Delivering an Experience
Assisting fund setup including referrals to brokers, banks, custodians, law firms, auditors etc.; Fund document review, feedback and suggestions for operational items to consider; Regulatory filings including FATCA/CRS, Form PF, CPO/PQR, Data Protection, SEC required EDGAR filings, etc.; Treasury Services; Board Meeting Support.
Daily reconciliation of trades, securities and cash balances; full portfolio, fund and investor accounting daily including daily NAV calculations; calculating management and performance fees; automated waterfall calculations; support for all currencies traded and currency classes including cryptocurrencies; creation of financial statements; support auditors and the audit process.
Processing investors activity; electronic subscription technology; running applicable anti-money laundering checks in accordance with global regulations; dynamic, secure investor reporting and communications portal.
Maintaining tax allocation schedules by investor; preparation and support of fund, investor and management company tax returns including Forms 1099 and 1065, investor K-1's, PFIC statements, foreign bank and financial accounts reporting; state and federal tax filings; customized wash sales, straddles, and other portfolio tax reports.
Sudrania Fund Services | Legacy Administrators | ||
Fund Structures Supported | Any | some | |
Asset Classes Supported | Any | some | |
Total Cost of Service | Low | High | |
Relationship Manager | Standard | Limited |
Sudrania Fund Services | Legacy Administrators | ||
Fund Accounting System (GL Based, No Spreadsheet) | Standard | Limited | |
Integrated Fund - Portfolio - Investor Accounting | Yes | No | |
Daily NAV | Standard | Extra Cost | |
Support Daily Dealing (Investor Transactions) | Standard | Extra Cost | |
Aggregation Of Data/Reports/Funds/Accounts | Standard | Extra Cost |
Sudrania Fund Services | Legacy Administrators | ||
Scalable Technology Solution - Large Volume Handling | Standard | Limited | |
Cloud Technology, Modern DRP | Standard | Limited | |
Technology, Cyber-security Internal Controls - SOC 2 / SOC 3 | Yes | No | |
COVID-19 Type Situation Preparedness / DRP | Always | Limited |
Sudrania Fund Services | Legacy Administrators | ||
Investor Portal | Standard | Limited | |
Access To Trading, Investor, Accounting Data (Read Only) | Standard | Limited |
Sudrania Fund Services | Legacy Administrators | ||
Investor Portal | Standard | Limited | |
Access To Trading, Investor, Accounting Data (Read Only) | Standard | Limited | |
Detailed Fund Document Review | Standard | Limited | |
Convert all historical Data From Legacy Administrator | Standard | Limited |