NAV vs Official NAV
The value of all assets uploaded is summed and compared to the official NAV for the fund. Differences outside of tolerance are flagged.
NAV Validation & Oversight Monitoring Resources
Key Features
NAV Movements
Analysis of today’s NAV price with previous day’s NAV price, highlighting movements outside of tolerance. Analysis at portfolio level, asset class level and instrument level.
Share Class Price Movement
The movement in price of different share classes within a fund, from previous day and over time, are analysed for consistency, including comparison vs benchmark.
Independent Price Check
Prices used within the fund NAV are reconciled to independently sourced prices. Differences outside of tolerance are then identified & their NAV impact assessed.
FX Rates Testing
Independent price checking of FX rates used within valuations. Differences outside of tolerance are then identified.
Illiquid and Difficult to Price Securities
Holdings in suspended / unquoted / illiquid and difficult to price securities are automatically identified and analysed. Also, monitoring of stale-priced securities.
Accruals Testing
Accurals testing to provide substantive and analytic testing of income and expense balances.
Real-time checking
In addition to intra-day real time checking of the NAV, it also supports compliance / audit depositary oversight activities.
NAV Oversight Monitoring Software
An automated control framework which streamlines the NAV validation process and provides assurances over the accuracy and integrity of fund valuation.
In addition to intra-day real time checking of the NAV, it also supports compliance / audit depositary oversight activities and periodic NAV validation exercises, ensuring that oversight activities are properly focused.
Technology Solution for NAV Oversight
Automate your NAV Validation & Oversight process!
Benefits
- Interest Rate Control
- Asset Valuation Control
- NAV Recalculation
- Exchange Rate Control
- Fee Control
- Pricing Control
ATLAS Funds Training
Learn more about our online portal which contains detailed analysis and training on a number of Global Fund Regulations.
Book Your Demo Now
For more information or to see a demo of our comprehensive solutions for NAV Validation & Oversight Monitoring, please complete the form below. A member of our team will contact you as soon as possible.