Alternative Investments/Hedge Fund Management

¨      Factsheets
¨      Fund Prospectus
¨      Fund Annual Reports
¨      RFI/Pitch Book Presentations
¨      Consultant Reporting
¨      Intermediary Reporting

The hedge fund industry is very secretive and protective of its strategy. As such, hedge fund investment still unsettles some clients and so the reporting must be able to give them comfort. This is a challenge as it is often difficult to provide clients with the full story.

There are a number of challenges facing those who need to report accurately to their clients; finding a benchmark, for instance, that can act as a true comparison for the investment decisions made. This can sometimes lead to misrepresentation of returns if there is no reliable or fair benchmark. Good practice is to show as many benchmarks as make sense, usually two.

Reporting for hedge fund clients tends to focus on risk statistics, as the amount of holdings information available is limited. Funds are facing new demands in terms of transparency and auditability, with a greater focus on regulation in the industry. With inflows of institutional money, reporting and presentation literature is now becoming far more demanding.

One Future, One Solution
Vermilion Reporting Suite (VRS) provides the future – a straight through client reporting solution.

With VRS, valuation, risk and performance data are pulled from any number of underlying systems. Client account details may be maintained within VRS screens or pulled from any CRM system.  Manual commentary from financial writers is typed or cut and pasted in to the user friendly Commentary Editor within VRS.  These comments may be chained to data, parameterised or filtered to allow for extensive reuse.    Not only may data need to be pulled or created; a sign off process may also be required.  A composite security access matrix allows only certain roles and users access to aspects of the system.  If sign-off of reports is required by fund managers, legal and compliance departments before publication, the security matrix will ensure that the appropriate users and/or roles only have access to specific areas.  Finally a Workflow Module may manage and control this entire process, polling for ready data, prompting users through email URL to complete any number of tasks before generating a batch of marketing quality and usually personalised reports.  These valuation, investment, quarterly, monthly, weekly, daily, factsheet, hedge or private client reports may need a final sign off by a Client Reporting Analyst before the workflow schedule will automatically send them to print, FTP or email.  The all encompassing Workflow engine tracks, audits and manages this complex process with the click of a button – regardless of whether you run just a few accounts or thousands.

By using a single straight through reporting solution, you are in the best position to provide the efficient delivery of quality reports while being capable of handling ever increasing amounts of complex content in an array of formats. 

When template changes need to occur, the intelligent and flexible rendering tool within VRS empowers the users to drag and drop new components, completely rebrand old styles, customise and personalise their reports independent of IT.

Clean Data?

If data is not already collected from a clean source such as a processed data repository, or in some cases even if it is, VRS is able to automatically apply last minute custom data validation checks on what is rendered such as 100% total confirmations, inconsistency reviews or percentage-change-since-last-reporting on the data, alerting the workflow and client service teams that something needs closer inspection and potentially revision before being allowed to be published.

Find out more
Click here to find out more information on the Vermilion Reporting Suite (VRS) client reporting solution.