Fund of Funds
If an investment firm plans to attract Institutional and HNWI assets, they need to demonstrate that they have the right systems in place to make today’s discriminating investors feel safe. Koger is the undisputed world leader in fund administration software, and now can provide a the same operational assurance Fund of Funds require with IKAS.
Proven, and purpose-built, Koger’s FoFs solution provides an integrated shareholder accounting system designed specifically for Funds of Hedge Funds. When integrated with IKAS, the business can benefit from automated journal entries synchronized with trade and NAV input, including and not limited to, true chart of accounts recording. This full automation can continue through to the Transfer Agent, custody, and fund administrator to maximize efficiencies and further reduce operational risk.
Solutions for Fund of Funds Include:
Partnership Accounting
- Multi-currency double entry general ledger
- Supports all investment structures (master feeder, multi-manager, series, side-pockets, etc.)
- Chart of accounts
- Journal entries
- Profit and loss allocation
- Financial Statements
Pricing and Valuation
- Track ROR at any level within the structure
- Estimated valuations
- Real-time NAV daily calculations
Portfolio Tracking
- Liquidity analysis and reporting
- Real-time estimated valuations
- Risk profiling
- Exposure reports
Compliance
- Document Tracking
- Rule tracking
- Full audit trails with "last modified by" record
- Blacklist/AML
- All email/fax/mail documents stored
- Multi-level/group assess security controls
Reporting
- Scheduled report mailer
- Hold mail/mail forwarding
- PDF Amyuni reporting and distribution
- Multi-level filtering
- Split reports and automatically save to directories
Investor Registration
- Store investor contact details
- Fund Manager contacts, notes and documents
- Related parties (accountants, lawyers, beneficiaries, etc)
- Unlimited entries
