Ucits

www.milessoft.comwww.funds-axis.com

August 2011

MONEYWARE FUNDWARETM

Comprehensive Investment Compliance Monitoring Solution

http://www.milessoft.com/



• Supports multiple currencies and asset classes

• Portfolio modeling with multi level hierarchies

and classifications

• Flexible reporting

• Comprehensive Audit Trail

• Integrated Rules Libraries – UCITS, NURS, QIS,

QMMF, PAIFs, FAIFs

• Regulatory & Mandate compliance

monitoring

• Robust compliance and risk management

• Efficient handling of regulatory restrictions

• Improved Transparency

• Supports Conventional , Islamic, Private

Equity, Hedge and UCITS IV funds

MoneyWare FundWare is a sophisticated, flexible technology solution that seamlessly integrates and automates the asset management lifecycle

Business BenefitsKey Features

Overview




System Overview

Holdings Files

Files from Custodians, Fund Accountants

Rules Libraries

(UCITS, NURS, QIS, Short selling etc)

Compliance Reports

FundWare

Rules Engine

ExchangeCounterpartiesCountriesOthers

Master Configuration

Funds Setup

12

4

5

6

Security Data

Bloomberg, Reuters & Third Party Providers

3




Masters Configuration

Asset classes supportedFund Master

• All Fund data• Manager, Umbrella, Scheme, Domicile, Type etc• Each funds eligible market list and GAPS > 35%

list

Security Master

• All Security reference data• UCITS Eligibility data• E.g. Funds –

• open / closed • is UCITS?• 10% in other funds etc?

Issuer Master

• Issuer, Parent Issuer & Ultimate Parent• Issuer domicile• Issuer credit ratings• Issuer sector

Derivatives Master

• Underlying• UCITS Eligibility• Tick size, tick value, contract months etc

Counterparty Masters

• Credit Rating• Approved UCITS OTC Counterparty – 5%, 10%• Approved deposit taker

Index Masters

• Index – UCITS eligibility, diversification etc• Components, including weightings

Exchange Master

• UCITS Eligible Market• Central Counterparty etc




Securities Data

Published list of all required data fields

Bring in data from multiple data sources

Flexibly add new data attributes, optional master data mapping etc

Data scrubbing / validation controls

Custom designed data quality query reports

Easy securities data maintenance plus audit trail.

Telekurs (Optional)

Integrated data feed from Telekurs also available. (Securities, Issuer, Credit Ratings & Sectors)

UCITS Asset Eligibility Check + de-composition report




Holdings & Transactions

Transactions and / or Holdings

Published list of holdings attributes required

o Including for different derivative types

Multiple import files capability

o Fund accounting, custody, stock lending, collateral, trades




Rules

Comprehensive Rules Wizard

Easy coding – e.g. for look through of derivatives

“Warning” limits

Range of pre-defined rule libraries also available

o Regulatory Rules

o Common Mandate Results

o Data Quality Rules




Rules Libraries

UCITS investment compliance monitoring

All UCITS Rules

Derivatives global exposure & counterparty risk

Master / Feeder

Liquidity Risk Monitoring

UCITS Internal Risk Limits System

Fully documented by Funds-Axis, including:

o Rules, fund attributes, data attributes, exposure calculations, defaults

To also include: NURS, QMMF, QIS etc




Rules Libraries

Global Regulatory Disclosures

Supports comprehensive monitoring capabilities for global regulatory investment disclosures for

over 50 countries

Includes compliance for

o European Union Transparency Directive limits,

o Reporting for U.S. Section 13D, 13G and 13F

o Global short selling rules

o Takeover disclosure rules such as UK Takeover Rule 8, foreign investment limits and sensitive

sector rules




Reporting

Flexible range of reports available

Report wizard for business users to build reports ad-hoc

Save templates for “favorites”

Covers whole system, including Audit reports

Report scheduler available

HTML Reports can be integrated into clients web portal

Integrate with Business Objects, Crystal, Dashboards etc.

Published API




Technology

Integrated with Active Directory Services

SWIFT & FIX Protocol compliant Trade Order Management System

Application Framework : Microsoft .NET 4.0 Application

Application Server : Windows 2008 Server Standard / Enterprise

Database Server : Microsoft SQL Server 2008

Technology Partnerships

Gold Certified Microsoft Partner (Independent Software Vendor)

SAP Business Object Partner

MoneyWare FundWare is a robust and highly scalable web browser-based solution. No client / PC installation required.




