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Unity® Financial Reporting for Hedge Funds

Unity® Financial Reporting for Hedge Funds automates the creation of critical financial statements and holdings reports while supporting the complexities specific to Hedge Funds. Cumbersome reporting tasks like generating allocations and creating statements for both master/feeder and stand-alone reports are now automated reducing the costly manual efforts of the past.

Unity Financial Reporting makes your operations more efficient by automating your hedge financial reporting process, enabling hedge fund managers to realize the benefits of reduced cost, improved service levels and a global operating model, especially when combined with our regulatory reporting solutions.

Key Features & Benefits

One End-to-End System
Standardize and automate the production of stand-alone and master/feeder reports including schedule of investments, financial statements and other disclosures with one end-to-end system.

Data Consistency
Centrally source and validate data from various upstream systems to ensure data consistency across reports and improve efficiency.

Allocation Management
Generate pro rata allocations for entire hedge fund structure or import allocations from other systems – both leverage new workbook that provides data checks and reviews for accuracy.

Hedge Fund Configuration
Model and define hedge fund structures and allocation hierarchy, as well as reporting components to be used in the Statement of Changes and Financial Highlights sections for complete and flexible reporting.

Administrative Control
Increase control with role-based access and approvals, system checks and status indicators, and a valuable audit trail of changes made to report drafts.

Automated Publishing
Replace manual book compilation with automated processes to integrate and consolidate separate report components reducing time and effort and increasing process scalability.

Unity® Financial Reporting for Hedge Funds automates the creation of critical financial statements and holdings reports while supporting the complexities specific to Hedge Funds. Cumbersome reporting tasks like generating allocations and creating statements for both master/feeder and stand-alone reports are now automated reducing the costly manual efforts of the past.

Unity Financial Reporting makes your operations more efficient by automating your hedge financial reporting process, enabling hedge fund managers to realize the benefits of reduced cost, improved service levels and a global operating model, especially when combined with our regulatory reporting solutions.

Key Features & Benefits

One End-to-End System
Standardize and automate the production of stand-alone and master/feeder reports including schedule of investments, financial statements and other disclosures with one end-to-end system.

Data Consistency
Centrally source and validate data from various upstream systems to ensure data consistency across reports and improve efficiency.

Allocation Management
Generate pro rata allocations for entire hedge fund structure or import allocations from other systems – both leverage new workbook that provides data checks and reviews for accuracy.

Hedge Fund Configuration
Model and define hedge fund structures and allocation hierarchy, as well as reporting components to be used in the Statement of Changes and Financial Highlights sections for complete and flexible reporting.

Administrative Control
Increase control with role-based access and approvals, system checks and status indicators, and a valuable audit trail of changes made to report drafts.

Automated Publishing
Replace manual book compilation with automated processes to integrate and consolidate separate report components reducing time and effort and increasing process scalability.

How it Works: Using the Unity Financial Reporting for Hedge Funds

With Unity Financial Reporting for Hedge Funds, users can create a full book financial report for Hedge Funds—including the collection of data and information from upstream sources, generation of allocations and compilation of the full book based on hedge fund specific structures.

Collect and validate data - Unity Financial Reporting for Hedge Funds provides users with the tools to automatically collect trial balance data, holdings information and other contributing full book information from upstream systems, and notifies users when the data is ready. Once data is brought into the system, it is mapped against historical data to identify and clear any data exceptions. Users have the flexibility to apply updates to a specific fund, a subset of funds or for all funds across the enterprise.

Generate Allocations - The solution allows for flexible configuration of hedge fund structures based on the many variations present in the market place. Using a structure and an account map that summarizes data into statement line items, the system will allocate the accounts based on ownership percentage. The allocations are presented in a workbook for review prior to incorporating them into the final output.

Prepare the full book - At this point, Unity Financial Reporting for Hedge Funds generates a publication that includes the various components of the full book, including the front and back covers, managers' discussion and analysis, SOI, financial statement, notes to financial statement, and trustee and officer information. The financial statement components have access to allocated values and structures and are customized for specific hedge fund requirements like feeder statement of operations and a limited partnership statement of changes.

For more information about Confluence products, call +1 412.802.8632 or contact us.