Fund Operations
ICI Operations is dedicated to improving the distribution, operational processing, servicing, and support of mutual fund products to better serve the needs of the industry and mutual fund shareholders. Areas of focus include:
- Transfer agent, shareholder servicing, and distribution support;
- Development and enhancement of mutual fund clearance and settlement services offered through the industry’s centralized utility;
- Mutual fund accounting and financial reporting;
- Audit and security valuation issues;
- Emerging technologies impacting the fund industry;
- Business continuity, data privacy and security;
- Cross-border and single country investment fund (i.e., global) operations.
Resources for Members: ICI Supports Multilayered
Security Approach to Cybersecurity Preparedness
ICI contributes to its members’ cybersecurity preparedness by offering
multiple complimentary initiatives.
Servicing and Recordkeeping
ICI Letter on CFTC's Proposal to Enhance Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations (pdf)
Sample Glossary of Investment-Related Terms for Disclosures To Retirement Plan Participants (doc)
Sample Glossary of Investment-Related Terms for Disclosures to Retirement Plan Participants (pdf)
Technology, Cyber, and BCP
Focus on Funds: ICI Expands Its Service to the Industry’s “Middle Office”
Rapid change in the fund industry means that the operational support provided by what’s known as the...