Financial Accounting and Reporting  
 
 
Hedge Fund Services
Fund of Hedge Fund Services
Middle and Back
Office Partnership
with Hedge Fund Administrators and
Prime Brokers


 
Investment Research and Analysis

Investment Banking
Omega Capital
 

 

 


Our institutional
brokerage partner:
Asian Markets
Securities (AMSEC)

 
 
 
Financial Accounting and Reporting

Epitome provides customized finance and accounting services. Our expertise lies in accounting and tax process outstourcing solutions. We provide a complete range of services encompassing accounts payable/receivable, asset accounting, billings, cash application, cash disbursements, reconciliations, credit authorisation, financial analysis and reporting, freight bill auditing and payment, inventory and cost accounting, payroll, pension accounting, records management, regulatory compliance, stock option accounting and tax compliance.


Fund Services
 
Epitome’s fund services business is customized based on our client’s needs. We first seek to understand the fund’s strategy and the fund manager’s goals and expectations of our services. Our solutions are targeted to address the very specific needs. We provide middle and back office operations, fund accounting, investor services and hedge fund analytics services. We have also performed advisory and consulting services to sizeable startup hedge funds that require an operational infrastructure set up across the front, middle and back office.
 
Hedge Fund Services
Fund of Hedge Fund Services
Middle and Back Office Partnership with Hedge Fund Administrators and Prime Brokers
 
Hedge Fund Services
 
Epitome’s hedge fund service is targeted at mid- and large-sized hedge funds with a variety of strategies. Over the years, we have developed experience in delivering accounting and administration services to hedge funds. We cover an extensive range of instruments from exchange-traded to OTC  derivative instruments. We at Epitome continuously work on learning new products in order to meet challenges posed by introduction of new products in the hedge fund portfolios and developing in-house proprietary valuation models for products such as credit default swaps and interest rate swaps. We can tie-up with an administrator located in offshore locations for Registered Office and Fiduciary Services.
Middle and Back Office Services
 
Trade capture and Validation
 
Reconciliation
 
Transaction processing
 
Income and expense accruals
  Daily market pricing
 
Real-time processing of wire instructions
 
Daily profit & loss computation
 
Daily position reporting
Fund accounting
 
Monthly closing, income and expense accruals
 
Calculation of performance and management fees
 
Pricing and valuation of month end portfolio
 
Calculation of Monthly NAV
 
Maintenance of fund accounting books and records
 
Preparation of monthly financial statements
 
Preparation of monthly gains/losses reports
 
Calculation of fund and investor performance
 
Audit assistance
 
Preparation of Investor reports, statements and capital reports
 
Transfer agency and shareholder services
 
US tax processing, including preparing information relevant to tax filings such as K-1s and 1065
 
AML checks and tracking of KYC documentation
 
Investor Communication
 
Customized reporting
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Fund of Hedge Fund Services
Our suite of services for the FoF industry encompasses the entire range of middle and back office activities. We act as an extension to our client thereby allowing them to focus on core activities like investor acquisition, trading and making investment decisions. We have a proven track record and robust processes along with experienced staff.  Our services have brought quantifiable benefits to our FoF client processes, helping them mitigate risk and ensuring process stability and an increased return on investment.
Accounting
 
Trade Capture and processing
 
Trade / position reconciliation
 
Cash / Collateral reconciliation
 
Performance data gathering
 
Corporate action processing
  Net asset value computation
 
Preparation of financial statements
   
Performance Measurement
 
IRR calculation and comparison against benchmarks
  Assessment of portfolio liquidity position
 
Compilation of leverage across portfolio
 
Performance Attribution
 
Manager and counter party concentration
 
Monthly summary performance reporting
   
Investor Services
 
Processing of redemption and subscription requests
  Partnership accounting
 
Investor Reporting
   
Investment Due Diligence
 
Analysis of qualitative information provided by hedge fund manager
 
Collection and analysis of Manager background information
 
Quantitative analysis of hedge funds past performance
 
Assessment and compilation of public information
   
Investment and Risk Analytics
 
Quantitative analysis of hedge funds performance
  Assessment of HF manager letter to investors
 
Analysis of manager risk report
 
Analysis of audited financial statement
 
Assessment of changes in PPM and subscription documents
 
Assessment and compilation of public information
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Middle and Back Office Partnership with Hedge Fund Administrators and Prime Brokers
 
With our proven track record in providing middle and back office operational support to our clients with an AUM of approximately 7 billion USD, we are in a position to address the needs of Hedge Fund Administrators and Prime Brokers. Epitome partners with you by providing its operational expertise, a sound transition management plan to leverage the cost advantage and provide scalability to your operation without sacrificing quality. Partnering with Epitome offers you significant cost savings of more than 50% and a significant time zone benefit. We would use your technology platform, but can also work with you to develop a flexible, scalable platform that suits your purpose. Epitome’s process-driven approach makes client processes people independent and repeatable.
 
Trade Support and Reconciliation
 
Trade Capture and processing
  Trade / position reconciliation
 
Cash / Collateral reconciliation
 
Swap reconciliation
 
Securities master maintenance
 
Corporate action processing
 
OTC derivative documentation and confirmation support
   
Investor Services
 
Maintenance of Shareholders’ register
 
Handling investor documentation
 
Compliance to investor eligibility norms
 
Perform certain anti money laundering checks
 
Subscription and redemption processing
 
Investor query handling
 
Investor communication
 
Transmission of offering memorandum
   
Fund Accounting
 
Accounting / Maintenance of transaction history
 
Pricing and valuation of Portfolio
 
Income and expense booking
 
Performance equalization
 
Investor accounting
  NAV computation and reporting
 
Performance Reporting
 
Preparation of the Fund’s financial statements
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