fidusys for trust companies

Fidusys for Trust Companies

Infinite flexibility

Total transparency

Worldwide tailored access

Fidusys for Trustees

o  Overview o  Entity management o  Risk management o  Access o  Compliance o  Reporting (general) o  Integrated wealth reporting

(IWR)

Fidusys Overview

Fidusys Online is an infinitely flexible system for trust companies and family offices that creates a comprehensive controlled, completely transparent management environment. It instantly delivers the status of everything and the detail of anything including:

o  All documents and data

o  Emails and messaging o  Tasks

o  Decisions o  Take on

o  Roles

o  Rules o  Reviews

o  Assets & liabilities o  Risk calculation

o  Risk management

o  Compliance o  Integrated Wealth

Reporting

Fidusys Overview

Fidusys uses the latest technology to create a comprehensive management view of any trust company. Information previously scattered between multiple people (directors, managers, accountants, lawyers, compliance risk) and multiple sources (archives, emails, minutes, spreadsheets, systems, statements, reports) can at last be found in a single system.

Views are personalised for each user.

Key financial and other data can be imported automatically from administration systems and displayed wherever relevant. Every activity and information relevant to any asset can be viewed instantly.

Comprehensive reports can be generated on any device from anywhere.

Fidusys for Entity Management

Fidusys manages all client entities, from trusts to companies, partnerships and foundations. Each entity type can be configured exactly as required. Fidusys collates, connects and makes everything instantly accessible through multiple instant graphical displays.

All information in relation to every entity, role and asset is collated in any number of completely flexible templates.

All templates can be designed and amended by the user.


Decisions drive fiduciary structures and are at the heart of Fidusys.

Every important decision for every entity can be taken through the system’s online meeting function.

People, roles, assets, tasks and rules attach to decisions to ensure all information is considered and recorded before the process is completed.

All present and past decisions and associated data are easily accessed by authorised users; on any device from anywhere.

The minute book for every entity is automatically updated with completed decisions and supporting documents.


All roles of every types can be documented easily and regularly monitored. All connections at every level are easily viewed. Management has an immediate overview of the most complex networks of clients third parties and possible conflicts, new business partners or areas of business development.

All documents, emails, tasks, notes, comments, decisions and more are categorised and organised as required, bringing structure and instant accessibility to every relationship.

Fidusys for Risk Management

Whatever the client structure, Fidusys provides the tool for interactive management and oversight. Trust companies, foundations, partnerships, family boards or committees of all types can be managed in Fidusys with the same comprehensive approach as for managed SPVs.

Business protocols, investment policies, tax considerations and client family rules can be deeply integrated with management, ensuring that careful planning and advice is not left to gather dust in files on office shelves.


The unique design of Fidusys includes “handrails” (which are rules, risks or policies) which can be attached to anything; people, entities, roles, assets or types of assets.

All data in the system can be categorised in any way the user wishes.

When decisions are considered, all relevant issues are brought automatically to the fore through handrails – before decisions are made.


Rules developed by the trust company for take on, review or event-driven checks can also be operationalised in Fidusys through: o  Recurring tasks

o  Tailor made reviews with any content

o  Different review types o  Flexible, automated, risk calculation and entity

rating

Reviews can be managed online, with all data relevant to the review made available to any reviewer.

All past reviews of all types can be accessed with ease.

Fidusys for Access

The Fidusys approach makes it easy to:

o  Consider, review and meet best practice o  Integrate understanding with management

o  Review activity o  Obtain meaningful professional advice easily

o  Manage entities with remoter officers or directors

o  Report in any way required o  Engage with clients and advisers in new ways

Any executive, manager, family member or adviser can be given tailored access to any element of the system, from a single task to selected decisions, specific review workflow, group of entities or all SPVs under management.

Fidusys for Compliance

The system’s compliance module manages the most complex of structures and relationships easily, placing compliance at the centre of trust company business.

Compliance can be with law, regulation or with different clients’ family policies.

Any person with any relationship can be given an automated compliance status. The compliance status of the office can be reviewed instantly by any authorised user at any time.


When any decision is made by any entity all roles relevant to the decision are displayed together with their compliance status.

