Shadow Accounting

Modern day investors increasingly demand transparency and accuracy from the fund managers for their investments that can meet their operational due diligence. It is essential for the investors to feel confident that their money is secure, and the fund managers have firm grasp on its operations before they consider investing. Investors expect the fund managers to actively review, monitor and verify portfolio reporting, as this instils trust and assurance. In today’s competitive landscape, failing to meet these requirements often result in a negative response.

Fund managers now require more detailed and faster reports tailored to their preferences. Waiting an extended period for a Net Asset Value (NAV) report is no longer acceptable.

From the perspective of the fund, having confidence in and access to accurate data is paramount. Accessing crucial management information and receiving up-to-date, well-structured, insightful, and easily understandable reports form the foundation for informed decision-making and productive conversations with allocators. Our shadow accounting services address these evolving expectations by providing oversight and transparency. They enable you to monitor, control, and mitigate risks while freeing you from reliance on a fund administrator and eliminating the need for increased internal staffing or infrastructure.

At Upscale Fund Services, our aim is to alleviate the challenges posed by extensive regulations, governance requirements and administrative burdens. Our seasoned accounting professionals will assist you to carefully examine the data, identify the potential issues and take proactive measures to address them. Additionally, we transform raw data into tailored and integrated information that seamlessly integrates into your daily operations.

As part of our offering, we provide parallel and independent sets of books and records. This serves as a safeguard against relying solely on the fund administrator’s figures, which may involve estimations. Moreover, we ensure that the final numbers presented to investors are accurate and reliable.

Our independent internal checks and controls provide an additional layer of assurance. By conducting timely reporting and validation processes, we enable you to release information at the most appropriate time, enhancing transparency and meeting stakeholder expectations.

Upscale Fund services offer array of accounting services We provide comprehensive services to support various aspects of fund operations and ensure efficient management of trade operations. Our offerings include: