Verify portfolio company numbers before AIF investor reports

Collect each investee's financial statements, covenant certificates, valuation inputs and material events, and test them for completeness and consistency. Investment and valuation teams can resolve gaps with company management, explain large value changes and release reports and event notices on time.

Starts when

Annual reporting cycle (report due within 180 days of year end) or Category III quarter end (due within 60 days)
Valuation date for the scheme
An investee company reports or is found to have a material event, covenant breach or default

People in the process

AAIF Portfolio OperationsProcess Owner
IInvestment TeamParticipating Team
VValuationParticipating Team
IInvestor RelationsParticipating Team

The process is a starting point. The standards are yours.

Configure for the SEBI registration, exchange membership and business activity. Broker, fund, portfolio-manager and investment-adviser requirements are separate.

Keep the work connected.

Compliance

Reconcile client funds and cover any shortfall the same day

Compare client money at the bank, clearing member and clearing corporation with client credit balances, and trace every break to a timing difference, wrong allocation or misuse. Finance can fund any shortfall the same day it is found while Compliance reports it and closes the break with evidence.

Margin Operations

Report client margin only as actually collected

Reconcile each client's collateral and collection records with the margin file and the clearing corporation's rejection or shortfall report, and classify every difference. Margin Operations can submit corrected files before the cut-off and avoid both short-collection penalties and false reporting.

RCC

Brokerage Operations

Repay failed client payouts to the right account

Join the client's payout request, running-account balance, bank payment and return reference to find whether the account or the amount went wrong. Brokerage Operations can re-pay correctly from the designated client bank account, update the ledger and tell the client what settled.

Explore all Capital markets processes.

Order for the work. Room for the people.