Asset and Wealth Management
At FINNET, we offer tailored outsourcing services specifically designed for Asset and Wealth Management clients, including hedge funds, private equity funds, and venture capital funds. Our comprehensive middle and back-office accounting solutions are crafted to meet the unique needs of your business, ensuring efficiency, accuracy, and compliance.
Middle / Back Office Accounting Services
Daily Reconciliations:
Cash / Positions / Vendors: Ensure accurate and timely reconciliation of cash, positions, and vendor accounts.
Trade Allocations as per Policy:
Allocate trades in accordance with your firm's policy, ensuring compliance and accuracy.
Booking of Accrual of Expenses:
Accurately book accruals for expenses, maintaining precise financial records.
Vendors Payments Management:
Manage vendor payments efficiently, ensuring timely and accurate disbursements.
Daily and Monthly Management Reporting:
Provide comprehensive daily and monthly management reports, including benchmarking against industry standards.
Calculation of Monthly Income Allocations / Related Fees:
Accurately calculate monthly income allocations and related fees, ensuring fair distribution and compliance.
Calculation of Monthly Income Allocations / Related Fees:
Accurately calculate monthly income allocations and related fees, ensuring fair distribution and compliance.
Month-end Reconciliation to Administrator Books:
Perform thorough month-end reconciliations to align with administrator books, ensuring consistency and accuracy.
Periodic Reporting to Partners:
Deliver periodic reports to partners, providing transparency and detailed insights into financial performance.
Dedicated resources:
Dedicated resources to support the financial reporting process, including review of complex valuations
Customized:
Customized daily profit and loss reporting
Coordination:
Coordination with your team, auditor, and administrator to address ASC820, Fair Value Measurement and Disclosures, Year-end audit and tax reviews
At FINNET, our goal is to empower your asset and wealth management operations with expert financial management and strategic insights. Our dedicated team is committed to delivering high-quality, tailored outsourcing services that support your business’s growth and success. Trust us to be your reliable partner in achieving financial excellence.
