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Hedge Funds

Citco Fund Services offers full service fund administration from 19 strategic centers across the Americas, Europe and the Far East. Our global presence reflects our philosophy to provide administration support wherever our clients are located. Our staff is dedicated to meeting client expectations and deadlines. We focus on building relationships and mutual trust.

KEY ATTRIBUTES

  • Front Office Services
    • Real-time P&L
    • Real-time trade processing
    • Daily position, P&L and activity reporting
    • Position monitoring
    • Post execution trade capture
    • Flexible reporting: summary and detail
    • Global security master
    • Unique client security master
    • Master order blotter
    • Ticket attribution
  • Middle Office Services
    • Trade capture
    • Trade, position and cash reconciliations
    • Administrator to Investment Manager reconciliation
    • Trade Affirmation/Confirmation
    • Collateral Management
    • Treasury Management
    • Daily independent listed and OTC pricing
    • Flash P&L
    • Daily reconciled P&L
    • Risk services – including VaR, stress testing and scenario analysis
  • Back Office Services
    • Monthly independent portfolio verification
    • Fund accounting and administration
    • Positions and balances reconciliation
    • Daily cash reconciliation
    • Fee and expense accrual calculations
    • Equalization calculations
    • Monthly financial statements
    • Fund and investor P&L allocation
    • Indicative and reconciled RORs and NAVs
    • Investment restriction compliance monitoring
    • Assist auditors with annual audit
    • Production of monthly financial statements
    • Fund and investor P&L allocation
    • Support all incentive fee calculation methodology
    • Review of expenses for payment
    • Web-enabled reporting for fund managers
  • Investor Relations Services
    • Process and review all subscriptions and redemptions
    • Open onshore and offshore bank accounts
    • Process capital activity
    • Web-enabled reporting for investors
    • Disseminate NAV statements to investors
    • Investor verification and KYC
    • Shareholder registers
  • Data Warehousing, Risk and Reporting Services
  • State of the Art Technology

    • AExeo

    • Comprehensive technology and services offering
    • Maximize operational performance
    • Unified single database for all functions
    • Complete cross product solution
    • Connections to Prime Brokers, Third Party Order
      Management Systems and Risk Providers

    • ASP Services

    • Secured primary hosting center
    • Secured disaster recovery center
    • Advanced firewalls with intrusion detection
    • Fully redundant production networks with automatic fall-over
    • 100% application and data recoverability
    • Automatic hardware fail-over for servers and network components
    • Fully automated date back up and recovery
    • 24 x 7 x 365 Help Desk
    • Web enabled software distribution
  • Connectivity
    • Client office connectivity via secured dedicated T-1s
    • Remote internet access via VPN (Virtual Private Network)
    • Multiple sources of market data
    • Prime and executing brokers trade connectivity
    • Prime broker statements and position reporting
    • Automatic hardware fail-over for servers and networks
    • FIX interface to brokers

 

Other services