Fund Services (WARP)



Key attributes

  • Main Distributor control
  • Creation of trade and settlement reports
  • Daily prices and net asset values are recorded
  • Orders are summarized, netted and management of rounding
  • Orders by distributorsare recorded and forwarded to the Main Distributor
  • Orders submitted to KELER account management system (FOP and DVP settlement)

WARP is an integrated investment fund order routing platform that directly links the fund manager, the distributor (selling the investment fund units), the custodian (in charge of making sure that the fund operates in line with the regulations and the fund management rules) and KELER that creates/cancels fund units and settles securities movements. Automation can help decreasing the execution times related to the sale of investment fund units, which result in fund managers can use investments more efficiently; and in the case of redemption investors receive their investments earlier.

WARP is aimed to support the distribution and settlement related activities of all the market players in the hungarian (domestic) fund business, The system handles open ended investment fund units issued with ‘HU’ ISIN prefix.

Should you have further questions please contact: 

Product Management

Mr Dániel Aradi
product manager
Business Development
Phone: + 36 1 483 6250