U.S. Bancorp Fund Services, LLC

May 01, 2017

Mike Castino

Mike Castino
Senior Vice President



For more information, please contact:
Mike Castino
Senior Vice President
136 South Washington St. Naperville, IL 60540
[email protected]

Since 1969, U.S. Bancorp Fund Services, LLC has leveraged the specialized experience across our organization to provide seamless service solutions for our clients regardless of the complexity and depth of their products. With more than 1,300 associates and offices around the globe, we are committed to leading the industry by focusing on premier technology and knowledgeable people to offer a complete suite of top-quality services.

As a comprehensive service provider for all types of exchange-traded products (ETPs), we understand the intricacies of every phase of the process. From product development and structure, to implementation and ongoing servicing requirements, our experienced team of professionals will walk you through the milestones, challenges and opportunities the world of ETPs has to offer. Regardless of type of ETP, including passive, active transparent and nontransparent, our network of experts and fully integrated ETP technology resources are standing by to keep you connected with the information that matters.

Focusing on data and leveraging experiences of fund sponsors, top authorized participants and the DTCC, we created a holistic automated platform called ETF-Fusion™. Combining the unique advantages of our two proprietary systems, Genius™ and DASH™, as well as the benefits of our full suite of Fund Accounting, Fund Administration, Transfer Agent, Custody and Distribution technology and expertise, this full-service, integrated solution provides you access to all ETP core applications and a real-time trading system with automated interfaces.

Genius™ is an integrated solution for your ETP processing that links all core applications into one central database. Our intuitive approach to ETP reporting increases efficiencies, offers transparent controls and provides competitive advantages to our clients. Genius offers a consolidated processing center for access to benchmark, fund and order data in one centralized platform. The fund’s PCF, IIV and in-kind trade files are transmitted and received between the fund’s records, DASH™, the DTCC/NSCC, the listing exchange and the fund’s custodian for CNS processing. Genius’ seamless integration between DASH, the fund’s books and records, continuous net settlement and custodians results in smooth settlements. Our accounting team manages both daily core accounting functions simultaneously with added ETP processing requirements.

To process orders quickly and securely, we created DASH™. Updated in real time, DASH allows all parties to understand their trade activity. Distributors, fund sponsors and authorized participants receive automated confirmations of the trade, and are able to quickly make and revise decisions via our online dashboard. DASH provides users with comprehensive and flexible reports in real time with an Excel-enabled Web query. It allows online management of both fixed and variable fees, as well as soft cutoffs on trades. We provide clients with impromptu holiday forecasting and automatically support regular and reverse splits. Additionally, our dedicated service teams can provide technical support and create login credentials for various users.

At U.S. Bancorp Fund Services, we combine the services of a large financial services organization with our highly personalized environment to give every client customized service solutions. Our comprehensive services are available either as an integrated turnkey solution or independently based upon our clients’ specific requirements. For more information about our alternative investment, mutual fund and exchange-traded fund services, please visit www.usbfs.com.


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