Solution: NAV Oversight

FX Rates Control

Automate FX Rates Control

Fund Recs automates FX rate validation by comparing currency rates across administrators, custodians, internal systems, and market data providers. The platform highlights mismatches instantly, giving teams a reliable, real-time view of FX data without manual checks.

For the Analysts

Automated multi-source FX comparison
Match daily FX rates across all data providers to identify inconsistencies immediately.
Configurable tolerances
Set thresholds for rate variances by currency pair, portfolio, or valuation date.
Support for spot, forward, and cross rates
Validate all FX rate types across any asset or fund structure.

For Oversight Teams

Exception dashboards
View rate differences by currency pair or data source and prioritise items requiring review.
Audit-ready reporting
Produce clear, structured outputs with full traceability behind every FX difference.

How It Works

Data ingestion and standardisation
Load FX rates from administrators, custodians, PMS/OMS systems, or market data feeds. Fund Recs standardises all formats for accurate comparison.
FX rate matching engine
Compare rates field-by-field across sources and flag any variance outside your defined tolerance.
Exception management
Assign, comment, and resolve FX rate breaks within the platform. All actions are logged for audit.
Daily automation
Run FX checks across full portfolios each day with results ready in minutes.

Why FX Rates Control Matters

FX rates impact valuation, performance, and investor reporting across global portfolios. Differences between sources can distort NAVs, trigger compliance issues, and slow down operational processes. Automating FX rates control with Fund Recs improves accuracy, reduces manual workload, and ensures FX data is consistent, validated, and reliable across all systems.

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Problem

The FX Rate Challenge

FX data arrives from multiple providers and systems, often with different timestamps, conventions, or calculation methods. Manual checks struggle to detect subtle variances across large currency sets, increasing the risk of valuation errors and time-consuming investigations.

Solution

How Fund Recs Helps

Fund Recs automates FX rate validation by ingesting data from all sources, standardising formats, and running configurable tolerance checks. The platform flags every discrepancy instantly and provides clear dashboards for investigation and follow-up.

Benefits

Why It Matters

Accurate FX rates are essential for valuations, performance attribution, and investor reporting. Automating this control ensures rates are aligned across all systems, reduces operational risk, and gives teams confidence in every valuation and calculation dependent on FX data.

Automated Internal vs External Checks

Take internal data and compare it with the various components forming part of the external NAV.

Smart Exception Routing

Reduce investigation time with clear exception routing and root-cause tags

Audit-Ready Evidence Packs

Strengthen audit readiness with evidence packs - reconciliations, exceptions, approvals.

NAV Oversight Confidence

Improve confidence in NAV integrity across funds and administrators