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Upcoming Conference: Adminvoate 2023 takes place in Dublin on May 25th 2023 – Details and tickets

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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.

Our clients include:


THE APEX GROUP
Grant Thornton
SANNE
Deloitte