Pricing, Position Keeping and Portfolio Valuation
Fund administrators carry out the support functions that are required to run a mutual fund, hedge fund or other types of investment pools: keeping accurate accounts, calculating NAV, preparing financial statements, and producing and making an accurate audit trail to meet with regulatory requirements.
The key to a fund administrator's success is therefore the ability to report accurate positions, transactions and valuations on a regular basis. To do this fund administrators need technology that allows them to produce precise portfolio valuations, fees and cash management, reconciliation and accounting.
Sophis has developed software for the financial markets for the past 20 years and works with fund administrators to apply its technology to their business models. Sophis offers high level solutions for transaction processing with custom workflows, detailed cash management and fees calculation to produce real-time NAV, all within a secure platform and highly scalable IT environment.
With the rising use of derivatives and OTC products by fund managers, administrators need to value - with the highest possible levels of accuracy and flexibility - the positions held in their clients' funds in order to reflect the exact NAV in accordance with international accounting rules.
To achieve this, administrators increasingly need to have a solution in place that allows them to evaluate derivative products and their true risk exposure. As well as providing easy transaction processing and accounting features, Sophis solutions come with high level financial engineering features, which allow fund administrators to value their clients' funds and model their associated risks.
Our expertise
VALUE provides off-the-shelf functionality, but is also based on a flexible architecture that allows fund administrators to build their own bespoke formats quickly and easily in order to exchange data automatically with their clients.
Sophis VALUE gives fund administrators the full range of tools that they need in order to succeed in today's turbulent markets.
Find out about our solutions and technology
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| "There has been a great sense of professionalism in their approach and in the service they have provided to 1798. Sophis was able to offer the seamless integration of VALUE with our existing infrastructure"
Stephen Grobman, Chief Risk Officer of Lombard Odier Asset Management |
| Two years on from its implementation of Sophis VALUE, Arqaam Capital explains why Sophis was the right choice for its business |
