System and method for processing data related to management of financial assets

A computer-implemented method for management of financial data relating to funds holding investments, comprising:

• accessing by a processor one or more data storage devices having fund expense calculation data, performing by the processor verification of the fund expense calculation data and storing in one or more data storage devices verified fund expense data;
• after completion of verification of the expense calculation data, receiving by the processor data relating to fund ownership, determining by the processor data indicative of fund trading requirements and storing the data indicative of fund trading requirements in the one or more data storage devices;
• after storing of the data indicative of fund trading requirements, permitting by the processor access by another system to the stored data indicative of fund trading requirements;
• permitting by the processor another system to store in the one or more data storage devices data indicative of instructions for trades consistent with the fund trading requirements;
• based on the trade instructions data, determining by the processor instructions for payment in settlement of trades and providing by the processor output data indicative of the instructions for payment in settlement of trades;
• and
• accessing by the processor accounting ledgers stored in one or more of the memory storage devices and updating by the processor the accounting ledgers in accordance with data from a current business day cycle.

A non-transitory computer-readable medium having a plurality of computer-readable instructions thereon, the instructions being arranged in the following plurality of components:

• an expense component, the instructions of the expense component, when executed by a processor, causing the processor to:
• access fund expense calculation data, perform verification of the fund expense calculation data and store the verified fund expense data in one or more data storage devices;
• a pre-trade component, the instructions of the pre-trade component, when executed by the processor, causing the processor to:
• responsive to receiving data relating to fund ownership, determine data indicative of fund trading requirements and store the data indicative of fund trading requirements in the one or more data storage devices;
• a settlement component, the instructions of the settlement component, when executed by the processor, causing the processor to:
• access data stored in the data storage devices indicative of instructions for execution of trades, determine data indicative of instructions for payment in settlement of trades consistent with the trade instructions data, and provide output data indicative of the instructions for payment in settlement of trades;
• and
• an accounting component, the instructions of the accounting component, when executed by the processor, causing the processor to:
• access accounting ledgers stored in one or more of the data storage devices and update the accounting ledgers.