benefits- Delivers a single, truly global investor accounting solution, capable of supporting both capital-account-balance-based U.S. partnerships and unitized offshore investment corporations
- Mitigates operational risk, delivering consistent, documented procedures and controls, tracking investor transactions, allocating income, calculating partnership tax allocations – in a secure, stable systems environment.
- Provides a single, comprehensive portfolio accounting, general ledger and partnership/shareholder accounting solution.
- Manages lock-up restrictions and liquidity calculations – critical in today’s market conditions.
- Satisfies investor due diligence requirements for a comprehensive investor accounting solution.
- Provides the ability to immediately respond to mid-period investor inquiries.
- Enables managers to proactively track investment trades that trigger predesignated risk conditions
- Enhances visibility and transparency into fund activities
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For funds of funds, InvesTier is a complete back-office solution, encompassing both investment and partner/shareholder accounting and reporting.
InvesTier delivers comprehensive fund and investor accounting – tracking investor contributions and redemptions, calculating complex investor fees, recording and allocating gains, expenses, etc. and producing account statements.For funds of funds, InvesTier is a complete back-office solution, encompassing both investment and partner/shareholder accounting and reporting. Scalable to thousands of investors, and virtually any customer type, including both onshore and offshore hedge funds and fund of funds, InvesTier creates funds’ books and records, investor allocations and calculations, and both fund and investor reporting, helping to reduce cost and operational risk associated with manual processing. With a multi-currency, multi-manager, multi-series double-entry general ledger system at its core, InvesTier keeps a complete audit trail, providing transparency and foresight into a fund's operations. InvesTier’s relational database and Web-based reporting tools provide further visibility and analysis tools with flexible reporting capabilities and data views. InvesTier’s flexible reporting helps firms quickly assess performance and market risk allowing for report production, not just at month-end, but mid-period. Additionally, InvesTier supports various complex funds structures, offering multiple sets of books within the same fund to create customized sub-ledgers by fund manager, trading strategy or other grouping. Features: - Supports on or off-shore multi-manager, strategy, class and series funds
- Accounts for expense accruals, holdings, valuations and gain/loss
- Captures investor capital transanctions, fund investment transactions, non-trade revenue and expense transactions, and underlying investment pricing
- Allows for variable break periods with an automated reopen and reclose function across multiple periods
- Automates flow-through of the P&L from an unlimited number of fund hierarchies
- Calculates daily NAV’s for user-defined hierarchies
- Incorporates tax partnership allocation and equalization methods
- Delivers sub-ledger capabilities for segregating strategies and hedges
- Determines sales agent carveout calculations
- Creates basic financial statements as well as customized reports
- Provides an unlimited number of user-defined fee calculations and side pocket allocations
- Supplies advanced processing, including liquidity reports, key strategy indicators, auto-reclassing and reprocessing of underlying K1s, and prior price period adjustments
- Features extensive tax allocations and reporting capabilities with a 1065 worksheet for U.S. partnership income reporting; and economic, aggregate, and tax lot layering methodologies for automated K-1s
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