![]() PFPC offers an unbeatable combination. We combine top-tier service with superior technology that’s second to none. In fact, our 25-year successful track record of providing mutual fund custody services has helped us become one of the top mutual fund custodians in the country. We offer dedicated resources to our broad client base, including mutual funds, investment advisors, partnerships, institutions, insurance companies and trusts. PFPCs securities lending program is equally impressive. It offers fund clients an opportunity to generate incremental income on portfolio securities that would otherwise remain idle. This has resulted in successfully enhancing fund revenues while maintaining a low-risk profile. Currently, we have over $100 billion in participating assets. When you partner with PFPC, expect a world of difference. ![]() Custody Services PFPC maintains daily cash activity, processes trade instructions, disburses fund expenses and payments and produces a complete record of transactions and asset activity. Safekeeping/Security Processing PFPC settles purchases, sales and maturities of securities and handles the safekeeping and registration of all securities. We maintain separate accounts in the name of each fund client and we post income on contractual payable date in Fed funds. We create receipts and disbursements and collect and receive income for clients. PFPC facilitates the transmission of corporate action instructions, enables online inquiry, collects and distributes proxy information, issues control reports and monitors deadlines for efficiency. PFPC is committed to the quality delivery of services. We provide detailed monthly reports to our clients that measure service levels in every area. PFPC DataStation’s custody data warehouse provides more than 360 fields of core data, integrating information from its proprietary systems with non-proprietary data of its support network, including its global sub-custodians. Position and holding information includes security analysis, pending corporate actions, holding status and failed transaction detail. Transaction information includes historical transaction and receipts/disbursements detail.
Idle cash can be swept daily into one of several available money market investment vehicles.
Daily Electronic Interface with Accounting Agent PFPC provides cash and security information, reconciliations, corporate action information and interest and dividend data to the fund accounting agent via electronic interfaces. Foreign Exchange Execution and Processing PNC1 provides access to the execution of foreign exchange (FX) transactions in all major and most emerging market currencies through a 24-hour trading desk on-call from Sunday evening at 4 p.m. through Friday evening at 5 p.m. PNC can also arrange for wire transfers, foreign currency drafts, multi-currency accounts and foreign denominated collections. USD settlement can be made via Fed wire, direct deposit or ACH. Our clients save time, reduce errors and improve the overall efficiency of their FX trading operations. PNC PINACLE® FX allows funds to quickly and effectively initiate, approve and pay for a variety of foreign exchange transactions. With this system, direct dealing can be executed from your desktop PC or via the Internet. PINACLE FX brings you the power of straight through processing and integration of front- and back-office systems. 1Foreign exchange products are offered and conducted through PNC Bank, NA. Securities Lending Services PFPC offers both indemnified and non-indemnified programs, customized to client specifications. ![]() Management of Investment Collateral PFPC relies on a separate, affiliated company to invest the cash collateral within our program ensuring compliance with customer investment guidelines. PFPC offers detailed, daily reporting of all loan activity through PFPC DataStation, our data warehouse. We provide customized reports indicating profitability, spreads and collateralization information in your preferred format. Securities lending information includes details of all outstanding loans at the account level or security level, and mark-to-market details, as well as a full complement of back-end compliance reports. privacy policy | information request | site map
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Services Custody Safekeeping/Security Processing Daily Electronic Interface with Accounting Agent Foreign Exchange Execution and Processing Securities Lending Management of Investment Collateral ![]() |