BasisPro DOD
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BasisPro Inheritance

  • Step up inherited basis tracking

    A client inherits fixed income securities. You are tasked with tracking stepped up basis and interest accrued from the last coupon date up to the date of death (DOD). Tracking fixed income basis calculations can be tedious, time consuming and often extremely manual.

    Further, since many traditional outsourcing channels may not retrieve full stepped up basis data, the resulting basis gaps typically often require significant data chasing and manual reconciliations.

    BasisPro is available as a fully automated fixed income batch processing service to calculate, track and report fixed income inheritance basis and accrued interest calculations for most fixed income securities. BasisPro eliminates the headaches associated with missing or inaccurate fixed income calculations and DOD basis information by using advanced technology that rebuilds cost basis. And, with the ability to process thousands of daily transactions, this service is both fast and accurate.

    Fixed income bond inheritance

    BasisPro provides inheritance calculations for a wide range of fixed income securities including:

    • Government bond
    • Corporate bonds
    • Municipal bonds

    BasisPro also covers bond subtypes including:

    • Simple Bonds
    • Paydowns
    • Partial Calls
    • Variable Rates
    • Strips