Technology | Harmonic Fund Services

FM3 DirectLend

In 2007 we began enhancing our core portfolio platform, FM3, to support a newly formed private credit manager engaged in direct lending, loan origination and leveraged loans. Today, our purpose-built private credit technology is in production with several of the world’s most successful managers, and with ourselves to provide specialized services for our private credit clients.

FM3DirectLend features include: automated data extraction and document management, deal reference data repository, loan transaction processing and life-cycle management, portfolio management, covenant monitoring and compliance, portfolio company risk and analytics, and performance reporting.

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Reporting and Mobile

FM3 features hundreds of reports including fund, portfolio, investor, accounting, risk, performance, compliance, executive and client custom reporting. Reporting is available in a variety of formats including PDF, SSRS and Excel reports, slice and dice UltraGrid reports, interactive and magazine style mobile apps and dashboards.

Portfolio Management

FM3 is rooted in years of practical portfolio management expertise. It is built to meet three main objectives: a unified platform; alternatives caliber front to back office functionality; and an architecture that readily allows for development of client requirements.

Security Master

Harmonic’s FM3 Security Master Reference Data module seamlessly integrates complex alternative investments into a robust framework that ensures data accuracy, completeness and timeliness across operations, portfolio management, investment execution, risk management and compliance.

Investor Services

Harmonic combines specialized expertise and experience to deliver unmatched investor services technology. FM3 supports investor management, performance reporting and accounting for global alternative investment fund structures. It supports all fund legal and operating structures and offers the most comprehensive support for complex fees in the industry.

Risk and Analytics

FM3 supports firm wide risk and analytics including investment and portfolio, counterparty and collateral, operational and compliance. Together with portfolio valuation and NAV production, FM3 risk and analytics data drives investor transparency, performance, regulatory, and custom client reports.

Order Management

FM3 order management uniquely supports private placement asset classes including hedge funds and private equity. The FM3 Order Manager is integrated across all FM3 components providing efficient, accurate, semi-automated transaction processing and position life-cycle management.

Reconciliation

The FM3 reconciliation module delivers control and accuracy through customized data source mapping, transaction matching workflows and exceptions tracking. Supported by a dedicated team of client-specific specialists, FM3 reconciles client positions and underlying transactions across multiple brokers and all asset classes.

Compliance

Compliance components are embedded across FM3 in the form of monitoring and alerting tools, process controls, specific regulatory support, investor and executive reporting. As a single platform, FM3 drives these components with powerful data collection and management resulting in accurate and timely enterprise compliance.

Custom Solutions

Harmonic internal development capabilities give us the opportunity to take on consultative projects. These custom projects are almost always technology intensive, involving development which others are unwilling or unable to do. Clients benefit from a platform that matches their requirements today and may be enhanced for the future..