The operational nerve center that turns portfolio theory into settled, audited reality. Daily position reconciliations pull in trade files from prime brokers and OTC counterparties; valuation teams mark liquid instruments to market while leveling illiquid holdings through model hierarchies and independent price challenges. Net asset value strikes propagate to investor dealing platforms, spawning subscription confirmations, redemption wire instructions, and FATCA or CRS data packets.
Accounting ledgers mesh with custody records, feeding financial statements compliant with IFRS, US GAAP, or local variants, and triggering auditor queries that test everything from amortised-cost schedules to waterfall allocations. Middleware routes this flow through sanctions screening, AML checks, and side-letter logic so no compliance tripwire is ignored.
The service is less clerical than architectural, engineering straight-through processing that shields portfolio managers from back-office turbulence while giving regulators a transparent pane into the machinery.
