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TRUSTprocessor
Add-On Module Overview

Interactive Data Interface

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FUNCTION:


The Interactive Data Interface provides an electronic import of data in three areas:
 
  • End of Day Market Prices as of a specified date (recent or historical)
  • Quality Ratings (from S&P or Moody’s)
  • Dividend Announcements
  For Market Prices, you can select which asset types to include:
 
  • Equities
  • Bonds
  • Municipal Bonds
  • Mortgage Backs
  • Options
  • Commodities
  These market prices are used throughout the system to calculate market values for positions and for account totals.

Quality Ratings import directly into the asset file for fixed income and stocks. These ratings are displayed on the screen and printed on the Asset Cross Reference Report.

The Dividend Announcements data feed sets the stage for accurate, easy calculation of declared dividends. Data items that are imported include: Ex-Date, Record Date, Payment Date and Rate.

For each pricing request, you can choose to include all assets or only those with missing prices for a certain date.

BENEFITS:

     The Interactive Data Interface adds value to the core system by …
 

  • greatly reducing the time it takes to research and enter prices and dividend information from external sources.
     
  • eliminating the opportunity for human error by automating the pricing process.
     
  • giving you full control over which assets have automated pricing. For each asset, you can specify the price type (or leave it blank for no automated pricing).
     
  • saving money by requesting prices or quality ratings only for assets that are held by your accounts as of the pricing date.

PREREQUISITES:

     
  • An agreement with Interactive Data for a Remote Plus account.
     
  • A live Internet connection on the workstation that you will use to run the module.

COMPLEMENTARY MODULES:

     
  • Dividend Mapping can use imported dividend announcements.
     
  • Fees Module needs market prices if fees are based on market value.
     
  • Market Value Calculator needs market prices as of the processing date.
     
  • Portfolio Modeling needs recent prices for most accurate calculations.
     
  • Statement Wizard needs market prices as of the statement date.