About Netbasis

Netbasis is the Gold Standard for Cost Basis Calculation

Netbasis sets the standard for securities cost basis calculation. This user-friendly web-based application draws on historical security pricing data extending back as far as 1925 to quickly and accurately determine the adjusted cost basis of virtually any security traded in the U.S. – regardless of its history of capital changes.

Eliminate Cost Basis Headaches

Netbasis makes it easy to determine adjusted cost basis, even when securities have been held for decades and have a complicated history of associated corporate actions. It can calculate cost basis using as little detail as the year of a security’s acquisition, and instantly accounts for historical changes caused by stock splits, mergers, dividend reinvestments and all other possible cost basis adjustments.

Calculating cost basis with Netbasis is as simple as entering a few data items and clicking on “Calculate.” Using proprietary algorithms and rigorous data scrubbing, Netbasis provides adjusted cost basis almost instantly, accomplishing in seconds what could take days – or longer – with manual approaches.

Many Unique Features

Netbasis includes a number of valuable and unique features:

• Accounting for systematic investments, withdrawals, and dividend reinvestments
• Wash- and short-sale adjustments
• Adjusted total and per-share cost basis
• Adjusted number of shares
• Gain/loss characterization and sale proceeds
• Cost basis for remaining shares
• Absolute pricing look-up for equities and mutual funds
• Cash merger and “no-effect” merger information
• Allocation rate information for mergers and spin-offs
• Tax status of corporate actions
• Cost basis backtracking
• Birth-to-death dividend and corporate action look-up
• Equity mapping
• Fair market value for cash and stock mergers
• Return of capital
• Date of death valuation with 6-month alternative date
• Estate and gifting valuation

Offering brokers and dealers the functionality needed for immediate compliance with new cost basis regulations, Netbasis can serve as a powerful competitive differentiator that attracts new clients while offering the added benefit of improved productivity. It provides highly accurate cost basis calculations for a wide range of investment instruments, including:

• NYSE, NASDAQ and other major exchange listed stocks
• ADRs, closed-end funds, REITs, OTC securities (Bulletin Board and Pink Sheets) and UITs
• Mutual funds

Product Solutions

Netbasis offers a several product solutions, giving customers the flexibility to choose the option that best meets their needs:

Individual Transactions: Access to the web-based Netbasis or Netbasis Wizard can be purchased on a transaction-by-transaction basis. This is an ideal solution for the individual investor or financial services professional that needs adjusted cost basis, corporate action history and other relevant information for a specific security. Transactions may be purchased via credit card, either individually or in discounted, multiple-transaction packages.

Individual or Departmental License: Access to the web-based Netbasis application is also available through both individual and departmental license. An individual or departmental license is a cost-effective solution for financial professionals and government agencies that frequently make cost basis calculations, require historical corporate action information, and need access to historical security pricing and date of death and gift valuation. Licenses may be purchased for one or two years, and provide an individual user or department with unlimited desktop access to Netbasis, either through an intranet or the Internet.

Enterprise Solutions: Organizations with heavy transaction needs, or the desire to provide cost basis information to clients on an ongoing basis, can purchase an enterprise Netbasis license. An enterprise license provides all employees with desktop access to Netbasis, either through an intranet or the Internet.

Batch Solutions: With new regulations making accurate cost basis reporting more important than ever, Netbasis can be used in batch mode to provide high-volume reconstruction or verification of missing or questionable cost basis information. Netbasis can perform these operations on a one-time, periodic or ongoing basis, and can also provide year-end cost basis calculation for uploading into internal or vendor-supplied 1099 preparation applications.