Fund Administration Oversight demo

What the demo shows

Tracks each fund administrator's SLAs, KPIs, SOC 1 exceptions and due diligence for fund COOs

Each administrator gets a report card like a school report: timeliness, accuracy, controls, incidents, responsiveness and staffing down the side, four terms across, a letter grade with the evidence count under it, and a comment written by the agents. Click a grade and the conversation with the agents opens beside it. The Intake agent timestamps every NAV pack and report on receipt against the contract's own cut-off; the Evidence agent measures each subject; the Grading agent proposes grades by the firm's written rubric; the Challenge agent re-grades blind on an independent model and finds amendments in any language; the Controls agent reads each SOC 1 report and joins its exceptions to the restrikes the firm saw; the Due diligence agent drafts the annual review from the year's evidence; the Remediation agent drafts letters, computes service credits and checks the administrator's evidence. The analyst proposes, the fund COO approves with a reason code and e-signature, the vendor lead sends and claims, and the CCO co-signs the complementary-controls attestation.

Transcript

1. 0:00Fund Administration Oversight grades every fund administrator on its evidence for fund COOs.
2. 0:09SEC rules still require every fund to oversee its administrator.
3. 0:17Quill Field has six administrators and 180 funds.
4. 0:23Each gets a report card, six subjects, every grade backed by evidence.
5. 0:30Pelmont drops to AC in accuracy, 7 in AV restrikes.
6. 0:37Its own report said 99% on time.
7. 0:41Against the contract, the agents measured 96.
8. 0:46The control's agent traced 4 restrikes to page 88 of its SOC1 report.
9. 0:53A second agent agreed.
10. 0:56Funds OO Lena Fisher approves, with a reason code and her signature.
11. 1:03The remediation agent drafted the letter and a service credit.
12. 1:07Lena signs it. Every grade is cited, signed by two people, and logged.
13. 1:16One record for six administrators and due diligence in days, not weeks.
14. 1:23Built on Botminds.
15. 1:25Agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.