Transitioning to an outsourced fund administration model requires a strategic approach, careful planning, collaboration and clear communication to ensure continuity and success of the transition and that funds are well-positioned for long-term success. The report underscores that outsourcing is poised for continued growth as funds strive to optimise operations and adapt to changing demands. The Maples Group prides itself on the strength of its people – a deep bench of qualified individuals with expertise across the financial services spectrum and experience delivering dynamic solutions that address increasing investment and transactional complexity. While a one-stop-shop approach can streamline vendor management, best-of-breed service selection allows you to optimize for your specific needs. The hedge fund industry has seen steady growth in recent years, with total revenue rising to $118.4 billion in 2023, according to IBISWorld.
Explore
Since its launch, CitcoOne™ has evolved into a simple way to monitor, survey and explore the information that is important to the user through a visualised platform which can be accessed anywhere. It leverages new technology frameworks to intelligently expose different levels of content and delivers the information with dynamic visualisation, that is easy to understand. Its key features include interactive dashboards and workflows, order placement, enhanced document management, enhanced fund details, dynamic reporting and capital activity monitoring. Join 66% of the top 300 global PE firms who already rely on Vistra to take care of regulatory requirements, operational challenges, fund administration and investor relationships. With several decades of experience across the alternatives spectrum, JTC has considerable experience in the hedge fund asset class, which now forms a core part of our alternative funds proposition.
Strategic Outsourcing for Fund Managers:
Robust security measures and compliance controls embedded in hedge fund administration software safeguard sensitive financial data and protect the fund’s assets and reputation. This evolution has led to the development of comprehensive hedge fund administration systems that streamline operations and provide fund managers with powerful decision-making tools. However, as the industry grew and regulations became more stringent, the need for specialized administration services became apparent. The goal of hedge fund administration is to provide accurate and timely information to fund managers, investors, and regulators, enabling effective decision-making and compliance.
Insights
- By partnering with the right administrator and leveraging advanced technology, fund managers can navigate the challenges of the industry with confidence and focus on delivering exceptional results to their investors.
- At the same time, increasing regulatory scrutiny and investor demands have made running a fund more complex.
- Give investors the care and attention they demand, with the support of our dedicated investor relations team.
- With a broad array of integrated solutions that span investment strategies, fund structures, asset types and geographies, J.P.
- With steadfast commitment to excellence, we give global investors the freedom, confidence, and control to focus on the evolution of their business.
Changing fund administrators can be a complex decision, but with due consideration and planning, it can lead to improved performance and greater success for your fund. Find out more in our recent article What to Consider When Changing a Fund Administrator about some areas to explore when approaching this decision, alongside how an administrator’s client service remains one of the most important considerations and differentiators. With the right hedge fund services ecosystem in place, you’ll have the operational backbone to weather any challenge and sustain your edge. As you evaluate these and other providers, keep sight of your fund’s unique needs and take a forward-looking view. The right partners won’t just support your business today but will have the vision and capabilities to help you scale and adapt to changing market realities. However, the hedge fund services landscape is evolving as independent firms offer compelling alternatives.
- From ensuring day-to-day operational efficiency to providing the insights and expertise to support your growth, service providers play a crucial role.
- These systems allow fund managers to focus on core investment activities while relying on administrators to manage the operational challenges of a multijurisdictional landscape.
- We provide comprehensive hedge fund administration services to our clients including fund accounting, year-end audit assistance, financial statement preparation, investor servicing, performance statistics reporting and independent representation support.
- Published on the ninth business day of each month, the SS&C GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the SS&C GlobeOp administration platform.
- They have deep knowledge of the relevant accounting standards (U.S. GAAP, IFRS) and work closely with your auditors to ensure a smooth year-end process.
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Any market prices, data or other information contained herein are not warranted as to completeness or accuracy and are subject to change without notice. Nothing in this document should be construed as legal, regulatory, tax, accounting, investment or other advice. Serving the world’s largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services. Explore the essential features of fund administration software that enhance efficiency, compliance, and reporting for modern fund management. From raising capital and fund establishment at the GP level, to deploying capital at the LP and fund level.
While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). Funds acquired through the acquisition of Citi Alternative Investor Services are integrated into the index suite starting with the January 2017 reporting periods. SS&C GlobeOp’s total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector.
It does not overstate exposure to, or the contribution of, any single strategy to aggregate hedge fund performance. Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%. This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices. Look for an accounting partner with proven expertise in alternative investments, a robust control environment, and innovative technology to streamline processes and deliver real-time reporting. This document is provided for information purposes only and is not intended as a recommendation or an offer or solicitation for the hedge fund administration services purchase or sale of any security or financial instrument.
But the roles Trump’s picks occupied before entering the federal government are drawing intense scrutiny from ethics watchdogs and Democratic lawmakers on Capitol Hill alike. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. J.P. Morgan is a marketing name for the Securities Services businesses of JPMorgan Chase Bank, N.A.
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