Enhanced operational and reporting capabilities are key requirements when servicing Funds, and in particular Hedge Funds with large trade volumes and complex investment strategies. Our philosophy and approach has always been to invest in suitable human capital and built long-term service teams, thus providing continuity and a personalized service. We now complement our human capital with a plethora of software solutions and data providing platforms that strengthens our team and the service level we are able to deliver.

Prospero Fund Management Software is developed by Sage Advanced Solutions and is a complete, ready-to-use solution that allows the user to manage and administer unlimited number of funds and unit trusts. Prospero fund is also a Hedge Fund Trading Software ideal for investors.

Prospero Fund automates all operations including corporate actions and shareholder recordkeeping. It ensures compliance with rules and regulations by enforcing due diligence through configurable pre-trade and post-trade checks.

Prospero supports complete fund administration and its main administrative activities are the following:

  • Calculation of the Net asset value including the calculation of the funds income and expense accruals
  • Preparation of semi-annual and annual accounts
  • Maintenance of the fund’s financial books and records
  • Payment of the funds expenses.
  • Reconciliation of daily and monthly Broker Statement
  • Settlement of daily Trades, assuring that the proper dividend and interest are received, updating price of securities of client.
  • Calculation and payment of dividends and distributions
  • Direct Updates of Security prices

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The software is equipped to cover complex structures and a wide selection of investment assets as listed below.

  • Stand Alone structures
  • Investment Compartments
  • Holding Companies
  • Multi-class, Multi-currency funds
  • Master-feeder

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