1. Starts with signing a formal engagement letter which covers the agreed delivery date of monthly accounting package, inclusions of the standard accounting package, any customized reports etc.
1
2. We download the broker statements, bank statements etc. independently by read only web login or alternatively clients’ share their statements over email, hubdoc, google drive etc.
2
3. We process these statements independently in our system and calculate the realized gain\loss, closing cost of the portfolio as per the preferred method of lot realization like FIFO, LIFO, weighted average, HIFO etc.
3
4. Process the trades or transactions given by clients (if any) independently in our system
4
5. Process investor capital activities – subscriptions, redemption and transfer requests.
5
6. Perform a reconciliation of trades provided by broker vs trades provided by clients
6
7. Independent Portfolio Valuation of listed securities by Reuters, NYSE, model valuation
7
8. Programming of customized management fee, performance fee (subject to hurdle and high watermark) in our system in accordance with the terms of PPM.
8
9. Seeking operating expenses estimates from clients and revising them periodically wherever required.
9
10. Integrating all the sub systems like investor allocation, portfolio monitoring, operating expenses in our Centralized system to generate standard accounting package.
10
11. Standard monthly accounting package consists of Fund level Trial Balance, Balance Sheets, Profit and loss, Cash flow statements, realized gain reports, Investor allocation schedule, and Individual Investor statements.
11
1. Share your requirements in detail with our dedicated Account Manager.
1
2. After assessing the requirements, set of deliverables, software usage, management reports, timing etc. enter into official agreements documenting the terms, service levels, pricing etc.
2
3. We will share the checklist of all the items that we would need to have in order to complete the job.
3
4. Customer uploads the data on the data sharing platform and shares the software login details.
4
5. We create a missing data list and send back to you
5
6. Post receiving the complete or required set of information, we will provide you the estimated timeline, agree over milestones etc.
6
7. Start the work and drop some queries, clarifications if required.
7
8. Completed job will be delivered to you on the agreed timelines. You will have opportunity to review to make sure that everything is the way you needed it. You may suggest any changes, modifications and we shall complete and submit the job back to you asap.
8