fund administration solutions

The Next Evolution of Fund Administration

Michael Halloran, Chairman and CEO of NES Financial, speaks about pain points in the private equity industry and details how NES Financial’s Fund Administration Solution can help solve for them. Contact us Allow us to schedule a demo and demonstrate how NES Financial is disrupting the private equity marketplace to service your fund administration needs. We look forward to hearing from you [...]

Private Equity Perspective: Band-Aids on bullet wounds!

For an industry that can’t even agree on common valuation guidelines, it comes as no surprise that software solutions exist in the same sort of patchwork orange, varying considerably from one private equity firm to the next. It might be said of private equity or private real estate that everyone does the exact same thing [...]

Maximize efficiency with integrated technology systems

Consider the disparate technology systems used in private equity fund administration. Between back-office, middle-office, investor relations, and compliance, the different technologies being used may contribute to critical inefficiencies and unnecessary exposure to risk. The back-office fund accountant and fund accounting groups may be using Excel and SS&C, which lack integrated applications and require manual waterfall calculations. [...]

October 25th, 2016|Categories: Fund Administration|Tags: , , , , |

Meeting investor demands for customized reporting

One of the challenges private equity firms face is a growing demand for specialized reporting requests and customized templates from investors. The demand for specific reports and personalized data is a significant change from the single-page PDF reports of the past. Limited partners expect higher quality and intelligent information in these reports, extending beyond operational information [...]

Cybersecurity: Prioritizing data security against cyber risk

One of the hot-button issues in almost all industries is cybersecurity. It has become a central topic of debate between presidential candidates, and has generated its fair share of sound bites, with both candidates pushing it as an immediate and top priority. Private equity firms, perhaps more so than other industries, need to follow suit. [...]

October 11th, 2016|Categories: Fund Administration|Tags: , , , , |

Personnel innovation in a changing private equity environment

Companies in the private equity industry have been evolving to meet a changing regulatory landscape after the 2010 Dodd-Frank Act authorized greater oversight of money managers. Many private equity firms found themselves under regulatory scrutiny for the first time. In 2014, the SEC reported findings of "violations of law or material weaknesses in controls over 50% of [...]

Data management in a data-driven world

In today’s rapidly changing market, private equity fund managers are finding themselves between a rock and a hard place. On one hand, firms are handling more data than ever. On the other hand, regulatory oversight and investor demands have been increasing with no signs of slowing down. While firms remain highly focused on growth and [...]

September 22nd, 2016|Categories: Fund Administration|Tags: , , , , |