Integrated solution for your front, middle and back office operations
Multi-class and multi-series funds with user defined fund hierarchy
Flow through allocation of P&L components across fund hierarchy with support for class / series specific income and expense accounting
Calculation and reporting of daily NAV / GAV for the entire fund hierarchy
Multi-currency Fund Accounting
Asset classes and instruments – equity, equity derivatives, mutual funds, fixed income, structured products and alternative assets.
Multi-currency portfolio accounting with standard valuation methods – FIFO, Weighted average, LIFO, Highest cost, Lowest cost.
Base currency (functional currency) can be defined at the portfolio level. Aggregation across portfolios can be done in group/firm level reporting currency.
Cost basis in base (functional currency) and security currency with Price gain and currency (FX) gain bifurcation.
Accounting for trade, income and expense payable / receivables settlement with currency (FX) gain computation.
Corporate action processing – automatic processing of corporate actions pertaining to holdings, income and distributions across portfolios.
Full set of accounting reports including P&L and balance sheet and trial balance in fund’s base currency
Data interfaces and reconciliation with custodian.
Performance measurement consistent with CFA Institute’s Global Investment Performance Standards (GIPS).
Price gain and FX gain bifurcation with contribution analysis for multi-currency portfolios.
Rate of return calculation at all levels (portfolio, asset class, security type and security) using various GIPS recommended methods including daily valuation (TWRR), Modied Dietz, Modified IRR and XIRR.
Portfolio can be benchmarked with multiple benchmarks. Benchmarks can be bledned across indices.
Aggregation and drill-down options across hierarchies in the group level base (functional) currency.
Trade Order Management
Rebalancing and allocation tools.
Pre-trade compliance checks and limit monitoring.
FIX compliant order routing and trade capture
Fees and Billing
Comprehensive billing module for calculating administrative fees, management fees and incentive fees (profit sharing) with hurdle rate and water marking.
Distinctive, international standard reports supported by graphs and charts.
Multi currency reports with details in base (functional) currency and security currencies.