Hedge Fund Administration

Back To >>


Hedge Fund Administration

Veridate is dedicated to providing and delivering full administration services to hedge funds through a single, integrated, end-to-end solution. This includes the transfer agency and automated investor on-boarding, direct integrations with custodians and prime brokers, full accounting services and reporting processes. Our clients range in complexity and structure and include existing funds and those funds who are just starting out.
 
Our technology platform has been designed to implement accounting controls and to automate many of the time consuming tasks associated with running the operations of a fund equating to lower human effort required to deliver our services. Not only does this reduce touch-points and opportunities for error, but it also translates directly into lower costs.
 
Veridate understands that providing managers and investors with timely data to make decisions is a critical function in the alternative fund space. As an independent third party, Veridate safeguards your books and records allowing you to focus on your core business.

Administration Services

 

  • Online client and distributor on-boarding facility that can be deployed to a fund’s website
  • Trade and Account Processing, Confirmation & Reconciliation
  • Cash Management for Capital & Expense Including Cash Reconciliation
  • Portfolio Accounting & NAV Calculation Including Independent Pricing Sources
  • Financial Statements & Fund Performance Reporting (Inclusive of Daily/Weekly Estimates)
  • Investor/Shareholder Register Management
  • Investor Income Allocations Including Side Pockets & Hot Issues
  • Fee Calculation, Accrual and Management
  • Investor Communications & Reporting
  • Subscription, Redemption & Transfer Management
  • Investor Document Retention & Management
  • Master-Feeder Support Including Domestic & Offshore Vehicles
  • Audit Support
  • Online Client Portal