"The newest version of Dynamo Enterprise is a unique and powerful product for the alternative investment marketplace," said Krassen Draganov, Netage CEO. "It is built on robust technologies that other industry vendors have not yet begun to implement and includes powerful new functionality that was designed with immediate results in mind. We are confident that hedge funds and private equity firms will see rapid and positive impact on user experience and adoption, investor communication, compliance management, reporting and fund performance.â
A key feature in the new release, the Mail Merge component, addresses the growing need for on-demand notification to investors and tax authorities as well as the forthcoming regulatory requirements for hedge funds. The improved mail merge functionality not only allows sending letters by email, fax or regular mail, but also creates and logs an activity in the Dynamo database related to all correspondence recipients.
InvestorDynamoâ¢ Enterprise users can also use a new component of the system â the Transactions Import Tool â to bulk import investor-fund transaction data from any fund administrator. By following industry conventions, the Transactions Import function ensures conformity to all transaction data requirements for onshore and offshore hedge funds.
Another focus of the version 4.4 release is the enhanced user interaction with Outlook through the introduction of a predictive linking toolbar in all Outlook messages, which highlights possible or existing relations to Dynamo items and allows the user to modify or auto-link them. Calendar integration and reminder settings have also been improved.
To further improve the reporting capabilities of the Dynamo suite, Netage upgraded the Crystal Reports presentation tool in the 4.4 release and added to an ever-expanding set of reports.