FIN/S Depositary provides a streamlined operating solution that covers the main tasks under UCITS V and AIFMD. With its built-in Workflow configurator, FIN/S allows for setting up Workflows in order to monitor all relevant actions for safekeeping of assets, cash flow monitoring and overseeing the operation of the fund, as well as the compliance with AIFMD and fund specific rules.
Safekeeping of Assets
By setting up relevant work flows all the needed steps can be monitored
The communication asking for all appropriate legal documents that evidence the existence and ownership of the assets
The storage of these documents
The communication asking for the update of all stored documents
Cash flow Monitoring
Identification of Inconsistent Cash Flows
FIN/S identifies important financial moves providing useful information about them.
The importance of moves is specified by the investment’s Net Asset Value (NAV), based upon the type of each cash flow activity.
For example, 10% NAV on shareholding/takeovers
Designed with an in-built reconciliation engine, FIN/S researches and notifies about significant variances among accounts.
General oversight Duties
Investment Structure Monitoring.
SPVs, Compartments and Portfolios are recorded and graphically displayed for due diligence, tracking and showing any change over time.