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.
- Report collation,sheduling and e-mailing.