Delivery Options

Implementation Options - Installed, Hosted (Platform-as a Service – PaaS)

o Miles’ Hosting environment or Client’s selected hosting environment

Technology solution or Managed Service Solution (PaaS +)

oData management, rules management, breach management etc

Easy integration with clients web architecture.

Published API

Data sources – client data or integrated data feed




Delivery Options

Implementation Options - Installed, Hosted (Platform-as a Service – PaaS)

Miles’ Hosting environment or Client’s selected hosting environment

Technology solution or Managed Service Solution (PaaS +)

Data management, rules management, breach management etc

Easy integration with clients web architecture.

Published API

Data sources – client data or integrated data feed




About Miles




Miles Overview

Founded in 1999 by professionals from finance and technology space.

Over 250 customers across leading financial institutions in India, Asia Pacific, Middle East & Europe.

Diverse clientele includes private banks, asset management companies, brokerage firms, wealth

advisors, financial institutions and family offices.

Established market presence in Indian asset and wealth management space (8 out 10 PMS license

holders and 6 out of 10 WMS installations are our customers).

Suite of products include solutions for Wealth and Portfolio management, Leveraged portfolio

management, Custody and Fund management.

Zephyr Peacock & Lighthouse Funds together hold 30% of current shareholding.

Microsoft Gold Certified Partner as an Independent Software Vendor (ISV).

Delivering Technological Excellence in Asset and Wealth Management




Milestones

Founded Milessoft with MW Retail and entry in PMS space

Foundation

•Moved to Enterprise space

•International Installations• Launched WMS Suite

Consolidation

•Development of new products – SBL, Custody, Fundware

•Expanded client base to 250+

Expansion




•Insightful Thought leadership in financial services industry

•In-depth understanding of asset and wealth management

Rich Domain Expertise

•Robust functionality and modular scalable architecture

•Seamless integration with multiple business applications

Scalable and Integrated Solutions

•Ease of adoption of new business processes

•Ability to support multi-scale operations

Improved Flexibility and Innovation

•Ability to productize emerging business requirements

•Prompt service and ongoing support for business continuity

Customer First

•Fast time to market of new offerings

•Lower operational risks & costs

Maximized ROI

•Adherence to industry standards and ethical work practices

•Well defined project management & implementation process

Quality Processes

Miles DNA – Building Value through Excellence




Miles Product Suite

MoneyWare is the flagship product suite comprising comprehensive and integrated wealth and asset management solutions to accelerate business performance




Global Installations

UAE

HONG KONGOMAN

SINGAPORE

CANADA

MAURITIUS

INDIA

UNITED KINGDOM

USA




Clientele: Domestic Installations

Partial List *

India's second-largest bank with total assets of Rs. 4,062.34 billion (US$ 91 billion)

Third largest private sector bank in India

Joint venture between DSP & Blackrock and a leading global fund house

Leading global wealth manager, and UK's largest, with total client assets of £169.5bn

World's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide

One of the leading wealth management, capital markets and advisory companies in India

Headquartered in New York City, the company reports over US$779 billion as assets under its management

An American multinational bulge bracket investment banking and securities firm

Serves over 85 million private, corporate and institutional clients in over 40 countries




Clientele: International Installations

Partial List *

(Muscat )With assets worth over RO 1.5 billion, Bank Dhofar is one of the fastest growing banks in the Sultanate of Oman

(Dubai) Leading Swiss private bank based in Basel, Switzerland.

(London) One of India's leading banking and financial services groups, offering wide range of financial services

(Mauritius) CIM provides a comprehensive range of asset management solutions

(Portland) A leading global wealth advisory firm that delivers independent investment management solutions to wealthy families and individuals

(Singapore) UTI AMC, largest retail asset management company in India, has more than 10 million investor accounts worldwide

(Singapore) With a market share of 21 percent, Deutsche Bank is the largest foreign exchange dealer in the world

(Singapore) Private equity firm with over $2.6 billion aggregate annual revenue and $460 million in transactions and growth capital

(Singapore) Specializes in Investment Advisory & Asset Management for institutional & private investors

(Toronto) Specializes in the implementation of client-centric wealth management solutions across all major sectors of the financial service industry




Steve Canter Managing Director for Zephyr Management, L.P. Chairman and CEO of Dreyfus Corporation and Vice Chairman of Mellon Financial

Corporation for 35 yrs. Global CEO for companies such as Kleinwort Benson, Hutchins Institutional Investments

and Chase Investors Management

Mukul Gulati Managing Director for Zephyr Peacock India Fund Held several leadership positions with leading financial information firms including Multex,

Reuters, Market Guide (pioneer in the area of financial publishing on the internet.)

