POOLED FUNDS MANAGEMENT

Pooled Funds Management (PFM) is an integrated system which manages pooled investment funds of local and regional governmental units and university trust funds. PFM captures and maintains detail account information for participants.

Using PFM, organizations with diverse, independent subdivisions can achieve the control and investment benefits  from pooling of investment dollars. For example, Pooled Funds Management  provides the ability for state governments to pool the funds of the governmental units within the state such as counties, cities, school districts, fire and police districts and other governmental subdivisions.

Pooling of funds provides opportunities available to larger dollar investments:

Centralized professional money management

Improved investment returns

Limited exposure to individual issuers

Spread of investment risk

These benefits are generally not available to smaller governmental units which have only limited financial resources for investment management. PFM allows you to realize these benefits while maintaining full accountability for the funds of each participating unit.

Pooled Funds Management can easily be Web-enabled or connected to customer networks, PC’s, call centers or other data delivery systems using Computrol's  eBASE® tools.

How PFM Operates

PFM supports online, real time entry of:

	Purchases
	Sales
	Transfers
	Adjustments
	File maintenance

Other standard features include:

	Periodic and daily income
	Withholding
	Fees
	Pre-authorized drafts
	Telephone exchange
	Income reclassification
	Systematic withdrawals
	Reinvestment
	Internal transfers
	Aggregate processing
	Market value inquiry
	Employer summary for group plans
	Check point preparation
	Exception item controls
	Correction processing
	System reporting
	Government reporting

Purchases and sales can be entered in dollars or shares.

A client may have multiple participant records if there are different rules regarding the account. The individual accounts can be assigned to the same plan or to different plans. An individual account can be assigned to only one plan. The account information is summarized at the participant level.

Reporting

Ad hoc reporting and customer correspondence are controlled by user-defined parameters. You can customize user reports, confirmations and statements.  PFM supports ACH processing and  interfaces such as general ledger and check reconciliation.

More Information

For additional information regarding Computrol’s Pooled Funds Management contact Computrol.

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