Daily Administration Support Services

Apex delivers efficient client service alongside accurate and timely data management
daily admin

Apex can provide investment managers with daily reconciled cash and position reporting. With Apex Daily Administration Support Services, Trade files received from the investment manager are uploaded into Apex’s core administration platform on a daily basis. The listed securities are independently priced and monitored for corporate actions.

Three-way reconciliations are completed between Apex’s administration platform, the investment manager and custodian/prime broker. Cash and position reconciliation breaks are reported to investment manager for further action. Online reporting through Apex247 access allows investment managers to view their daily cash and positions from anywhere in the world.

The Daily Administration Support Package includes:

  • Daily trade uploads from the investment manager trade files
  • Daily cash reconciliation performed against the custodian/prime broker
  • Daily position reconciliation performed against the investment manager and custodian/prime broker files
  • Daily independent valuation of the Fund(s) listed portfolio using Bloomberg as a data source
  • Monitor individual equity securities for cash dividends, corporate actions and capital changes
  • Detail any breaks in position and cash with manager and prime broker
  • Daily online T+1 cash and portfolio reporting via Apex247

For more information, contact your local office: Locations

What are the benefits for an Investment Manager?

Enhanced operational risk management system – Time and cost efficiencies – Access to specialist expertise – Regulatory and compliance solutions – Leverage off the Apex Global Network – Scalable solutions that grow with your business.

What are the benefits for a Family Office?

Software and people solutions to support Family Offices – Outsourced trade settlement, reconciliations and reporting allowing Family Offices to concentrate on investment decisions – Improved internal controls and enhanced reporting capabilities – Personalised service built around the Family Offices workflows.