PDF resource
CSSI Utilities
Fix the workflow without replacing the system.
CSSI utilities extend the investment systems your team already uses. They remove repetitive work from fee posting, portfolio carve-outs, and trade-file delivery without forcing a broader platform change.
Discuss a Utility- Purpose-built for a specific operational bottleneck
- Works alongside Axys, APX, Moxy, and QuickBooks workflows
- Product sheets available for technical review
QuickBooks
Post management fees and payments with reconciliation controls
CarveOut
Split and shadow transactions across portfolio accounts
Trade Extract
Format, validate, and deliver Moxy trade data
Choose the workflow
Three focused tools. Three concrete jobs.
Keep the core platform in place and improve the part of the process that creates the most friction.
QuickBooks Utility
Move fees and payments without rekeying the work.
The QuickBooks® 2.1 management fee utility connects Axys® with QuickBooks®. It posts fees and payments between systems, creates new customers, generates invoices, and processes payments while providing reconciliation tools to identify exceptions.
Accounts can be linked to existing QuickBooks customers or created automatically. Existing Axys data can populate standard or custom QuickBooks fields for a more complete handoff.
The CSSI QuickBooks Utility allows users to efficiently import invoices and payments into the system. Management fees and payments can be read from a portfolio management system such as APX or Axys, as well as other systems such as Revenue Center.
Trevor Keast, CSSI Senior Consultant
The utility handles fee posting and reconciliation
- Creates new customers in QuickBooks
- Processes Axys receivables as QuickBooks payment receipts
- Generates comparison reports for auditing results
- Includes a custom Axys fee payment report
- Provides a modified billing report as part of the base cost
- Includes a custom Axys comparison report for reconciliation
Product details
CarveOut Utility
Separate portfolio activity without multiplying custodian accounts.
CSSI's CarveOut Utility supports firms that need separate portfolio accounts and dedicated cash allocations without creating additional custodian-level accounts. It works directly within the portfolio management workflow and can reroute or shadow transactions based on portfolio rules.
Daily asset splitting, cash rebalancing, reconciliation, and account shadowing give the operations team control over how activity is allocated and verified.
The CarveOut Utility allows for the complete rerouting or shadowing of any transaction based on portfolio code, class, type, and symbol combinations. It also includes four custom reports that assist with cash rebalancing and maintenance of the carved-out portfolios.
Dale Honabach, CSSI Senior Consultant
Core processes
- Rules mapping for splitting assets across multiple portfolio accounts
- Custom reconciliation for rolling up individual accounts
- Advanced cash rebalancing on a daily or monthly basis
Supported transaction splits
- Expenses and management fees
- Cash receipts and disbursements
- Interest on cash based on actual balances
- Cash allocation verification to confirm 100% allocation
Setup requirements
- 01WebEx installation by CSSI specialists is included
- 02Understanding of portfolio reconciliation processes
- 03Knowledge of label management
- 04Familiarity with composite structure and rules
Daily workflow
- 01Download transactions from data exchange
- 02Process transactions in Dataport
- 03Run the CarveOut Utility on transaction blotters
- 04Import the resulting files
- 05Execute the custom CSSI reconciliation report
Initial setup does not include mapping, process review, or training. Those services are available separately.
Product details
PDF resource
CarveOut Utility Product Sheet
Trade Extract Utility
Turn Moxy trade data into the files each custodian expects.
The Trade Extract Utility connects directly to the Moxy® database, retrieves trade-related data, and transforms it into required file formats. Preconfigured templates support major custodians, and custom formats can be developed when needed.
The utility uses fields from standard Moxy reports and validates the resulting data before it is transmitted by FTP, SFTP, email, or another agreed delivery method.
CSSI's Trade Extract Utility produces custodial trade confirmations in a variety of formats. It includes pre-coded formats for larger custodians, supports custom formats, and can automate delivery by FTP, SFTP, or email.
Trevor Keast, CSSI Senior Consultant
Key features
- Direct connection to the Moxy database
- FTP, SFTP, email, and other delivery methods
- Preconfigured custodian formats
- Custom format development
- Validation controls for data quality
- Trade and order information uploads
Supported custodian formats
- CIBC Mellon
- Merrill Lynch MMS
- Morgan Stanley
- National Penn
- Northern Trust
- Smith Barney
- Wachovia
- Additional formats developed as required
Licensing
- Annual license with a 20% maintenance renewal fee
- Installation on an unlimited number of computers
- Requires the appropriate Advent Copy Number for Moxy
System requirements
- Software
- Moxy 6.0 or higher
- Framework
- .NET Framework 2.0
- Operating system
- Windows 7, 8, 10, or 11
- Server
- Windows Server 2008 or newer
Product details
PDF resource
Trade Extract Utility Product Sheet
Have one stubborn workflow?
Tell us which system you use and where the manual work begins. We will check for an existing CSSI utility and scope a different solution if none fits.
Talk to CSSI