CGiX Solution
Due to the underlying securities taxation data service, CGiX is capable of accurately building the corporate event history on a portfolio of securities with only acquisition, disposal and optional event details required as a starting point.
Product Description
Typically the CGiX data service is used to validate the corporate event history provided by clients, as this enables the reconciliation and adjustment of costs against all UK quoted corporate events since 1982 and a broad range of international since 1998.
The system retains the portfolio history in its administration database and can produce reports on a daily, monthly, annual or ad hoc basis. CGiX is capable of dealing with any assets liable for CGT ranging from stocks and shares to land.
1. The Software, comprising:
- UK CGiX Calculation Engine and Database Management Module
- CGiX Maintenance and Reporting Module
- The Reconciliation Module
- The Import/Export Management Module
- Investment Accounting system interface (back-office)
- Batch/Real-time interface to CGiX
- Import exception maintenance and reporting
- Real-time decision support (front-office) system Interface
- The CGT What If/Decision support module
2. The Data, comprising:
- UK corporate events database
- Corporate Event daily data update service
- UK CGT legislative database
- London Stock Exchange Licence end-user for SEDOL master data
- End-user licences for Securities Data and International coding system
3. System Support and Upgrades, comprising:
- Maintenance and support of software
- Maintenance and support of corporate events and legislative databases
- System upgrades (Major annual release, minor bi-annual release)
- UK CGT legislation database upgrades
- On-line support logging, tracking and reporting
This diagram demonstrates how CGiX works in relation to a client's existing Investment Management System. FSL offers an array of methods to efficiently migrate our clients' portfolios onto CGiX, all of which we skillfully support.
