Fund Accounting Services

Overview

At Acuity, we strategically partner with our clients to work as an extension of their teams. Our ability to hire, train and retain top finance talent remains our main differentiating factor. Our firm’s capital markets research heritage has helped us understand and manage requirements of Fund Administration teams. Our ability to provide cost-effective and stable fund administration services has enabled our clients to achieve their operational alpha goals.

Through our Fund Accounting Services, experienced analysts provide support on several fund accounting and shadow accounting activities, such as trade processing, reconciliations, corporate actions, pricing/valuation and NAV calculations, for simple securities to complex structured products across global markets. We also provide support on capital activity, administrative tasks (including invoicing support), investment management regulatory reporting and portfolio management.

Who we serve

Asset Managers
Fund Consultants
Hedge Funds
Pension Advisors

Fund Accounting support we offer

Investment management and regulatory peporting

Form PF reports
AIFMD reports
Final terms
PRIPS, KIIDs, etc

Capital activity

Client onboarding and bookkeeping
Subscription and redemption processing
Dividend reinvestment
Switching (within the same AMC)

Fund accounting support

Transaction/trade processing

Trade confirmation
Identifying and fixing trade failures
Manual booking of complex trades
Counterparty confirmation
Cash flow monitoring
Liquidity management

Reconciliation

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

Corporate actions and reference data

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

Valuations/pricing

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

NAV calculation

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
Calculating/generating NAV packs and IRR

How we are different

Customised automated solutions

Our customised automated solutions improve and help to build in-house system capabilities, streamlining the fund administration model

End-to-end analytics and reporting support

We provide end-to-end analytics and reporting support in addition to our fund accounting services

Flexible outsourcing model

We manage BAU operations while the onshore client team focuses on priority tasks

Bespoke investment reporting tool

We provide regulatory and shareholder reporting solutions, filing to governing bodies and other reports through our bespoke investment reporting tool FundMETRIX

Innovative workflow technology and robotic process automation

We provide innovative workflow technology and robotic process automation that reduces the burden on onshore teams and increases clients’ operational cost savings