Back Office Accounting Software (BOAS) – ITMinds – A Subsidiary of CDC (Central Depository Company)

ITMinds Limited offers a complete solution package to Asset Management Companies for their fund accounting needs which is backed by Back Office Accounting Software (BOAS). BOAS is a state-of-the-art application developed by our in-house team of professionals. Through BOAS, the back-office accounting function of AMCs is wholly transferred to ITMinds Limited enabling the AMCs to focus on their strategic investment decision making.

The BOAS has the following salient features for the benefit of AMCs:

Comprehensive ERP for Funds
Dealer wise investment limit authorization
Equity, FIS portfolio management including valuation, accrual and provisioning
Comprehensive Unit Management module
Integrated General Ledger
User maintenance and authority management

The software has dual verification process through save post mechanism to prevent any error or fraud. BOAS is linked with AMC and trustee module. This enables the automation of instructions from AMC to BPO Services and ultimately to trustee who affirms or rejects the transactions. If affirmed, the transactions are transmitted to bank directly. This reduces the risk and enhances the efficiency in the processing of transactions.

For more information

Get in touch with ITMinds by calling us at (92-21)111-111-500 or email our representative at
iqleem.zaman@itminds.biz

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