Dublin, 20th October – Fund Recs is pleased to announce an expansion of its longstanding relationship with Applied Fund Solutions, supporting the continued evolution of its NAV Oversight capabilities. Building on existing integrations across Cash, Position, and Trade Reconciliations, this enhanced partnership introduces additional layers of automation and control to further strengthen Applied Fund Solutions’ oversight framework.
Applied Fund Solutions provides a comprehensive NAV Oversight service as part of their broader shadow accounting offering, incorporating rigorous checks and controls across the full NAV lifecycle. The integration of the Fund Recs’ cutting-edge oversight technology enables even greater operational efficiency, accuracy, and transparency for its clients.
With Fund Recs’ automation-first platform, Applied Fund Solutions can scale its services while maintaining the high-touch, client-centric approach it’s known for. This deepened collaboration supports fund managers across a wide range of strategies and structures, ensuring all relevant controls are in place and continuously monitored.
Dan Nikci, Managing Partner and Founder at Applied Fund Solutions, commented: “Partnering with Fund Recs is a strategic move that aligns with our commitment to operational excellence. Their platform empowers our team to focus on value-added oversight while ensuring the integrity of every NAV we review.”
Alan Meaney, CEO of Fund Recs, stated, “We’re delighted to be supporting Applied Fund Solutions as part of their NAV Oversight process. Their focus on precision and oversight aligns perfectly with our mission to simplify and automate fund operations. Together, we’re building a more efficient and transparent future for the industry.”
About Applied Fund Solutions
Applied Fund Solutions, LLC (AFS) is a premier provider of CFO/COO services, shadow accounting, and comprehensive middle- and back-office solutions designed specifically for alternative investment managers. With a commitment to delivering best-in-class client experiences, AFS helps institutionalize operating models and infrastructure that support long-term growth and scalability.
Leveraging deep industry expertise and advanced technology, AFS aligns seamlessly with the evolving needs of its clients. The firm’s seasoned professionals utilize proven processes and platforms to drive operational efficiency, mitigate risk, and enable strategic expansion.
About Fund Recs
Fund Recs is the doing platform for funds. We translate complex workflows into a series of simple actions to help people manage, move, and reconcile their fund data at scale. Founded in Ireland in 2013, the clients we serve are spread across the world and our remote-first team continues to grow to help meet the challenges of doing business, meeting regulations, and scaling through people and technology.