Overview
All well-functioning businesses require extensive back-office support for their operations. Back-office operations include settlement, clearance, record maintenance, regulatory compliance and accounting-related tasks.
These operations are sometimes underrated, although they cover everything from handling and controlling background tasks to equipping front-end employees to perform efficiently.
At Acuity, we strategically partner with clients to work as an extension of their teams. Our ability to hire, train and retain top finance talent is our main differentiating factor. Our firm’s capital markets research heritage has helped us understand and manage requirements of back-office operations teams. Our ability to provide cost-effective and stable back-office operations has enabled our clients to achieve their operational alpha goals.
Who we serve
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Asset Managers
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Fund Consultants -
Hedge Funds -
Pension Advisors
Back-Office Operations support we offer
Capital activity
Client onboarding and bookkeeping
Subscription and redemption processing
Dividend reinvestment
Switching (within the same AMC)
Admin support
Invoice database management
Cash confirmation from liquidity teams. external vendor coordination for fee payment and client servicing
Managing collateral, margin, cash, income and expenses of the fund
MIS reporting
Investment management regulatory reporting
Form PF reports
AIFMD reports
Final terms
PRIPS, KIIDs, etc
Portfolio management
Performance measurement
Attribution
Risk reporting
Investment reporting
Data aggregation and validation
Experience with third-party platforms
• FIS VPM
• FactSet
• MSCI Barra
• SunGard FIS
• SEI ARCHWAY
• FIS INVESTRAN
• TLM
Aladdin (by BlackRock)
GENEVA
PORT
ALLVUE
Bloomberg
WSO
Global Portfolio
Fund accounting support
Trade confirmation
Identifying and fixing trade failures
Manual booking of complex trades
Counterparty confirmation
Cash flow monitoring
Liquidity management
Reconciliation of cash and positions
Reconciliation of custody/broker/trustee vs fund admin books
Automated and manual reconciliation
Clearing breaks in a timely manner
Report publication
Creating and maintaining security and event databases/security master functions
Corporate action feed monitoring
Comparing data against data sources for accuracy
Corporate action processing on tools
Modelling securities not supported by the platform
Ensuring 100% price availability
Comparing data from different data sources for accuracy
Identifying price inconsistencies, justifying price jumps/stale prices, etc.
Manually updating prices of OTC products
Producing reports in line with price volatility
Recording capital flow received from transfer agency
Recording accruals and income from treasury team
Integrating price/corporate action feed and checking O/S breaks
Computing fees (performance, management fees, etc.) and invoicing.
Transaction/trade processing
Reconciliation
Corporate actions and reference data
Valuations/pricing
NAV calculation
How we are different
Customized automated solutions
Scalable back-office teams
Flexible outsourcing model
“Follow the sun” model
What we have done
Shadow accounting (direct lending, CLOs, hedge funds, liquidity) support to a Europe-based credit and private debt manager
What we are proud of
40%+
annualised operational cost savings
5x
increase in client interactions
Trade confirmation and reconciliation support to a leading US-based hedge fund
What we are proud of
40%+
annualised operational cost savings
Time-difference advantage resulted in faster trade settlement
Fund accounting support to a US-based exchange-traded product (ETP) provider
What we are proud of
300%
increase in product coverage
50%
faster turnaround in NAVs released through our streamlined process
Meet our experts
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