|Profile||Capnetix works with investment management and custody professionals who are looking for a customized outsourced fund administration solution. These managers may be trying to launch a new fund or outsource the back-office operations of an existing fund. Capnetix provides a web-based, customizable back office fund administration platform, and outsourced administration services that will meet those needs.|
|Services offered||Capnetix provides service built on a fund administration platform using the latest in web technologies, in order to support the most efficient business processes to support your investors trading activity. As a web deployed application, this platform can act as your "virtual office". You can use the application at anytime, from anywhere. You can use the platform directly, or use Capnetix operations staff to perform the fund administration for you for a full outsourced solution.|
The platform provides the following capabilities:
* Fund setup, including name, Cusip, price and unit precision, and pricing algorithm.
* Participant and account setup, including participant names, and the funds they will trade in.
* Trade Entry by Cusip and account. Either dollar or unit specific trades.
* Entry of fund values, and specific unit price calculation.
* Fee calculations.
Funds may have some very specific business processes, that require customization. Capnetix provides the following kinds of customizations:
* Custom pricing algorithms.
* Custom allocation of income, expense, and realized/unrealized capital gains to participants for tax reporting purposes
* Custom fee calculations, including fee accruals, average daily balance, or fee schedules by asset ownership.
* Custom integration with General Ledger systems, providing NAV values (for increased automation).