November 2014 - Fax dealing partnership with Numen

Fundsquare signs partnership agreement with Numen

Removing inefficiencies from fax activity throughout the ordering process

After several months of preparation, we are pleased to announce that this month we signed a partnership agreement with Numen, a company specialising in the dematerialisation of industrial volumes of sensitive documents.

As a result, fund management companies now have a solution that allows them to automate their document management processes by transforming orders received via fax into structured electronic transactions.

In the fund industry worldwide, buying and selling investment funds is still largely a manual process and over-reliance on fax orders leads to considerable inefficiencies.

By eliminating these manual processes, Fundsquare estimates that possible savings resulting from automation at more than 30%. Other benefits include those arising from improved processing flows, lower risks and greater transparency for investors.

This is a complete service that includes transforming fax orders into electronic messages and  sending them in ISO format via secure networks.

If you are interested in our fax dealing solution, please contact Paolo Brignardello, Head of Product Management and Marketing (+352 28 370 528, [email protected]).

 

_{Published on: 28 November 2014}

Fundsquare News 14 - November 2014