The compliance status of any actor in any role can be changed automatically or manually.

Automatic changes result from data changes on the particular actor or changes in others with a relevant role related to that actor.


Fidusys has been configured to work automatically with the World Check sanctions and compliance checking system. Automatically check the status of all those with a relationship to any client with any frequency or at any time.

Easily add fields of any type and description to any template at any time; making concerns over regulatory and reporting changes a thing of the past.

Fidusys Reporting

The in-built management reporting capabilities and graphical representations of Fidusys already make the system a powerful management tool. In addition to these capabilities and in line with the underlying ethos of infinite flexibility, Fidusys has a further range of reporting capabilities:

o  A popular approach is to connect Excel to the database (directly or as a regular extract) for the purposes of subsequent manipulation of data outside of Fidusys

o  An extension of the Excel approach is to create database queries using any of the commonly used query platforms, for example:

o  Crystal/Business Objects o  SQL

o  MS reporting services o  Customised output reports in Word, Excel or PDF formats can be built to meet client needs

o  API extracts from Fidusys to other platforms can be created as required, for example:

o  FATCA o  CDOT

o  CRS o  WorldCheck

o  Other administration, reporting

Fidusys for Integrated Wealth Reporting (IWR)

Fidusys delivers transparency in relation to all aspects of trust company business, including the ultimate ownership of assets.

Data on all assets and liabilities can be stored in the system tables using either automatic links to an underlying administration system or flexible and easy-to-use input / import forms. It can then be exported, analysed across multiple parameters, and eventually shown in charts and reports. Every asset and liability, owned by individuals, corporates or other entities can be automatically traced back to its ultimate owners or beneficiaries, even up through the most complex entity chains.

In this way, each manager, client or beneficiary can have a complete overview of his own asset allocation and the risks and opportunities involved.


Fidusys IWR brings transparency to the financial affairs of the family office. Analyse any key risk across any consolidated data for any entity through to any ultimate rightholder. Evaluate ownership risks by asset class for trustees of client families..

Automatically produce historical performance data for any category and combination of assets and liabilities by required parameters.


Consolidated Data for any kind of asset or liability can be analysed in charts and tables across more than 30 different parameters – all of which can take on an infinite possibility of values, which are configured easily

In particular, all values, expressed in the preferred output currency, can be calculated and sorted through the following parameters:

o  Asset Macrocategories (Financial Assets; Real Estate; Private Companies and Deals; Movables; etc..)

o  Ultimate Rightholders Names

o  Entities: Types (Trusts; SPV’s; LLC; etc…) and Names

o  Involved Counterparties: Types (Fin. Institutions; Other Vehicles;…) and Names

o  Geographical Risk (Countries; World’s Regions; etc..)

o  Currency Risk

o  Liquidity Risk (Pledged Collaterals; Commitments; etc..)

o  Asset Classes (Equity; Fixed Income; Cash; Alternatives; etc….)

o  Asset Types (Stocks; Mutual Funds; Bonds; etc;…)

o  Fin. Institutions Names

o  Financial Advisors Names

o  Asset Managers Names

o  Advisory Fees

o  Management Fees

o  Financial Duration (for both assets and liabilities)

o  Credit Risk

o  HF / PE Strategies

o  HF / PE Liquidity features (Notice days; Lockup Months; Vintage Years; Commitments; etc…)

o  Benchmarks

o  Property Types (Residential; Commercial; Prime; Hospitality; Farming Land; etc…)

o  Property Occupancy (Rented; Private Use; Mixed Use; etc;…)

o  Property Economics (Annual Rent; expenses; p/l; etc…)

o  Movables Types (Fine arts; Registered goods; etc…)

o  Movables risks and insurance values;

o  More customizable parameters….

Ask for a demonstration now and find out how Fidusys can make everything easier, clearer and safer

Or contact us:

Gianluca Di Lorenzo Integrated Wealth Reporting For Family Offices & Business Development Italy and Switzerland t: +39 3345024302 e: [email protected]

Robert Clifford Fidusys Limited Floor One, Liberty Wharf The Esplanade St. Helier Jersey JE2 3AS t: +44 1534 483271 e: [email protected]

fidusys for trust companies

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