Mill7 software for Trust
Millogic provides a unique software solution designed for Trust offices. Within the organization of trust offices there are many specialized tasks. Mill7 does it all in one integrated tool.
Our clients use Mill7 all around the world: Amsterdam, Geneva, Luxembourg, Curacao, Hong Kong, BVI, Singapore, Cyprus. Large trust offices with many hundreds of Mill7 users rely on Millogic Software since 1989.
All the tools you need
Mill7 includes all the tools you need to support the daily activities of a trust office. Internal accounting, client accounting, time & billing, client information & compliance. Our fund software is used to service private equity funds and is fully integrated in our accounting software. All our software interacts with another making it one complete solution.
Accounting, Time & Billing
Client accountants quickly produce their annual reports with Mill7. Internal accountants create invoices based on fixed fees, time and disbursements. Quick tools for revaluation, interest calculation, consolidation, portfolio, and intercompany journals make Mill7 the most powerful accounting tool for the trust business.
Fund administration
Our software makes Capital Calls and Distribution notices a breeze. Your waterfall is completely automated and integrated in our accounting software.
A sophisticated client portal is developed for investors to login to their account and view all documents, capital calls, distribution notices and other messages related to their investments. This web based client portal is flexible and can be setup with your visual preferences.
Send documents and alerts by e-mail to the investors or the fund manager in just a few clicks.
A comprehensive dashboard presents an overview of all funds and details of capital calls and distribution notices per fund or investor.
Legal & Secretary services
Mill7 provides a complete database for trust info: Shareholders, Compliance, Work in Progress, Banks, UBO’s, Managing Directors, Tax Filing, and much more.
The integration with Relian and CDDS makes client verification a breeze. Our wizard functionality makes it possible to create workflow entry screens to generate reports like a Client Acceptance Form or ISI-form.
Linking your documents to your trust information turns Mill7 into a simple and fast document management system. Integration with an existing DMS using API, SOAP or web-services is easy too.
Management tools
Use the internet to share Mill7 with your clients: Share your reports, your client information and outstanding information.
Mill7 provides a management dashboard with powerful graphs: In- and outflow of clients, chargebility of users, compliancy, status of work in progress per account group, cashflow and much more.
Mill7 is implemented fast. Technical overhead costs are low.
Third party integration
Mill7 has standard integrations with third party software to meet the demands in your jurisdiction.
Standard integrations already made:
- Relian and CDDS (client verification)
- XML auditfile for XBRL software
- XBRL VAT and COC Netherlands
- Payment service by Mollie payments
- Transaction monitoring (Sepa , MT940, CAMT.053, iFile, BTL91 etc.)
Numerous integrations have been made in the past to integrate with existing software, do not hesitate to contact us about possibilities.
Accounting, Time & Billing
Client accountants quickly produce their annual reports with Mill7. Internal accountants create invoices based on fixed fees, time and disbursements. Quick tools for revaluation, interest calculation, consolidation, portfolio, and intercompany journals make Mill7 the most powerful tool for the trust business.
Legal and secretarial services
Management tools
Third party integration