Fund Accounting System

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Fund Accounting System by Mind Map: Fund Accounting System

1. Reporting

1.1. 4 basic statements

1.2. Customized reports

1.3. Adjustable accounting methods

1.3.1. Suggestion accounting method

1.4. Connectivity

1.5. Daily trail balance

1.6. Updated porfolio position of subcription/redemtion/reversal/corporate action

1.7. File extraction format

2. Recording

2.1. Trading

2.1.1. Import trade

2.1.2. Settlement file, incorporation with custodian bank system

2.1.3. fund distribution posting and reconciliation

2.1.4. Fund expense

2.1.5. Fund income accruals

2.1.6. yield curve calculation and reporting

2.1.7. Multiple gain/loss reporting (jointly and separately)

2.2. Compliance check

2.2.1. Quantitative

2.2.2. Risk ratios

2.3. Approval workflow

2.4. Cashflow planning

2.4.1. Outflow alert

2.4.2. Cashflow suggestion

2.5. Corporate action

3. Valuation and Performance Attribution

3.1. Customised ratios

3.2. NAV

3.2.1. NAV by share class

3.2.2. multi-currencies

3.2.3. prices (bid ask mid)

3.2.4. interest rates

3.2.5. exchange rates (buy sell spot forward)

3.2.6. Cross check with independent fund administrator regularly

3.3. Unit Pricing

3.4. Market comparation (bond/bank interest)

3.4.1. Mark-to-market

3.5. Benchmark

3.6. Historical growth rate

3.7. Security level

3.8. SEC yield

3.9. Distribution yields

3.10. Capability of different types of investment instruments

3.11. Preparation

3.11.1. Access to multiple pricing vendors

3.11.2. Implement pricing procedure

3.11.3. monitor stale price

3.11.4. identification of illiquid securities

4. Reconciliation/Review/Adjustment

4.1. Approvals system

4.2. Access

4.3. Multiple Reconciliation (Custodian/broker/investment) by multiple positions (cash/currency/holding position)

4.3.1. Mismatch regconise

4.4. Adjusting transactions