Twenty-First Century designs, develops, markets and implements computer software packages for business applications. Twenty-First Century's basic mission is to provide companies with computer systems for more efficient operations and for better management decisions.
Twenty-First Century has four major product/service divisions:
- hedge fund software
- hotel software
- loan software
- partnership software
Hedge Fund Software
The HEDGE FUND SOFTWARE division's primary product, the PARTNERS SYSTEM, is a comprehensive administration system for hedge funds and syndicators of real estate, oil & gas, movie production, agricultural deals and other limited partnership organizations. It handles investor reporting, broker support, distribution payments, tax schedule K-1 reporting, escrow period processing, capital account reconciliation and management reporting. The system runs on personal computers, both single-station and multiuser networks.
Hotel Software
The HOTEL SOFTWARE division produces a comprehensive property management system for hotels, motels and resorts. Front office functions include reservations, guest check-in, front desk, guest check-out, night audit, housekeeping, property maintenance and general manager reporting. The internet reservations system lets guests book directly on the hotel's web site and updates the front desk database in real time, the call accounting system prices and posts guest phone calls to their folios, and the condominium management system tracks rental revenue and posts monthly fees for condominium owners.
Loan Software
The LOAN SOFTWARE division offers a series of products for loan origination, servicing, portfolio management and pipeline tracking, designed for mortgage banking companies, auto/vehicle finance companies and other companies with loan portfolios. The vehicle loan servicing system tracks loans on autos, trucks, RVs, boats and other vehicles, the internet access system lets borrowers view and print their current customer statement, and the investor performance tracking system provides performance statements, distribution checks and 1099 tax forms for loan company investors.
Partnership Software
The PARTNERSHIP SOFTWARE division's primary product, the PARTNERS SYSTEM, is a comprehensive administration system for hedge funds and syndicators of real estate, oil & gas, movie production, agricultural deals and other limited partnership organizations. It handles investor reporting, broker support, distribution payments to limited partners, tax schedule K-1 reporting, escrow period processing, capital account reconciliation and management reporting, and runs on personal computers in both single-station and multiuser network configurations.
TWENTY-FIRST CENTURY plans to develop more products for specialized vertical market applications. The product development strategy is a focused approach which targets specific vertical markets with a fully integrated set of functional applications.