Wealth, asset management and fund administration: the doubts, not the drudgery.
Custody and cash reconciliations across banks and layouts, fees, corporate actions, NAV checks and investor dealing. Where Sumarity was first tested, on a live fund's real custody statements.
Where the time goes
Statements from every custodian in a different layout
Breaks that sit open because no one can say what they are
Fees and corporate actions checked by hand
Standard workflows for asset management
9 workflows · Proven by code: 7 · Vetoed by code: 1 · Cross-checked: 1
Custody reconciliation
Each custody line's type; matches to the book
Custody break follow-up
Age, severity, NAV impact
Cash and position reconciliation, multi-custodian
Matches across custodians and the PMS
Management and performance fee check
Fee basis, rates, periods
Corporate actions processing
Event type, entitlement, election
NAV review and price exceptions
Whether a price move or stale price is explained
Trade settlement fails
Why it failed; the fix
CLO trustee report tie-out
Each figure against the portfolio
Investor subscriptions and redemptions
Documents complete, AML, amounts
Measured, not promised.
Custody reconciliation
What buyers ask
Which process should we start with?
The one with the most items your team checks by hand and a clear way to tell right from wrong: usually a reconciliation or a matching process. Its judgements are proven by code, so most settle without a person.
Do you connect to our systems?
Files in any layout (spreadsheets, CSV, PDF, bank formats), e-mail inboxes and folders, and an API for software. Connectors for particular systems are built as customers need them.
How long does a pilot take?
A few weeks alongside your own process, on your own data, at our cost. It ends in a line-by-line comparison: what it settled, what it sent to people, what it caught, and the time it took.
Bring one asset management process. Run it alongside yours.
We design it with your expert, run it in parallel, and show you the comparison.