FinLab Unveils New Version Of Shadow Accounting Software

Sep 16 2009 | 11:08am ET

FinLab SA has unveiled the latest version of its fund of funds shadow accounting module, PackHedge v.4.1.

The new release—aimed at both traditional and alternatives fund of funds managers—includes the addition of a fully customizable liquidity ladder analysis tool for detailed cash projections. It allows the user to track all transactions, shareholder positions and allocations for analyzing the evolution of the fund of funds balance sheet, including number of shares, NAV prices, expenses, fees, cash, future/forwards and equalization.

"In today's environment, most firms need this type of information at their fingertips and sifting through countless Excel spreadsheets, investment memoranda and/or relying on administrators is no longer adequate," said Denis de Pentheny O'Kelly, CEO of FinLab.

"Our shadowing accounting module solves the important need of shadowing ones administrator and now provides a comprehensive means to properly assess the liquidity status/exposure of ones portfolio whether it be a simple structure or more complex master, feeder, series and cross investment structure."

FinLab is a software solutions company that develops, distributes and supports one of the world's most advanced systems for fund investment research, analysis and asset allocation for both hedge funds and traditional funds. The company's product suite, PackHedge, is a series of state of the art modular software tools that provide multi-source, multi-currency, multi frequency qualitative and quantitative data management model.

PackHedge includes data aggregation, statistical analysis and charting, a multi-dimensional query engine, complete pro-forma portfolio simulation, comprehensive fund of funds portfolio management, liquidity ladder analysis, contribution analysis, investment exposure and customizable reporting capabilities. In addition, tools to manage time series imports and customizable due diligence questionnaires are provided to ensure full data integrity.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…