Mukund Krishnaswami Managing Partner for Lighthouse Funds Associated with companies like Mckinsey, Lehman, SAI Investments, Mon Cheri Bridals

and RCG Management.

Board of Directors




Deepak Ghaisas Former Vice Chairman of i-flex Solutions Ltd. (now Oracle Financial Services Ltd) and

one of the founding members of i-flex Solutions Ltd Expertise spans across business management and management accounting; techno-

legal-commercial areas of information technology, risk management, corporate governance, legal affairs, and contract negotiations

Recipient of the CFO Asia Award in 2001, the first ever Indian to win the award

NRK Raman Former MD & CEO, Oracle Financial Services Software Ltd. Prior role was as Chief Operating Officer responsible for development strategy, global

delivery of products and services divisions and managed all aspects of operations, including human resource development, process and quality management

Served as one of the key leaders in directing technology strategies and goals for strategic business units in the company.

Advisory Board




Bhaskar Iyer Chief Delivery Officer Over 30 years of rich experience in the BFSI domain spanning across Product Management,

Solution Architecting, Delivery and Program Management and Customer Support Management

Has been associated with Infrasoft Technologies in the past for 12 years

Management Team

Milan Ganatra Founder and CEO First Generation Entrepreneur with over two decades of hands-on experience in the

financial services space Deep domain knowledge on wealth management and experience in technology

Sandeep Presswala Executive Director Over two decades of business experience in capital markets in wealth management,

brokerage, corporate banking, NBFCs With the IL&FS group for over 12 years and as part of core team successfully set up and

built a 14 bn value business that was sold to HSBC




Management Team

Pradeep Paliwal Chief Technology Officer Technology professional with more 17 years of experience in technology project

management & product development Has been associated with Accenture and Polaris in the past

Dhawal Kamath Products - Investment Management Wide experience in Software planning and development, system analysis and system

design Pivotal role in adoption and incorporation of new technologies to the product suite

Hemanshu Siria Development Operations - Investment Management Heads the development operations for all investment management solutions Passionate about technology and is involved in researching and creating the learning

architecture for the organization




Management Team

Sandeep Lalwani Business Development 20 years of rich experience in leading marketing and strategic growth initiatives of

software solutions organizations in Asia Pacific and Europe Has worked with Wells Fargo, H&R Block, Standard Chartered Bank, Deutsche Bank,

Bankers Trust, and Citicorp

Ashish Bajaj Products - Custody & Fund Management Over 14 years of experience across in IT Exploration & Application Development,

Program & Product Management. Previously CEO at Infoton System & Services Pvt Ltd.

Akash Anand International Business Post Graduate in Business Administration with over 15 years of experience with various

leadership roles in Private Banking, Asset Management, Life Insurance and Business Management

Was previously associated with TATA Asset Management overlooking their international business division

Rakesh Sakaria Chief Financial Officer Has over 13 years of experience across diverse industries. Has worked with large Corporations such as Essar Group, McDonalds, Tata Group




Why Miles – Vendor Reliability

Contracts to abide to laws of United Kingdom

Escrow Account in UK for Source Code Safety

UK Presence – Local partnership with Funds Axis Ltd.

Comprehensive documentation of all the UCITS rules.

Guaranteed Results through Proof of Concept

System Documentation / User Manuals / Publish API’s

Reduced time, cost and risk of implementation

Trusted by 250 customers globally




About Funds-Axis




Placeholder text

Placeholder text

Overview




Regulatory expertise

Documented Rules Libraries

Expertise supporting global implementations

End-user perspective

Domain Expertise

Why Funds-Axis




MoneyWare FundWare Roadmap




FundWare Roadmap

Completion of UCITS Law Cards functionality

Publish New Rules Library

Enhance Multiple Data Feeds configuration

Real-time Integration Automation

Configurable Report Scheduler

Database Migration to Oracle

Platform As A Service PLUS (PAAS +) - Monitoring Services




Miles Software Solutions Pvt. Ltd.B - 801, Trade World, Kamala Mills, Lower Parel (W),Mumbai - 13 T: +91-22-66518400

Miles Software (ME) FZELevel 9, Monarch Office Towers, 1, Sheikh Zayed Road , Dubai, UAE T: +971 (4) 5096649

E: [email protected]

Contact Us

Funds-Axis Limited31 Southampton Row,London, WC1B 5HJT: +44 (0)800 783 67 91

E:[email protected]

E: [email protected]



mailto:[email protected]




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