Fund Administration

Independent Full Service

Harmonic offers a comprehensive range of fund administration services for alternative investment managers. Additionally we offer hybrid solutions that typically involve some combination of technology, custom development and services based on FM3, our asset management platform.

Our experience and expertise combined with a culture of collaboration accrue to the benefit of managers and their investors that aspire to an institutional quality operating construct and best practice standards. In-house development capability allows us to respond rapidly to new business initiatives, market and regulatory changes. Harmonic’s processes are SOC 1 certified.

Front-Middle-Back

  • Trade desk support
  • Trade capture and allocation
  • Order execution and routing
  • Pre & post trade compliance
  • Multi asset class real-time P&L
  • Real-time exposures and sensitivities
  • Trade confirmation and settlement
  • Daily trade blotter production
  • Trade, position and cash reconciliation
  • Liquidity and collateral management
  • Trade & corporate actions processing
  • Counterparty risk management
  • OTC derivatives processing
  • OTC derivatives valuation
  • Investment restrictions monitoring
  • Portfolio pricing and valuation
  • Securities master data management
  • Multi-currency portfolio accounting
  • NAV production
  • Intra-period NAV estimates
  • Independent valuation of illiquid securities
  • Complex fee calculations
  • Financial statement preparation
  • Equalization and multi-series accounting
  • Foreign currency exposures and hedging
  • Accounting for complex legal structures
  • Limited partnership and side pocket accounting
  • Performance measurement and analytics

Investor Services

  • Real time counterparty exposure
  • Trade and corporate actions processing
  • Portfolio pricing and valuation
  • Foreign currency exposure and hedging
  • Trade, position and cash reconciliation
  • Private funds managed reference data
  • Position, P&L reporting
  • Regulatory reporting – such as Form PF
  • OTC derivatives settlement and processing
  • Securities and corporate action reference data
  • Document management and administration
  • Treasury, cash, liquidity and collateral management
  • Trade confirmation and settlement

Compliance

  • Form PF reporting
  • FATCA
  • Know Your Client and Anti-Money Laundering
  • Exchange listing compliance
  • Tax reporting
  • Investor transparency reporting
  • Fund counterparty compliance
  • Fund investment restrictions and exposures

Additional Services

  • Fund pre-launch assistance and counterparty referral
  • Registered office and corporate secretarial services
  • Preparation and maintenance of statutory records and regulatory filings
  • Coordination of director and shareholder meetings
  • Temporary staffing arrangements for clients
  • Exchange listing liaison and continuing reporting obligations
  • Financial statement production