Shadow Accounting Solutions
At Fundtec, we specialize in providing comprehensive Shadow Accounting Services, an essential component for fund managers seeking an additional layer of financial oversight. Our services are designed to complement and verify the accuracy of the primary accounting records, enhancing transparency and trust in financial reporting. We assume responsibility for maintaining a parallel Accounting Book of Record, ensuring meticulous alignment with the Investment Book of Record and offering peace of mind to fund managers and investors alike.
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Review Fund Administrator deliverables for accuracy.
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Analyze and compare NAV reports.
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Scrutinize reconciliation reports for consistency.
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Validate NAV comparator reports.
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Conduct quality checks on financial reports.
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Conduct daily and monthly reconciliations with Fund Administrators and market data.
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Implement three-way reconciliation processes.
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Liaise for swift discrepancy resolution.
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Utilize tools for efficient break resolution.
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Keep reconciliation records up-to-date.
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Follow Investment Policy Statement for valuation consistency.
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Perform independent investment valuations.
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Use market data for precise asset pricing.
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Adjust valuations based on market changes.
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Align valuation methods between shadow and primary records.
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Establish Investment and Accounting Books of Records.
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Integrate data workflows for accurate information management.
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Track investments and financial transactions precisely.
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Synchronize data across records in real-time.
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Regularly update shadow books to reflect accurate financial positions.
Our Services:
we understand that each financial intermediary has unique operational demands. Our Shadow Accounting Services are designed to scale with your needs, reduce risk, and unlock operational excellence.
Key Benefits of Our Shadow Accounting Services:
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Compliance & Risk Management: Ensure adherence to all regulatory requirements and mitigate risks.
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Transparency & Accuracy: We offer precise reporting and clear communication, ensuring all stakeholders are informed.
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Scalability: Our services scale with your business, whether you are managing a small fund or a large international portfolio.
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Cost Efficiency: We help optimize operational costs, making fund management more affordable and efficient.
Our Services:
we understand that each financial intermediary has unique operational demands. Our Hedge Fund Administration services are designed to scale with your needs, reduce risk, and unlock operational excellence.
Fund Accounting
-Recording all the trades and transactions.
-Managing contribution and distributions.
-Independent pricing and valuation of the portfolio.
-Reconciliation of position and cash with counterparties and street.
-Recoding and allocating all non-trade expenses.
-Calculation of management fees and performance fees aligned with fund agreements.
-Investor allocations and accounting.
Investor Services
-Seamlessly onboard & offboard investors with robust digital process.
-Conduct thorough compliance checks, including AML and KYC, suited to each investor profile and domicile.
-Owning and maintaining IR mailboxes.
-Coordinate, document and communicate for capital calls and distributions including notices.
-Generate detailed, fund-specific reports for investors, including performance reporting.
-Prepare and maintain documents such as factsheets and newsletter.
-Handle investor queries regarding capital calls and distributions promptly.
Compliance Support
-FATCA and CRS filings support to ensure regulatory compliance.
-Robust Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance solution.
-Coordination of regulatory application and filing procedures.
-Comprehensive audit support to assist during regulatory audits.
-Swift response to regulatory inquiries and audits.
Reporting
-NAV calculations and reporting on a defined intervals.
-Preparation of financial statements, including balance sheets and income statements.
-Preparation of comprehensive notes to the accounts.
-Deliver tailored reports to fund and investor.
-Publishing investor statements.
-Support in preparing for and facilitating external audits.
Our Technology:
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An intelligent, unified platform built to simplify life for fund managers, fund administrators, and funds.
Why Fundtec?
Fundtec delivers tech-enabled, cost-effective fund administration solutions trusted by global investment firms. With deep expertise across hedge funds, private equity, and VC, we combine real-time reporting, scalable infrastructure, and global regulatory compliance to streamline your operations. Our cloud-based platform ensures accurate NAV, investor reporting, and secure data access empowering fund managers to focus on growth while we handle the complexities. Backed by ISO-certified processes and 24/5 global support, Fundtec is your trusted partner in achieving operational excellence and investor transparency.
What you gain from us:
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50% Faster reporting turnaround time
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99% Data Accuracy
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24/5 Customer Support
Services & Solutions Customization Option:
At Fundtec, we understand that every investment operation is unique. That’s why we offer a fully customizable service package and jurisdiction to tailor a modular solution aligned with your needs. Our cloud‑based platform integrates seamlessly with your workflow, enabling you to scale effortlessly and maintain full control, while we deliver precise, technology-driven fund administration.
Frequently Asked Questions (FAQs)
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