GIS adds market timing feature to mutual fund software

PRODUCT UPGRADE| VENDOR ADDS MARKET TIMING ALERT TO MSHARE

HACKENSACK, NJ -- Investment accounting software vendor Global Investment Systems (GIS) has added a component to its MShare mutual fund transfer agency system to identify potential market timers.

The system alerts third-party administrator users when investors repurchase shares after redeeming them within a prior designated time period, and enables users to charge tiered redemption fees based on how soon investors sell shares after purchasing them.

According to John Bowen, GIS client relations

To continue reading...