Videos

How to ingest data into a position reconciliation and apply variable tolerances at different levels. Automatically explain why something is breaking. Quickly extract a break report.

Reconcile cash balances across internal and external parties. Find differences and drill quickly into any transaction differences. Review static and variable data across local and base currencies.

Compare trial balances from a NAV pack to an internal book of records. Provides oversight on Third Party Administrator. Take a top down or bottoms up approach. Drill down into each record level to explain differences.

Collateralized Loan Obligation (CLO) movement recs allows you to track changes from day to day on outlook, facilities, ratings and much more. Check on text or numeric fields using absolute or variable tolerances . Drill into who the issuer was or the seniority of any positions.

Verify calculation of open equity, management & incentive fees, gross P&L and more. Quickly highlight where any tolerances are breached between external data and recalculated comparison. Flag any differences and automatically generate reporting.

Reconcile Swaps to confirm existence and accuracy of trade economics. Reduce operational and credit risk. Ingest data in raw format received from counterparty. Compare static and numerical fields.

The Common Risk Interchange Format (CRIF) is a standard method of exchanging risk data to perform initial margin reconciliations under the International Swaps and Derivatives Association's (ISDA) SIMM model. The CRIF reconciliation can be used to help resolve differences in calculated initial margin values, for back-testing, benchmarking and the analysis of credit valuation adjustments and counterparty credit risk.

Next up in our Fund Recs For series is our first data transformation workflow, looking at the conversion of SWIFT data into a normalized CSV. This particular SWIFT file is an MT535 (Statement of Holdings) but we have one-click solutions for the transformation of MT541, MT940, MT304, MT536, MT515, MT543, MT950, CAMT053 formats and more!

Typically a manual exercise due to the complex and varied data formats such as PDFs that information is received in, Fund Recs' Fusion platform allows for the end to end automation of the oversight and reconciliation of Private Equity related data such as market values, original commitment, unfunded commitments, yields, contributions, distributions and many more.

Next up in our Fund Recs For series is the Accruals (Payables/Receivables) Reconciliation. Another component of our NAV Oversight solution to allow users drill down into any underlying differences that have arisen on the NAV or Trial balance reconciliations. Don't have a shadow NAV or internal component reports data to compare against?more.

CLO movements is reconciliation automating the oversight of Collateralized Loan Obligations to highlight any changes or movements above tolerance in the underlying data and facilitating exception based reporting.

Reconciling the daily and year to date accruals against recalculated or derived values for Management, Directors, Custody, Out of pocket, Legal, Audit, Admin, FATCA fees and any other relevant fund operating expenses to allow a TER value to be calculated and spot any deviations / erroneous bookings. This is an important metric to monitor with respect to a Fund's operational efficiency.