Streamlining Alter Domus Fund Administration with Outsourcing

Outsourcing fund administration can significantly reduce administrative burdens for Alter Domus clients.

By leveraging the expertise of a third-party provider, clients can free up valuable time and resources to focus on core business activities.

According to Alter Domus, outsourcing can also improve the accuracy and timeliness of financial reporting, which is critical for meeting regulatory requirements and maintaining investor confidence.

With an outsourced fund administration model, clients can benefit from economies of scale and access to specialized technology and expertise.

Outsourcing your fund administration can be a game-changer for your business. By partnering with Alter Domus, you can reduce the cost and complexity of fund administration.

You'll be able to focus on executing your strategy, driving investor returns, and growing your business, rather than getting bogged down in day-to-day administrative tasks. This is because Alter Domus manages the daily activities, freeing up your time and resources.

With Alter Domus, you can launch, outsource, or migrate your administration to them anytime, giving you the flexibility to adapt to changing business needs.

Choosing the right administrator can make a huge difference in the success of your fund. Alter Domus is consistently recognized for helping fund managers with operational excellence.

Their team manages daily activities, freeing up your time to focus on strategy, investor returns, and growth. By outsourcing to Alter Domus, you can reduce the cost and complexity of fund administration.

You can launch, outsource, or migrate your administration to Alter Domus anytime, making it a flexible solution for your needs.

A good fund administrator should be able to help you reduce the cost and complexity of fund administration, resulting in higher efficiency and reduced risk.

They should be able to manage the daily activities, so you can focus on executing strategy, investor returns, and growth. This means you can launch, outsource, or migrate your administration to them anytime.

A good administrator should also be able to navigate the regulatory landscape and advise on all aspects relating to the value chain of fund administration, including key developments of open-ended features.

They should be able to provide accurate and timely data to meet investor requirements and drive performance, and put you in control with best-in-breed technology platforms.

A good administrator should also be able to help you navigate multiple assets, strategies, and regions, and ensure you remain compliant, supported, and secure worldwide.

They should be able to provide expertise and technology to help you focus on core activities and grow your fund, and have the ability to keep up with changing rules and regulations.

In selecting a fund administration partner, you should look for one that has specialists who can advise on all aspects of fund administration, including regulatory matters and technology platforms.

Ultimately, a good administrator will help you unlock growth and reduce the administrative burden, allowing you to focus on what matters most – delivering strong returns to your investors.

Private markets growth raises back-office demands, and one crucial decision is whether to handle fund administration in-house or outsource it to a third-party provider. Alter Domus suggests considering the options carefully.

In-house administration can be beneficial for smaller funds or those with a simple structure, but it may not be the best choice for larger or more complex funds. Private markets growth raises back-office demands, and in-house administration may not be able to keep up with the increased workload.

Third-party administration, on the other hand, can provide specialized expertise and scalability to handle large and complex funds. Alter Domus weighs the options, suggesting that third-party administration can be a good choice for funds that require a high level of customization or have specific regulatory requirements.

Alter Domus offers a range of admin capabilities and features to support the administration of open-ended private market funds.

Their fund administration suite includes fund formation, investor and transfer agency services, investor and regulatory reporting, fund accounting, cash management, capital administration, and tax services.

The new open-ended fund solution expands Alter Domus' capacity to support increased frequency of net asset value (NAV) calculation and more streamlined settlement processes.

Key features of Alter Domus' admin capabilities include:

Alter Domus also provides registered transfer agent (TA) capabilities, with direct support for Luxembourg-based funds and partnership with leading TA systems for North American and UK-based funds.

Alter Domus has expanded its capabilities to support the administration of open-ended private market funds. This includes features that cater to the complexities of open-ended fund formation and ongoing management.

The new capabilities meet the demand of fund sponsors seeking to capitalize on the democratization of private assets. This is driven by factors such as an increase in retail demand for non-traditional assets and regulatory changes in the EU, US, and UK.

