- Fund Launch Consulting Services
- Fund and Portfolio Accounting
- Middle Office
- Investor Services
- FATCA / CRS Services
Putting your plan to work
- Coordinate with Professional Advisers and Service Providers (lawyers, prime brokers, banks, auditors, valuation agents and custodians)
- Coordinate the development of constitutive documentation, including offering documents and subscription agreement
- Review of Fund governing documentation
- Complete due diligence including KYC (know your customer) and AML (Anti Money Laundering) checks on Funds and related parties
Hedge Funds, Private Equity Funds and Family Offices
- Calculate daily, weekly, monthly or quarterly Net Asset Values
- Independently reconcile transactions and positions with relevant parties (eg Custodian, Prime Broker and cash bank account)
- Maintain all books and records in line with the fund’s governing documents
- Record all financial transactions related to the portfolio
- Reconcile and reflect all income and expense accruals
- Calculate and reflect portfolio gross and net asset value
- Calculate management fees and incentive fees
Why do I need middle office?
- To stay focus on investment
- To strengthen internal controls
- To improve operational risk management and risk monitoring
Why should I outsource middle office functions?
Performing middle office functions yourself requires investing in technology and manpower.
Outsourcing to a specialist helps reduce capital expenditure whilst getting better control and Enhanced reporting
Outsourcing to a specialist helps reduce capital expenditure whilst getting better control and Enhanced reporting
What services can SSS provide?
- Trade enrichment (commissions and fees)
- Trade matching against executing brokers and resolve any queries, on T where possible
- Create and deliver daily Prime Broker upload file, if required
- Maintain positions (e.g. apply corporate actions)
- Daily T+1 reconciliations
- Daily P/L and Management Reports/Files, as required
Responsive and complete communication to investors.
Our dedicated investor services professionals provide the highest quality and responsive interaction for your investors.
- Perform KYC and AML checks
- Process commitments, subscriptions, capital calls, redemptions, distribution and transfers(switches)
- Maintenance of register of investors and related documents
- Process investor communication and Investment Manager communication
- Calculate the net asset value of each class of shares
- Prepare and process investor account statements
What is FATCA?
FATCA stands for Foreign Account Tax Compliance Act. It is an initiative of the Internal Revenue Service of the U.S.A.
What is AEOI/CRS?
AEOI stands for Automatic Exchange of Information and CRS stands for Common Report Standard
Organisation for Economic Co-operation and Development “OECD” developed CRS together with G-20 countries and issued the Standard for Automatic Exchange of Financial Information in Tax Matters
US FATCA and CRS Classification Services
Collect and review tax documentation such as IRS Wforms and Self Certification, provide analysis of the data, identify the indicia and provide classification of the investor.
Scope of Services
Investor Classification
Customer Due Diligence
Compliance
Reporting
