The purchase button has been added to each fund in order to make it easier for you to trade funds. We have also simplified the payment process and can now offer direct debiting for very most investors. Your local custodian will be able to offer you all of this via VPS Client Services.
VPS has over the last year upgraded VPS Client Services. The application now appears in a responsive design, and adapts automatically to computers, tablets and mobile phones. The new basic application presents new charts of holdings and transaction summaries.
During the first half of 2015, we have completed the improvements on the funds capabilities of VPS Client Services. The new fund module of VPS Client Services may be ordered by custodians who want to offer it to their customers. These are the main features:
- Completely new functionality for profile savings, gifts and third party savings
- A list of all your mutual funds with a purchase and sale opportunity on each mutual fund available directly from the dashboard
- Graphic presentation of the course of development of your portfolio
- A list of all funds available at the relevant custodian and ability to filter and compare mutual funds based on a wide range of parameters
- Purchase button added to each Mutual Fund
- Record of all agreements with the relevant custodian allowing for termination or alterations of agreements
- List of pending transaction enabling cancellations
- Ability to open several VPS accounts
- The pages for subscription and redemption include links to fund charts and key information about the fund.
As a part of the renewal of the fund module, VPS Fund Services has, in collaboration with EVRY, developed a new payment solution with automatic debiting for subscriptions and savings plans. Using traditional direct debiting will no longer be necessary for those custodians that are connected to the service and also utilizing a bank account with an EVRY bank. In this way we have contributed to an easier and more efficient payment process when trading in funds.