Fund Management
Fund Management is a cloud-native unit pricing and trade-processing platform for variable products and separate accounts in the insurance and retirement industry. It automates unit pricing and trade-instruction processes with transparent handoffs at each step, supporting mutual funds, alternative investments, and retirement products with comprehensive reporting and reconciliation capabilities.
Key Benefits
Automate Workflow
Help reduce operational cost by cutting down on time-consuming manual checks and verifications, uncertainty around daily pricing and trading cycles, and the cost of missed trades through a streamlined pricing and trade-instruction process. Calculates unit values for mutual funds, alternative investments, and retirement products with transparent handoffs.
Support Accurate, Timely Trade Instruction and Settlement
Automated processes are designed to reduce manual error and delay in trade instruction. The platform supports the trade lifecycle from order generation and aggregation through instruction transmission and settlement tracking, with monitoring and confirmation through supported channels to help teams keep positions accurate across supported investment products. Securities execution and settlement occur through the applicable fund companies and market infrastructure.
Accelerate Reporting And Improve Insights
Access a fully customizable suite of reports including STAT Schedule D and BA parts, GAAP audit reports, ledger data feeds, pricing tolerances, fee accrual reports, share reconciliations, and performance reporting. Analytics and reporting support fund-operations oversight, tolerance monitoring, and exception review.
Comprehensive Integration Capabilities
Integrate with 40+ administration platforms and NSCC/DTCC systems through established interfaces developed over 30+ years; available connections vary by platform. Web-based design enables convenient access from anywhere with advanced security options including two-factor authentication and automated IP address blocking.
What Makes It Different
Cloud-native architecture with proven track record: We serve 40+ clients with extensive experience interfacing with admin platforms and clearing systems, providing both self-service and fully managed service options.
Complete variable product support: Handles broad range of variable products including mutual funds, alternative investments, and retirement products (401k, 403b, 457 plans) within annuities and life insurance.
Automated processing across the daily cycle: Five-step automated workflow from mutual fund price processing through unit value calculation, policy administration integration, trade aggregation and instruction, and daily reconciliation.
Reporting designed for regulatory and audit support: A customizable reporting suite covering STAT, GAAP, and performance metrics is designed to support the carrier’s regulatory and audit requirements, plus security and access controls.
Flexible service model: Choose between self-managed pricing and trade-instruction operations or a managed service in which Zinnia performs agreed daily processing under the carrier’s oversight and defined operating controls, reducing the carrier’s overnight operational burden.
