Fund Administration Services

Overview

Fund administration processes are highly manual, repetitive, and inefficient. They involve the manual retrieval and input of data from several different platforms and data sources by cross-continental teams. Data is often stored across several Excel spreadsheets and decisions are made over email, meaning data audit is lacking.

Key Features & Functionality

• Centralise data in one place with Appian's Data Fabric which unifies data from multiple systems to enable secure and easy access to enterprise data.
• Maintain fund financial records, tracking income, expenses, assets, liabilities and ensure regulatory compliance.
• Monitor and calculate fees and expenses associated with fund operations, such as management and performance fees.
• Streamline NAV calculation processes using an API for automatic unit conversion, and the fee management and notification, and publish results to company websites.
• A range of account types with varying levels of access, permissions and security, including secure access for third parties.
• Advanced auditing, rich reporting, and access to historical data, to enable compliance and continuous improvements.

Benefits & Business Impact

A structured yet easily adaptable, data backed fund NAV management solution that:

• Tracks complete transparency and tracability allowing for advanced auditing to ensure continued regulatory compliance.
• Provides a centralised view that allows all parties involved to collaborate inside a single platform that is specifically designed for your business needs.
• Generates analytics to enable effective data driven business management, identify inefficiencies, and track results against custom SLAs.
• Can be seamlessly adapted to your business needs and processes.
• Uses real-time conversion rates and tracks national holidays to ensure accurate calculations and no wasted effort.
• Collects and analyses valuable data to ensure future efficiency and improvements are realised.