introduces a new offering with features spanning product set up, trade placement, exception handling and client reporting
    • Includes a flag to identify funds that support negotiated fees for downstream reporting needs
  • Features enhancing automatic processing of segregated fund maturity and death benefit payouts
  • Enabling financial and non-financial updates for individual pension plans (IPP) through Fundserv v27.2.
  • Enhancing compensation features that support a range of models to align with innovate wealth products offered in the Canadian marketplace
    • Features related to commission split, including an ‘override’ option for authorized users
    • In-built interfaces and analytical tools to help generate downstream reports​​​