Overview

Rely on our leading hedge, private equity, real estate and fund of fund administration service. Citco provides scale, service excellence and commitment to innovation. This has resulted in a record of bespoke solutions, continual product advances and, above all, meeting client expectations.

Key Services

• Maintenance of books & records

• Daily recorded profits & losses

• Weekly NAV estimates

• Monthly Master & Feeder NAV calculations

• Fee calculation

• Price verification

Overview

Rely on Citco to perform investor services across the globe. Regardless of where your investors are, we maintain investor records for all classes of alternative investment – hedge funds, funds of funds, private equity and real estate.

Key Services

Hedge funds & Funds of funds

• Review investor documentation
• Process capital transactions
• Issue confirmations & contract notes
• Process treasury transactions
• Maintain investor fee & liquidity terms
• Maintain share register
• Perform KYC & AML checks
• Online reporting

Private Equity & Real Estate

• Maintain all investor records
• Prepare & issue capital call & distribution notices
• Disseminate investor correspondence
• Perform KYC & AML checks
• Online reporting

Overview

Outsource your middle office to improve efficiency and manage costs. Citco’s comprehensive range of best-in-class services frees hedge funds and funds of funds to manage their investments rather than the middle office. 

Key Services

Hedge funds

• Trade, position & cash reconciliation
• Corporate action processing
• Listed & OTC pricing
• Flash P&L & reconciled P&L
• OTC confirmation review
• Collateral management

Funds of Funds

• Trade & cash reconciliation
• Corporate action processing
• Hedge fund pricing
• Credit facility
• FX hedging
• Asset servicing

Overview

Citco has developed a range of innovative regulatory reporting services aimed at raising the efficiency of your business by taking advantage of overlaps between different global reporting requirements.

Our specialized team and interactive tools and portals help you to gather data, perform calculations, prepare reports and manage the regulatory process.

Key Services

• Assistance with U.S. regulatory reporting requirements primarily related to SEC, NFA, CFTC and U.S. Treasury mandates

• Reporting in compliance with the AIFMD

• Multi-jurisdictional filing services

• Reporting in line with AEOI requirements

• Support with compiling key data for your local and global teams on their regulatory processes

Overview

Prepare financial statements for the fund, confident that they conform with the latest accounting guidance.

We organise funds’ annual, quarterly, and/or monthly unaudited financial statements in conformity with the relevant accounting standards (U.S. GAAP / IFRS). Additionally, we organise financial information required for regulatory filings.

Key Services

Regular financial reporting

• Unaudited financial statements in conformity with the relevant accounting standards

Regulatory reporting support

• Financial information required for regulatory filings

Overview

Citco tax team provides timely and accurate tax reporting for both the funds and the investors in Hedge Funds, Private Equity and Real Estate Funds, and Fund of Funds.

Citco delivers a complete solution – dedicated tax team with international presence, customised tax technology solutions, data integration, efficient reporting process and continuous service. Our experienced tax professionals can prepare all US federal and state forms and the service is customisable to the needs of each client and particular fund.

Key Services

Tax Compliance

• Preparation of taxable income, tax allocations and investor K-1s
• Fund & Management Company Tax Returns
• State & Local Filing
• Passive Foreign Company Annual Information Statements
• Form 1099 Preparation
• FIN 48 Analysis
• IRS & State Audit Assistance
• FATCA Returns & CRS Filing

Tax Planning & Technology

• Live Tax Trial Balance through Tax Dashboard
• Optimisation of lot relief methodologies
• Dynamic tax estimates
• Customised daily wash sales, straddles reports
• Proprietary Tax Allocation Modelling
• Tax Waterfall Modelling

Overview

Analyse the drivers of funds’ returns and the risks they are taking. Our suite of risk and transparency solutions give in-depth insights into funds, using a wide range of metrics.

Key Services

Interactive Risk dashboard

• Exposure and Performance Attribution drill-down
• Benchmark comparisons and performance metrics
• Limits and guidelines monitoring
• VAR, scenario and factor analysis, stress testing

Transparency Reports

• Suite of standard attribution reports
• Open Protocol
• Bespoke calculations and flexible report formats
• Aggregated reports across multi-asset, multi-fund

Risk computations for Regulatory Reporting

• Form PF, AIFMD, PQR, BASEL III, Solvency II

Overview

By focusing on proprietary solutions for core systems, we are best positioned to keep up with the dynamic nature of the alternative investment industry. We believe that we have been an innovator in the alternative investment space and we continue to look for key differentiators to set us apart and to help our clients/our partners succeed in their businesses. Our technology has been built for alternative investors and managers. Our technology allows monitoring of positions across all operational, regulatory, compliance and legal groups.

Citco’s technological innovation ranges from our introduction of the Æxeo front-to-back system in 2002, to the AXI transfer agency and allocation system in 2009, to the CitcoOne™ web platform and CitcoWaterfall™ engine in 2016.

• With the delivery of information at the core of our business, Citco is focusing on developing ‘big data’ to improve what we offer our clients still further.
• Citco’s primary technology security goal is to ensure that all clients interact in the most secure possible environment and that their information is safe.
• Comprehensive security measures include: encryption, intrusion protection and access management systems.
• Business continuity and disaster recovery systems are in place across all operating locations.
• Our continued financial commitment to technology investment allows us to provide the alternative investment industry with flexible, secure and robust systems.
• With US$995bn under administration, we act for 20% of the hedge fund marketplace, calculating more than 250,000 fund NAVs per month.

Overview

Citco believes a customer with a portfolio of a thousand loans and one with fifteen loans require the same level of attention and care. All the services underpinning Citco’s world-class service model can be tailored to fit your needs. If you are investing in leveraged loans, private credit or commercial mortgages, Citco’s Loan Servicing Solutions support your needs.

Key Services

• End to end technology ecosystem, which is constantly evolving to surpass market requirements;
• Deep understanding of loan servicing and fund administration;
• Global team of specialists, with experience in the full lifecycle service of syndicated and private credit instruments;
• Full-service, complex and multi-dimensional loan servicer;
• Holistic, life cycle support – from loan origination to payoff, with expertise in modification and distressed loans;
• Services tailored to your portfolio;
• Control processes focused on independent data validation;
• Fully engaged in SOFR preparedness and support;
• Complex loan-level and facility-level covenant tracking.