Asset Servicing Solutions

Hexaware ensures seamless fund onboarding with comprehensive services, including data sourcing, workflow integration, and migration. Our product implementation services offer support and customization for various systems. We develop and maintain a multi-currency fund accounting system that serves hedge funds, mutual funds, and other large asset managers. With our expertise, we ensure transparent financial reporting, seamless data integration across systems, and reliable, compliant fund administration throughout the entire lifecycle.

Simplify the complexities of corporate actions. Our corporate action management service ensures accurate anomaly validation, precise processing, and comprehensive impact reporting. This reduces operational risks, enhances efficiency, and allows our clients to focus on core investment strategies. With Hexaware, you can ensure that every corporate action is handled seamlessly, maintaining compliance and keeping stakeholders informed.

We provide advanced multi-level reconciliation systems to ensure accurate start-of-day reconciliation of trades to positions and positions to cash. Our solutions ensure smooth data flow, process automation, and precise matching of financial transactions, reducing discrepancies and enhancing operational efficiency.

Streamline and consolidate your overall client reporting system and create custom reports and user-friendly dashboards tailored to your needs by leveraging AI/Gen AI for real-time insights. Our solutions also optimize regulatory reporting, ensuring compliance with major regulations like the Markets in Financial Instruments Directive (MiFID) II, European Market Infrastructure Regulation (EMIR), Comprehensive Capital Analysis and Review (CCAR), and Sustainable Finance Disclosure Regulation (SFDR). Enhance data clarity, operational efficiency, and stakeholder engagement with actionable insights that drive strategic business decisions and improve overall performance.

Hexaware’s investment book of records (IBOR) and accounting book of records (ABOR) offerings simplify investment and accounting data management by providing accurate tracking of investment positions, cash flows, and valuations, along with precise ledger maintenance and transaction processing. Our expertise ensures thorough validation of IBOR, ABOR, and cash flows for accuracy and completeness and prompt identification and correction of any deviations from strategic asset allocation.

Our managed fee and invoicing service streamlines the entire process, from fee schedule setup and new account creation to invoice generation and accounts receivables management. We standardize processes across account opening and invoicing, enabling seamless data integration from enterprise systems. Our solution also includes risk assessment and performance analytics to optimize revenue streams and improve billing processes.

We collaborate with industry-leading vendors to deliver comprehensive platform solutions, ensuring front-to-back optimization and enhanced efficiency. Our services include seamless integration, system customization, and ongoing support to meet diverse business needs. By leveraging our domain expertise, we streamline and enhance operations, data management, and system performance to improve productivity and operational excellence throughout the platform lifecycle.

Hexaware’s EDM capabilities across front, middle, and back offices leverage the power of data analytics, artificial intelligence (AI), machine learning (ML), cloud technologies, and Big Data integration to modernize your data practices, and enhance efficiency and agility. Our strategy connects data and existing assets across organizations, minimizes costs, offers real-time insights, and reduces data redundancies.

We offer a comprehensive suite of outsourcing services spanning client onboarding, trade management, corporate actions, fund administration, fund accounting, reconciliation, data management, and client invoicing. With deep domain expertise, we provide business process services tailored for funds and financial institutions, ensuring efficient, accurate, and compliant operations that drive seamless and reliable financial processes.