Spectrum has a full middle & back office service offering that gives you all the features of Traditional Fund Administration and goes beyond that to provide you with a deeper level of outsourced functionality. The portfolio accounting platform was designed to accommodate any combination of product and strategy. Spectrum’s offering is customizable, providing you with the specific solution that meets your middle and back office needs. For more details on how this is delivered by our superior staff, see Spectrum Client Services.

The services and features for Portfolio Accounting and Reconciliation include:

• Integrated partnership/shareholder accounting
• Daily reconciliation of portfolio positions, activity, and cash balances with prime broker/custodian.
• Daily reporting of positions, activity, realized/unrealized gains (P&L), attribution reporting, and over 100 other reports to choose from.
• Daily NAV at the share class level
• Maintain a database of granular level details reflecting:
  • Transactions
  • Tax lots
  • Open positions
  • Portfolio and account/fund information
  • Pricing for historical evaluation and comparison.
  • Data aggregation and consolidation of activity across all major prime brokers (multi-prime broker, multi-trader, multi-strategy available, etc.).
• Support full multi-currency.
• Closing market prices provided from third-party pricing feed or other method determined by the fund.
• Trade Date and T+1 reporting is accurate and available at the specific time requested.
• Deliver a front end deal capture tool to enter trades not provided through other third party systems.
• Research any discrepancies, notify the fund manager, and facilitate a correction.
  

• Accuracy: We recognize that it is crucial for your business that all positions, fees, and balances be calculated with no errors.
• Timeliness: Spectrum’s Client Service teams understand the need to deliver reports to you and your clients in the time frame necessary to respond to market conditions and investor inquiries.
• Confidentiality: Our system is designed to securely maintain and protect your investment and investor data.
• Service: We have a spirit of service that guarantees your administration will be handled in a professional and friendly manner.