CTA Fund Administration
CTA/CPO
CTA’s and CPO’s have significant regulatory requirements as part of their registration with the CFTC and NFA. Sudrania can provide the reporting and level of detail required by the regulators.
Download Brochure
Overview
Cutting edge technology and high touch client service is at the core of everything we do. Our team is made up of seasoned fund administration professionals with experience working at large, medium and small fund administration firms. Our proprietary cloud-based platform, Seamless, along with our processes and procedures were all designed to eliminate inefficiencies and provide a high level of client service. We continually gather feedback and requests for enhancements from our clients and our staff and have a team of developers to address any new requirements.
Many of our first clients were commodity trading advisors and commodity pool operators and we pride ourselves on the knowledge we have of this industry. CTAs and CPOs are typically required to be registered with the CFTC and the NFA who have reporting and other disclosure documents that need to be provided on a regular basis which we can provide. We also have experience assisting our clients with any examinations or on-site visits these regulators impose.
Features
SOC1/SOC2/SOC3 Audits
Audits covers professional services, operations and Technology
Transfer Agent
We are a regulated transfer agent familiar with investor needs
Automated AML/KYC
Capital activity, AML/KYC checks, investor requests, allocate p&l and fees daily
Regulatory Support
Compliance reporting and oversight, assist with on-site regulatory visits
Clients
Technology to support all fund types including high volume trading
Competitive Pricing
Straightforward and highly competitive pricing
Reporting
Exposure and attribution
reporting
Onboarding
Quick onboarding and conversions from existing administrators
Web Delivery
White-labeled investor
portal
Exceptional Service
Exceptional service from experienced and knowledgeable staff
Rate of Return
Calculation of rates of return within GIPS standards
Secure
Two factor authentication and cloud based secure online platform.
Services
CTA Fund Administration
- Assist with setup and fund launch
- Data and analytics to drive performance
- Experts who understand your business
- Daily reconciliation of trades, positions, and cash balances
- Full transaction ledger of trading and non-trading activity
- Adherence to Foreign Account Tax Compliance Act (FATCA)
- Common Reporting Standard (CRS) compliance
- Commodity Pool Operator (CPO) Pool Quarterly Reports (PQR)
- NFA Reporting
Fund Accounting
- Daily, weekly, or monthly portfolio and fund accounting
- Management and performance fee calculations
- Daily maintenance of cash and general ledger
- Easy historical accounting uploads
- Preparation of year-end and semi-annual financials in accordance with US GAAP or IFRS
- Communicating and liaising with auditors
- Respond to audit queries and adjust financials as needed
Investor Services
- Subscription, redemption, and transfer transaction processing
- AML controls and checks, according to fund domicile
- Maintenance of investor documents (available for audit)
- Answer to investor queries and information requests
- Respond to data and information requests from local regulators, directors, and/or corporate secretaries
- Investor statement preparation and distribution
- User-friendly investor web portal
Separately Managed Account Services
- Daily reconciliations and valuation
- Daily fee calculation and a/c value estimate
- Prepare month End 13 column performance table
- Prepare CTA composite for each trading program
- Prepare CTA performance capsule for each trading program
- Prepare fee invoice for the client
- Reconcile with the accounting of the client (if available)
- Prepare and provide support for advisory fees
Treasury Services
- Setup and maintenance of funds bank accounts for capital activity, operations
- Transfer balances between funds bank and custodian/prime brokerage accounts
- Expense budgeting, accruals and invoice payments
- Centralized cash payments team
- Maintaining security controls and authorization levels for each counterparty or service provider
- Management of securities finance transactions
- Optimizing the use of margin and collateral balances
- Managing excess cash balances and sweep vehicles
Audit Support
- Financial statement draft preparation in accordance with GAAP or IFRS
- Audit timeline determination with clients and auditors
- Liaise and act as main point of contact for auditors
- Preparation of cost rollforwards and other supporting reports
- Generate footnotes and related tables
- Address auditor comments and escalate to client as necessary
- Distribute final financial statement to investors, exchanges, regulators and other parties
Technology Portals
- Dynamic, user-friendly and intuitive web portals for clients and their investors
- Securely share fund documentation and client reports with investors
- Option to white label with client branding
- In-house development team customizes to meet client needs
- Built with multiple AWS disaster recovery sites