Key features include the ability to support increased frequency of net asset value (NAV) calculation and more streamlined settlement processes. This is made possible through increased connectivity to distribution networks for settlement of trades.

Enhanced investor and regulatory reporting is also available to account for increased volume of liquidity events. For Luxembourg-based funds, Alter Domus provides direct support as a registered transfer agent (TA).

Here are some of the key features and functionality:

These new capabilities will be supported in part by a partnership with Temenos Multifonds, featuring a platform that seamlessly integrates SWIFT and NSCC counterparties to find new efficiencies and reduce risk.

Alter Domus provides direct support as a registered transfer agent for Luxembourg-based funds. This means they can handle all the necessary tasks for these funds.

For North American and UK-based funds, Alter Domus works in partnership with leading transfer agent systems. This partnership allows them to provide comprehensive support to these funds as well.

As a registered transfer agent, Alter Domus can handle various tasks, but the specifics of their capabilities are not detailed in the provided article section.

Our hybrid fund solutions allow you to gain a best of both worlds advantage by navigating the differences between traditional funds and new hybrid fund structures.

We can easily handle the complexities of booking multiple investors coming in at once, making it a breeze to manage large inflows.

Our specialists know the asset classes and underlying strategies, making it easier for you to meet the requirements of new hybrid fund structures.

We understand the intricacies of OE funds and can provide efficient solutions to manage redemption requests and multiple NAVs for your alternative strategies.

This allows you to keep up with investor needs and provide timely responses to their queries.

You have options when it comes to fund administration, and Alter Domus is here to help.

You can launch your fund with their assistance, which means they'll handle the daily activities, freeing you up to focus on strategy, investor returns, and growth.

Alter Domus can also help you outsource or migrate your administration to their team anytime.

If you're considering changing your fund administrator, Alter Domus has some essential considerations to keep in mind, including strategies for a smooth transition.

Their specialists can advise on all aspects of fund administration, including navigating the regulatory landscape and driving efficiencies and managing risk.

Their best-in-breed technology platforms put you in control, ensuring you have the accurate and timely data you need to meet investor requirements and drive performance.

Alter Domus can help you navigate the complexities of open-ended funds, including the ELTIF 2.0 regime in Europe, to drive efficiencies and manage risk.

Our open-ended funds platform automates a wide range of activities, including settlement via SWIFT, commitment tracking, and capital calls, while offering best-in-class portfolio accounting for alternative funds.

By automating these tasks, you can reduce the administrative burden and focus on driving growth. Our platform streamlines processes, making it easier to manage multiple investors, transactions, and redemption criteria.

Our specialists can advise on all aspects of the value chain of fund administration, including the key developments of open-ended features. This expertise helps navigate the regulatory landscape, such as the ELTIF 2.0 regime in Europe.

We couple our reporting platforms with best-in-class technology for the OE market, providing you with accurate and timely data to meet investor requirements and drive performance. This means you can give your investors unparalleled real-time information, empowering them to make informed decisions.

Alter Domus aimed to be a one-stop investment services provider, but its previous software technology stack hindered its ability to do so efficiently and mitigate risk.

Creating reports required assembling data from multiple disparate systems, creating an offline model, then reconciling all the data, a time-consuming process vulnerable to compromise.

The company realized the need for a vertically integrated investment management system capable of generating faster, more transparent, and comprehensive reporting.

Yardi Investment Accounting now houses all investment data, from the investor to the asset levels, allowing Alter Domus to generate reports, financial statements, capital calls, and distributions that are timely, accurate, and free of data combination risks.

This integration has reduced the time Alter Domus requires to process quarterly reports by more than 50%, enabling the company to deliver superior and timely investor service.

Yardi Investment Accounting maintains a single chart of accounts for multiple fund and asset types, which the accounting staff can navigate quickly and efficiently.

Staff can customize financial reporting for various fund and asset types depending on a client's needs, a new capability that has improved transparency for clients.

Yardi Investment Accounting has streamlined Alter Domus's review and risk management processes, helping the company improve transparency for clients and enabling them to stay ahead in their markets.