Leveraging Fund Administration for Reporting and Compliance
Fund Administration now requires multiple competencies and the need to assume a much broader role in supporting multiple functions within risk and portfolio management.
The days when the role of a fund administration provider was limited to fund accounting and transfer agent processes are long gone. Fund Administration now requires multiple competencies and the need to assume a much broader role in supporting multiple functions within risk and portfolio management The increased sophistication of both investment funds and investors, as well as an increasingly demanding regulatory environment has forced fund administration to leverage its central role in the investment process to provide compliance and risk mitigation capabilities.
Fund Administration and Risk and Performance Reporting
Few fund management firms can afford to utilize a separate portfolio management system provided directly with data independent of fund administration Doing so may be a good practice and allow for a comprehensive reconciliation but an advanced and capable fund administration provider with the necessary data already in-hand can perform these functions more efficiently in tandem with traditional fund administration functions.
Fund Administration Data for the Measurement of Performance and Risk Management
Investment compliance is another topic that concerns both regulators and investors. At any given time, fund management must monitor the fund’s exposure against a variety of criteria outlined in the investment prospectus.
Fund Administration and Investment Compliance
Many regulatory demands are beyond the capabilities of most fund administration systems. Rare in the industry, Phoenix American fund administration and fund accounting systems were designed and deployed with the regulatory requirements of client managers in mind.
Fund Administration and Reporting to Regulators
Phoenix American pioneered the development of fund administration infrastructure, systems and services, that streamline compliance and reporting for client investment sponsors. Advanced, versatile systems and deep knowledge of evolving client reporting and compliance needs are at the core of our fund administration partnership offering.