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EMIR Reconciliations – What you need to know
Take a closer look at the main requirements of the EMIR Refit, its history, and how it impacts funds and fund managers.
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Three things asset managers could achieve if data were not a problem
For fund reconciliations there are two ways to make data consistent, the best practice way, and the worst. Here we look at some of the worst examples we’ve seen to complete reconciliations.
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Six key questions asset managers need to ask reconciliation software providers
For fund reconciliations there are two ways to make data consistent, the best practice way, and the worst. Here we look at some of the worst examples we’ve seen to complete reconciliations.
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Reconciliations – Industry Worst Practices
For fund reconciliations there are two ways to make data consistent, the best practice way, and the worst. Here we look at some of the worst examples we’ve seen to complete reconciliations.
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The Real Cost of Manual Work
In the words of Radioheads bombastic front man Thom Yorke “You do it to yourself, ye do, and that’s what really hurts, ye do it to yourself, just you, you and no one else, you do it to yourself……”.
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A Complete History of Fund Administration Mergers and Acquisitions
Ever wondered who bought who in the ever active Fund Admin M&A market? Wonder no more! We've got a tracker with 90+ deals since 2006.
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Fund Recs Event Guide

By Alan Meaney
Fund Recs Event Guide
Have you ever spotted a funds event posted on LinkedIn after the fact and said 'I would have gone to that if I'd known'?. Introducing Fund Recs Event Guide.
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ESEF Promises a Data Windfall for Fund Managers – Data Ingestion is Key
ESEF, which derives from the 2013 Transparency Directive, will standardise electronic financial reporting, and will also make it easier for investors, authorities, and other stakeholders to analyse financial data through automated platforms.
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How we Onboarded New Hires Remotely at Fund Recs
We discuss some of the challenges onboarding new team members during COVID-19 and have a Q&A with the new team members.
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Time’s Running Out to Prepare for SFTR Reporting
Learn about SFTR and the implications for many of the firms that fall under its scope.
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Part I: What’s an API and how can they help in the Funds Industry?
In Part I of our two part series on APIs in the Funds Industry I try to explain what they are and how they can be used in Fund Admin.
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Part II: Q&A with the early API innovators in Fund Administration
In Part II I ask some of the early innovating firms about their journey to APIs and how they expect APIs to develop in the coming years.
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The Rise of
Software is eating the world. What is "No Code" and how is it going to impact the Funds Industry.
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EMIR Recs & Reporting - European Markets Infrastructure Regulation
On January 31st The European Securities and Markets Authority (ESMA) published a statement addressing the EMIR Refit implementation issues. Following this, the Central Bank have confirmed that it will exercise its supervisory powers in an appropriate manner.
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Bots v's Humans - Future of the Fund Industry
Will bots replace humans in the Fund Industry? This question has come up at many events we have attended over the past few years. Below our very own Ciaran Walshe explains where he feels bots will and won’t have an impact.
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Review of Irish Funds Annual Global Funds Conference 2019
This year's conference is titled "The Future of Funds - Evolution or Revolution?". We cover the discussions live.
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The 7 Deadly Sins of Excel

By Des O'Donohoe
The 7 Deadly Sins of Excel
As someone who has relied on Excel for over 20 years, I said I would write an account of my love hate relationship with it. At times, it has been my friend, but also my foe.
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Review of Irish Funds Annual Global Funds Conference 2017
Having attended, exhibited and participated in a panel at the Annual Conference over the last few years I’ve always found the content to be excellent and deserving of a wider audience.
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Build Vs Buy at Financial Services Companies
From start-ups to large Enterprise companies the debate of whether to ‘build’ or ‘buy’ software is one that comes up on a regular basis. This post explores why I think in most cases you should import innovation in order to focus internal development on creating a core competetive edge.
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We need to talk about Outsourcing The Central Bank of Irelands recent “Dear CEO” letter and some thoughts
The Central Bank of Ireland this week issued a "Dear CEO" letter outlining concerns over the rising level of outsourcing to global service providers. Based on a thematic review carried out on five of the larger Irish Fund Administrators during the first half of 2016 the Central Bank found that the extent of outsourcing amongst these is extensive and continuing to grow with levels of between 48% and 68% of fund administration activities outsourced as at the end of 2015.
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Investor Money Regulations – Impact on Transfer Agents
The Investor Money Regulations came into effect on 01 July of this year and applies to collection accounts that hold Investor monies. The aim of the regulation is to enhance investor protection by ensuring the Fund Service Providers (FSP) properly segregate, monitor and reconcile collection accounts daily. Investor money is any money to which an investor is entitled, received from or held on behalf of an investor.
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How our new Investor Services module would have prevented $5.9 million fraud at SS&C
Leading global Fund Administrator and technology provider SS&C have been sued by one of its hedge fund clients,Tillage Commodities Fund, claiming it ignored its own protocols and deceived clients into thinking it had sound technology to prevent Chinese hackers from spoofing its identity when transferring and stealing $5.9 million in US dollars.
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Do we need a Hedge Fund Shadow NAV in 2015?
Are hedge funds throwing away thousands of dollars by insisting on duplicating the fund accounting function? One of the key responsibilities of the fund administrator is to calculate the fund net asset valuation, the official NAV. Surely they can get that right, right?
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Making same day NAV release possible
Historically the period of time available to Fund Administrators to produce a fund's Net Asset Valuation (NAV) has moved from an acceptable five days after valuation date (T+5) to the current environment where an increasing number of managers are demanding NAV releases on the same day as market close (T).
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Meet our new investor: Telefonica
Back in September we closed investment from Telefonica and won a place on its Wayra accelerator here in Dublin. We're very excited to partner with the great team in Wayra as we enter a phase of growth in Fund Recs.
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Hedge Fund World Cup Team
With the World Cup coming to a climax in Brazil this Sunday we thought we'd have a little fun picking a team from the universe of Hedge Fund related parties.
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Working with CSV files

By Alan Meaney
Working with CSV files
CSV is a common file format used regularly in financial services. Most applications will allow you to import and export data in CSV format. It is therefore important to get a good understanding of the CSV format to better handle the data you work with on a daily basis. This article runs through some of the nuances of working with CSV files and provides plenty of examples to tie everything together.
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6 Lessons Learned Quitting the Day Job
It's been almost ten months since I quit my day job in Financial Services to work full time on my start-up. We've been working hard and having a lot of fun while also picking up some valuable lessons along the way.
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AIFMD Depositary breakfast briefing
We were delighted to host an 'AIFMD Depositary breakfast briefing' last Thursday in The Westin Hotel. Any seminar is only as good as it's speakers and we were lucky to have three great speakers on the day. A special thanks to Sarah O'Sullivan, Shane Brett and Cian O'Connor for supporting the event.
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Hiring at Fund Recs

By Alan Meaney
Hiring at Fund Recs
When we set out to build Fund Recs we decided early on that we were not going to follow the same path as other enterprise software vendors. If we were to do that then we'd end up with a company that is similar to our competitors or at best slightly better. Our goal is to build products and a company that are exponentially better than our competition.
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We examine the practical steps when switching from a manual to automated Reconciliation Process.

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THE APEX GROUP
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SANNE
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