By leveraging state-of-the-art technology to automate fund administration, Prudent Wealth has helped its clients boost their efficiency and save considerable time. For processes such as fee calculation, bookkeeping, and standard fund reporting, our proprietary platform offers productivity gains of more than 80%, thereby freeing investment professionals from tedious manual tasks and allowing them to fully concentrate on return generation.
While many fund houses have made progress digitizing frontline customer service and experience, the middle and back offices are not afforded the same amount of digitalization investment. Many private equity and venture capital firms have lagged and are still handling administrative tasks in-house with manual spreadsheets and other basic systems.
Not only does this affect asset managers’ ability to access quality and timely information for effective decision-making, but this also diverts their limited resources away from key business initiatives and hampers profitability in the long run.
Our Fund Administration Service
Maintenance of books
and records
Price verification
Fund bookkeeping
services
Transaction
maintenance
Fee, waterfall and
investor allocation
calculations
Investor relations
Capital and fund
distribution notice
issuance
Financial and
regulatory reporting