What’s the role of Fund Administration?
The purpose of fund administration offered by ASCENT ensures that funds and ****ets are being managed in accordance with the mandate mandated. Fund administration should be an integrated part of a company’s risk management, compliance, and operational processes. Fund administration is not just the verification of transactions, but also the evaluation and approval of transactions for appropriateness. Fund administrators also provide various services such as account reconciliation, valuation services, auditing, reporting, and other such services as well as bookkeeping.
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