Hedge Fund Portfolio Accounting
VPM’s dual-entry general ledger provides control over every aspect of hedge fund portfolio accounting, including the power to handle multiple currencies within user-defined accounts and posting rules. Portfolio managers can link multiple strategies for any asset class all the way down to specific trades at the tax lot level. In addition to providing the ability to manage investment information within the general ledger, VPM produces standard and custom reports allowing you to view up-to-the-minute information.
VPM's comprehensive portfolio management and accounting capabilities include:
- Integrated general ledger
- Multi-strategy processing
- Broad security-type processing
- Global corporate action processing
- Dynamic, on-demand investment reporting
- Position Management functionality
Features
- Creates journal entries with multiple information fields allowing a customized G/L
- Supports instrument types, including, but not limited to: equities, fixed income, structured credit, swaps, repos and reverse repos, asset backed securities, futures, forwards, bank debt
- Allows for reprocessing of prior transactions without manual journal entries with a dynamic rebuild of the general ledger
- Processes global stock splits, dividends and corporate actions
- Posts accruals on a daily basis, double-sided journal entry
- Helps enable the transfer of positions and cash between clearing brokers and/or strategies as well as additional position management capabilities
- Provides one-click access to historical G/L transactions
- Aggregates multiple source information to support global, multi-prime hedge fund strategies
Benefits
- Reduces operational risk and work-arounds with real-time accounting and error-handling capabilities
- Turns data into insight that drives better decision-making, through enhanced reporting
- Promotes transparency through storage of investment information in a true general ledger database
- Saves time by automating journal entries