BPO services: Administration of Portfolios with NAV calculation

August 3, 2016 - The Administration of Portfolios with NAV calculation service includes the carrying out, by SOFIA Online, of all the administration activities for pension funds and unit linked portfolios, in particular:

• Updating of holdings that represent the shares of internal funds and current accounts, and security reconciliations
• Controls prior to the NAV calculation:
• Current account matching
•  Balances matching for securities holdings
•  Availability of prices and FX rates
• Calculation of official NAV, ledger extraction and successive controls, production of reports for the purposes of monitoring and publication
• Periodic processing:
• Calculation of the monthly NAVs, ledger extraction and successive controls, production of reports for the purposes of monitoring
• Calculation of the year-end NAVs, extraction and asset matching of the ledger, annual extraction of statement of accounts with asset/liability and profit/loss matchings

For further information and more details, please contact our sales department at +39 02 4855871 or sales@sofiaonline.eu.