Convexus Managed Services Inc. provides third-party back office administration services for the investment fund industry. With over $5.5 Billion in Assets Under Administration (AUA) in over 65 thousand unitholder accounts, Convexus is a rapidly growing privately-held corporation with its head office in Thornhill, Ontario.
Toogood Financial Systems Inc. is a leading Canadian-based investment software developer and service provider focused on delivering innovative and comprehensive solutions to the global investment management community.
Convexus Managed Services Inc.’s core belief is that we are an extension of our clients. As an independent, privately-held company, our sole interest is to offer clients the best back office experience.
Convexus has partnered with Toogood Financial Systems Inc. to offer our clients with proven, reliable application service.
This partnership allows us to accommodate each of our client’s diverse administrative needs through a custom-designed, easy-to-use system environment. We also continually enhance and develop our Fund Administration system to meet our clients’ growing needs and the evolving market demands.
Our custom-designed Fund Administration system allows for daily fund operations and automated generation of daily NAV to save our clients time. In addition, we support extensive security coverage and accounting functionality to calculate gross assets and a sophisticated set of transaction types for automation of the accrual of fund expenses, delivering peace of mind.
Our clients can find all their information on a single system. Fund accounting functionalities are integrated with the Transfer Agency easing the task of calculating units outstanding from subscriptions and redemptions.
In addition, our system is integrated with FundSERV and FundCOM for seamless connectivity.
We understand that our clients expect timely responses and are committed to delivering accurate information and reports on demand.
Our clients can get historical and current “as-of” information and reports within minutes using our real-time and integrated platform for unithholder record-keeping, portfolio valuation, performance measurement and general ledger.
We know that our clients expect a secure and reliable service provider, so Convexus’s processes and controls are CSAE 3416 compliant. Annually, an international auditing firm performs an audit of our internal controls, conducting control tests are conducted and producing a formal Canadian Standard on Assurance Engagements Reporting on Controls at a Service Organization (CSAE 3416, previously the CICA s.5970).