Enterprise-grade fund accounting for alternatives.

Series / Lot Accounting

Track each investor subscription as a separate series with individual cost basis and performance calculations.

• Individual high water marks per series
• Series-level P&L allocation
• Lot-based redemption processing (FIFO, LIFO, specific lot)
• Series equalisation for new money

Multi-Class Share Structures

Unlimited share classes with independent fee structures, currencies, and distribution policies.

• Class-specific management and performance fees
• Currency hedged and unhedged classes
• Accumulating vs distributing share classes
• Founder shares and seed investor arrangements

Multi-GAAP Reporting

Parallel accounting books supporting multiple reporting standards for global investor bases.

• US GAAP, IFRS, and local GAAP support
• Automated adjustments between standards
• Jurisdiction-specific financial statements
• Audit-ready reconciliation between books

Performance Fee Structures

A comprehensive performance fee engine supporting the most complex fee arrangements.

• Crystallisation frequencies (annual, quarterly, monthly)
• Loss carryforward and clawback provisions
• Hurdle rates (hard, soft, blended)
• Side letter fee modifications

General Ledger

Full double-entry accounting with multi-dimensional capabilities.

• Configurable chart of accounts with unlimited hierarchy
• Multi-currency with automatic revaluation
• Journal entry workflows with approval controls
• Period close management and audit trails

NAV Calculation

Real-time NAV computation at fund and share class levels.

• Swing pricing and dilution levy support
• Multi-strike NAV for different frequencies
• Tolerance checking and variance analysis
• NAV component waterfall visualisation

Fee Calculation

Automated fee processing with complex structure support.

• Management fees on AUM or committed capital
• Performance fees with high water marks and hurdle rates
• Crystallisation and clawback processing
• Side letter overrides and fee rebates

Allocation Engine

Sophisticated profit and loss allocation to investors.

• Layer cake allocation structures
• Section 704(b) compliance
• Hot issue tracking for regulatory compliance
• What-if modelling and allocation preview

Position Management

Real-time portfolio visibility across all asset classes.

• Equities, fixed income, derivatives, alternatives
• Tax lot tracking with multiple cost basis methods
• Multi-custodian aggregation
• Point-in-time position reconstruction

Trade Processing

Complete trade lifecycle from capture through settlement.

• Block trade allocation
• Broker confirmation matching
• SWIFT settlement instruction generation
• Commission and soft dollar tracking

Corporate Actions

Automated processing of all corporate action types.

• Dividends, splits, mergers, reorganisations
• Election management and deadline tracking
• Cost basis adjustments
• Income tax character determination

Cash Management

Multi-bank cash visibility and forecasting.

• Automated bank statement import
• Reconciliation matching engine
• Cash forecasting and liquidity analysis
• Payment workflows with dual authorisation

Regulatory Reporting

Automated preparation of required regulatory filings.

• Form PF, Form ADV, AIFMD Annex IV
• CPO-PQR, EMIR / MiFID transaction reports
• Form 13F and beneficial ownership reports
• Electronic submission with filing history

Tax Processing

Complete tax reporting and withholding management.

• Schedule K-1 with state supplements
• 1099 generation and PFIC / QEF elections
• UBTI allocations and withholding calculations
• Book-to-tax reconciliation

Compliance Monitoring

Real-time investment guideline monitoring.

• Pre-trade and post-trade compliance checks
• Position limits and concentration rules
• Counterparty exposure tracking
• Breach alerting and remediation workflows

Risk Analytics

Comprehensive risk measurement and reporting.

• VaR (historical, parametric, Monte Carlo)
• Stress testing and scenario analysis
• Liquidity risk scoring
• Factor decomposition and attribution

Cloud Native

Multi-tenant SaaS deployment with enterprise scalability and global data residency options.

API-First Architecture

RESTful APIs for seamless integration with custodians, prime brokers, OMS, and market data providers.

Real-Time Processing

Live position updates, instant NAV calculations, and real-time compliance monitoring.

Enterprise Security

SOC 2 Type II controls, role-based access, MFA, SSO integration, and comprehensive audit trails.

Self-Service Access

Web-based access for portfolio views, document retrieval, transaction requests, and secure messaging.

Mobile Access

Native iOS and Android applications with biometric authentication and offline capability.