|
Request a Live Demo
Join Our Mailing List
|
|
Fund Accounting and Administration
Accounting solutions for funds and managed account programs complete with a general ledger, financial statements, and investor reporting
HedgeFacts provides a full accounting and administration solution for hedge funds, commodity trading advisors, and multi-manager funds. It's suited to the needs of the typical alternative investment manager because it supports both funds and segregated managed accounts, as well as master-feeder and multi-share class structures, making it flexible and scalable to grow with your product offerings.
Robust architecture
- Secure multi-tier user access provides user level controls on the books and records and investor information allowing access to internal or external personnel "as needed"
- Ability to run books and records from either broker electronic statement data or manager sourced trades (trades blotter) with separate facility to trades, position, commission, and position valuation reconciliation
- Automated and reliable sourcing of broker electronic account data imported directly into HedgeFacts
- Standard month end close-out reconciliation templates provide procedures and methods for posting performance to the general ledger and reconciling to source statements
- Comprehensive performance tracking across an organization with returns generated and stored at multiple investment tiers including funds, investor capital accounts, share classes, separate managed accounts, composites of managed accounts, and even strategies within accounts
Funds
- General ledger package with the ability to produce key financial reports including Trial Balance, Income Statement, Balance Sheet, Statement of Cash Flows, and Statement of Changes
- Investor and advisor layer fee tracking as well as a journal of all capital transactions including subscriptions and redemptions (investors) or changes to trading levels (advisors)
- Daily NAVs or performance estimates for investors and funds fully accrued for all fees and marked to market
- Key financial data and reports in support of financial audits including Schedules of Investments and Disclosure of Derivatives Instruments and Hedging Activities
- Native support for multi-share class, master-feeder, multi-advisor fund structures across a variety of asset classes including futures, equities, options, foreign exchange, and swaps
Managed accounts
- Composite level performance tracking and materiality testing for commodity trading advisors needing to report returns at the program level using actual or pro-forma performance
- Standard managed account reports including 13-column performance schedules
- Investor and broker based fee invoices / statements for managed accounts
|