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Solutions calculating NAV (Net Asset Value) and managing other accounting functions for investment funds and managed accounts.

Every feature we track for Fund Accounting Systems products, with a description of what each one means.

Tools enabling communication, distribution of results, and data to clients, auditors, and other stakeholders.

Automated Email Distribution: Automatically emails reports and updates to designated contacts.
Client Portal: Web-accessible portal for clients to view data and reports.
Digital Signature Support: Allows documents and approvals to be digitally signed and tracked.
Document Management: Central repository for client statements, confirmations, and legal documents.

Built-in compliance checks, controls, and support for internal/external audits.

Archiving & Retention Policies: Helps ensure data is retained in accordance with regulations.
Automated Alerts/Notifications: Real-time alerts for breaches and compliance incidents.
Configurable Compliance Rules Engine: Users can implement custom compliance rules and checks.
Exception Management: Captures and manages exceptions or out-of-policy transactions.
Regulatory Change Management Tools: Built-in tracking and alerts for upcoming regulatory changes.

Essential functions and modules required to process, book, and manage the fund’s financials in the brokerage environment.

Automated NAV Calculation: Automated computation of Net Asset Value for funds at scheduled intervals.
Corporate Actions Processing: Handles corporate actions like dividends, splits, and mergers, and posts them appropriately.
Double-entry Bookkeeping: Ensures accurate accounting through a double-entry ledger system.
Historical Data Storage: Stores historical fund and transaction data for audit and reference.
Income and Expense Accruals: Provides for the automatic accrual and recognition of income and expenses.
Multi-currency Support: Ability to process transactions and maintain records in multiple currencies.
Real-time Position Keeping: Maintains and updates fund positions in real-time as trades are processed.
Reconciliation Tools: Automated tools to reconcile internal records with external statements (brokers, custodians, banks).
Tax Lot Accounting: Manages cost basis at the lot level for tax compliance and reporting.
Trade Matching and Settlement: Supports matching of trades and manages settlement cycles.

Features supporting data exchange and workflow integration with other systems in the brokerage environment.

API Availability: Provides APIs for secure data integration with external systems.
Batch Processing Speed: Time taken to process large transaction or data batches.
Data Import/Export Tools: Bulk upload/download tools for transactions, prices, and reference data.
FIX/Swift Support: Ability to send/receive trades and settlement messages using FIX and SWIFT protocols.
Reconciliation Feed Interfaces: Interfaces to import statements from banks, custodians, or brokers.
Reference Data Integration: Connects and synchronizes with external security reference and pricing data feeds.
Straight Through Processing (STP): Supports automated data flow from trade capture through settlement.

Features ensuring the solution can scale and perform well as volumes or complexity increase.

Concurrent User Support: Maximum number of simultaneous users supported reliably.
Data Processing Capacity: Handles large datasets and high-frequency transaction environments.
Latency: Average response time for user and batch operations.
System Uptime SLA: Guaranteed system uptime.

Range and depth of investment products and financial instruments supported by the fund accounting system.

Derivatives Support: Manages derivatives, including futures, options, and swaps.
Equity Support: Ability to account for listed and OTC equities.
Fixed Income Support: Handles bonds, notes, and other fixed income instruments.
Forex Instruments: Processes and accounts for spot and forward FX transactions.
Mutual Funds & ETFs: Handles holdings and transactions in open- and closed-end funds and exchange-traded funds.
Private Equity & Alternatives: Supports accounting for alternative asset classes such as private equity, hedge funds, and real estate.
Structured Products Support: Ability to account for investment in structured notes or products.

Features that enable transparency, regulatory compliance, and client reporting.

Audit Trails: Maintains comprehensive logs and audit trails of system activity and transactions.
Benchmark Comparison Tools: Provides comparative analysis of portfolio performance versus benchmarks.
Custom Report Generation: Allows creation of custom financial and portfolio reports.
Dashboard Visualization: Graphical dashboards for at-a-glance summaries of key data.
Drill-down Data Analysis: Enables users to drill into data at transaction and portfolio levels.
Export Options: Exportable outputs to common formats such as CSV, Excel, PDF, and XML.
Regulatory Reporting Support: Pre-built templates and export tools for regulatory filings (e.g., Form N-PORT, AIFMD, Solvency II).
Scheduled Report Delivery: Automated scheduling and emailing of reports to stakeholders.

Capabilities and characteristics ensuring continual operational availability and improvement.

24/7 Technical Support: Access to technical support around the clock.
Disaster Recovery & Backup: Automated and tested disaster recovery and backup protocols.
Implementation Time: Time required to fully deploy the system from contract to go-live.
Multi-Language Support: System can be used in multiple language environments.
Regular Updates & Upgrades: Routine enhancements and patches delivered by the vendor.
User Training Resources: Online or onsite user guides, tutorials, and support.

Features ensuring control, monitoring, and restriction of user access and activities.

Activity Logging: Detailed user activity logs for audits and investigations.
Field Level Permissioning: Allows restricting or granting access to individual data fields.
Multi-Factor Authentication: Supports two-factor or multi-factor authentication for system access.
Role-Based Access Control: Enables different permissions and data access based on user roles.
Single Sign-On: Allows users to authenticate via SSO solutions (e.g., LDAP, SAML, OAuth).

Support for automating multi-step or routine processes to reduce manual intervention.

Approval Workflows: Automates transaction and posting approvals based on defined rules.
Automated Journal Entries: Supports scheduled or triggered postings of accounting entries.
Batch Processing: Automation for bulk processing of routine operations (e.g. posting, pricing).
Exception Routing: Identifies, escalates, and routes exceptions for resolution.
Task Assignment & Tracking: Assigns and tracks tasks to individual users or teams.

Fund Accounting Systems features explained