J.P. Morgan Worldwide Securities Services has launched a portal allowing alternative asset managers access to their fund administration data.
Alternative Investment Reporting is targeted at hedge fund, private equity and real estate managers. It consolidates data and generation of reports across alternatives products via a single reporting platform irrespective of fund structure.
Stephanie Miller, global head of alternative investment services for J.P. Morgan WSS, said: “Alternative Investment Reporting is an integral part of our alternatives roadmap as it provides our hedge fund, private equity and real estate clients with a single front-end interface irrespective of fund type. This solution highlights our continued commitment to providing two-way communication and transparency to our fund administration clients.”
The new technology includes a dashboard providing access to top holdings, top capital flows and workflow status without the need to run a full report.
There is a workflow module that provides clients with the ability to monitor key operational processes and deliverables such as valuations and capital events. It also includes a reporting interface enabling real-time access to reports in multiple formats and a document repository.
J.P. Morgan’s private equity and real estate services and hedge fund services businesses together administer about $500 billion in client assets.