# Wealth, asset management and fund administration

> Sumarity for wealth, asset management and fund administration: standard workflows with every judgement checked.

Source: https://www.sumarity.ai/industries/wealth/

Wealth, asset management and fund administration 

# 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.

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What teams tell us

## 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

Workflows

## 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

Proven by codeTested

### Custody break follow-up

Age, severity, NAV impact

Proven by code

### Cash and position reconciliation, multi-custodian

Matches across custodians and the PMS

Proven by code

### Management and performance fee check

Fee basis, rates, periods

Proven by code

### Corporate actions processing

Event type, entitlement, election

Proven by code

### NAV review and price exceptions

Whether a price move or stale price is explained

Vetoed by code

### Trade settlement fails

Why it failed; the fix

Cross-checked

### CLO trustee report tie-out

Each figure against the portfolio

Proven by code

### Investor subscriptions and redemptions

Documents complete, AML, amounts

Proven by code  

Tested

## Measured, not promised.

### Custody reconciliation

0settled wrong
77% → 97%lines typed right
47% → 58%lines settled without a person  

Questions

## 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.

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