System

The System

Many Fund Administrators still use spreadsheets for calculations and/or employ legacy stand-alone registry and accounting systems. The Apex Group utilises sophisticated technology (which has been tried and tested) to offer a seamless integrated solution thus maximizing efficiencies and reducing any potential for error.

The Apex Group uses an integrated system that performs the following functions:

• Fund accounting, fee calculation and reporting;
• NAV and unit pricing; and
• Registry services.

Software Deliverables

Efficiency

• External price feeds
• Transaction and position uploads

Accuracy

• Sophisticated fee calculations including

  • High water marks
  • Hurdle rates
  • Series accounting
• Equalisation calculations
• Daily open position reconciliations (middle office functions)

Flexibility

• Daily, weekly or monthly NAV calculations & unit pricing
• Complex combinations of unit classes
• Customised reporting

Reliability

• Well established software
• Professional team
• Windows based
• Fully supported
• Open database structure
• Comprehensive reporting