Fund Financial Statements demo

What the demo shows

Drafts and ties out annual and interim investment fund financial statements for fund reporting

The draft statements open as they will be filed, with an auditor-style tick beside every number: green tied to the trial balance or holdings ledger, blue tied to last year's filing, gray footed, red open. A counter shows how many are tied; click any tick to see the ledger lines, the prior-year page or the footing behind it, and talk to the agents about that number. The Intake agent collects final trial balances; the Drafting agent builds statements and notes from the mapping; the Tie-out agent ties every number and traces breaks to their cause; the Cross-foot agent foots and cross-foots in deterministic code; the Notes agent checks every disclosure against last year and the checklist; the Language agent ties each language edition to the English master; the Auditor-request agent answers the PBC list with evidence. The reporting manager fixes and approves, the controller checks and signs, the treasurer certifies.

Transcript

1. 0:00Fund Financial Statements drafts and ties out fund statements for reporting teams.
2. 0:08Each fund is hundreds of numbers ticked by hand on a 70-day clock.
3. 0:15Overnight, agents drafted 149 of 180 funds and tied almost 59,000 numbers.
4. 0:25Every number carries a tick, ledger, last year, or footed, for a red.
5. 0:32The balance sheet is $1.2 million short.
6. 0:36Agents traced it to one forward contract.
7. 0:40Its gains sat in a liability account, so the administrators check past.
8. 0:45Fix. Map by sign.
9. 0:49Grace Liu fixes it with a reason code.
10. 0:52All 412 ticks resolve, and she approves.
11. 0:57Two more funds had the same cause.
12. 0:59One click fixes both.
13. 1:01She accepts two drafted notes.
14. 1:06Controller Marcus Bell approves the change and signs.
15. 1:09Every tick is cited, signed, logged.
16. 1:14Result, every number tied before the auditor asks, reviewed in hours, not days.
17. 1:22Built on Botminds: agents, data, screens, and governance on one platform.

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