Services & Products / Investment Industry

TRANSFER AGENCY SERVICES

Transfer Agency Solutions and Local Paying Agent Services (LPA) offered by Previnet S.p.A provide a wide range of investor administration services for both retail and institutional subscribers and fund shareholders investing in financial products distributed by both national and international product houses throughout Italy and Europe.

Transfer Agent and LPA Services are provided for a variety of traditional and alternative investment products: mutual funds, SICAVs, private equity, real estate and hedge funds. Services range from the registration of underlying subscriber personal and investment data, market regulatory reporting and product rule checking to cash and holdings reconciliation, complex commission handling to client and distributor correspondence.

Services are also available to those financial product houses wishing to distribute products within different national markets, using a single platform to manage underlying client portfolios. Previnet's service proposal guarantees that operating models remain in line with the specific requirements of each national market where products are distributed. It uses open architecture, guaranteeing maximum flexibility to best support market changes, whether in terms of distribution, product characteristics or new legislation.

LOCAL PAYING AGENT SERVICES (developed specifically for the Italian market)

Previnet S.p.a. has developed a consolidated Local Paying Agent Service range especially for Non-Italian domiciled funds and financial institutions looking to offer local paying agent services and distribution support services to Italian distribution networks and residents.

Services include:
· Investor personal data mgmt and order processing including Regular Savings Plan mgmt
· Product rule and local regulatory checks and controls
· Bulk trading with Global Transfer Agent and Custodian Bank
· Commissions handling
· Share Register services
· Distribution network support services
· Cash and holdings reconciliation and order settlements
· Tax calculations and declarations, reporting to regulators
· Client and distributor correspondence
· Mgmt of extra ordinary events such as fund mergers, repackaging and dividend distribution

TRANSFER AGENT SERVICES

Previnet S.p.a. has developed a consolidated Transfer Agent Service range especially for Italian domiciled funds and Alternative Asset Classes and funds such as private equity, hedge and real estate funds being distributed in Italy and Europe.

Services include:
· Investor services including investor profile registration
· Order processing including Regular Savings Plans and settlements
· Product rule and local regulatory checks and controls
· Daily price and Fx rate registration
· Mgmt of events such as dividends, capital calls and repackaging
· Cash and holdings reconciliation
· Commission Mgmt
· Comprehensive Reporting
· Tax calculations and declarations, reporting to regulators
· Client and distributor correspondence