One of the most important responsibilities of the fund administrator is to calculate the fund net asset valuation (NAV). After speaking with several operations professionals across the hedge fund space, we identified four main reasons why an investment manager should shadow their service provider or fund administrator; pricing issues, staffing concerns, investor protection, and regulatory requirements.
About Electra Information Systems
Electra’s mission is to help investment managers, hedge funds, fund administrators and outsourced service providers mitigate the risk, cost and inefficiency across post-trade processing and improve their business operations for greater growth and profitability. We achieve this by delivering powerful post-trade solutions and complete, timely and accurate data that support and improve reconciliation and various middle- and back-office processes across the firm’s operational ecosystem.