- Weekly, semi-monthly and monthly valuations for Fund of Funds, Managed Accounts, Single Manager funds
- Full co-ordination with various fund administrators to ensure the NAV calculations are accurate and published as per clients schedule
- Detailed procedure manuals prepared for every step of the valuation process
- Liaison with fund administrators / Custodians to obtain the daily cash reports
- Process daily cash movements to ensure up to date cash balances and follow up with respective parties to clear any open items / cash breaks
- Process daily trades in our clients’ accounting system based on the trade blotters / reports and trade notifications received from various underlying fund administrators
- Maintain a repository of all the trade related documents (Trade notifications, Contract notes, etc) in a uniform manner for easy client access
- Tracking of all trade related documents and follow up with underlying fund administrators on a regular basis and ensure trades are updated into the clients accounting system as per the latest documents
- We have extensive experience in processing trade movements pertaining to various products like hedge funds, stocks, private equity funds, LP funds and other derivative products like futures, options, etc.
- We also process all types of corporate actions including dividend distributions, capital distributions, series consolidation, fund switches and transfers, etc.
We carry out a fully reconciled valuation process by performing the below reconciliations:
- Cash reconciliation
- Investor / Shareholder reconciliation
- Position reconciliation
- Market value reconciliation
- Fees reconciliation
- Dues reconciliation
- Rebates reconciliation
- Allocation reconciliation
Fund / Portfolio Migration
- Our extensive experience in working with various fund administrators enables us to provide seamless deliverables to our clients even when they change their fund administrators
- Sound experience in portfolio migration tasks from one accounting system to another. Our solid understanding of the valuation process allows us to translate and perform the migration on to any system
- We manage the entire setup / migration process from your current system to the new one and ensure all your products are up to date
- We have excellent exposure to accounting platforms likes Webfolio and Packhedge
Invoice Allocation & Wire Transfer
- Allocation of various invoice expenses split across different portfolios. We also prepare wire transfer orders to be sent to designated parties of our clients accounts.
- We keep track of the executed Invoice payments and follow up for the missing payments with the respective parties.
- Reporting on NAV suspensions and fund liquidations, Contract notes…
- Proper handling of side pockets, suspended, liquidating and gated hedge fund positions