Fund Administration Outsourcing

IBN is an independent global service provider who offers a full suite of comprehensive administration outsourcing services to Fund administrators and hedge funds. Over 10 years of operations, we have acquired expertise in back office fund administration by working with different fund administrators and other services providers. Value proposition of our Fund Outsourcing services is flexibility, reliability and transparency. Our fund administration services can be customized to best fit our client's individual requirements. Key differentiator of our back office service is that we provide our clients with global client relationship manager who has responsibility for service delivery and quality standards.

Fund Accounting Services

Updating trading activity from front-end trading systems or Automatic Updation in system

Trade & Position reconciliation with prime brokers

Independently calculate and record income and expense accruals and reconcile with prime broker's activitiese

Calculate and record management fees in accordance with fund documents

Calculate and record incentive fees per fund documents

Preparation and maintenance of complete set of books, from a comprehensive General Ledger, Trial Balances, security ledgers, realized capital gain /loss statements, Income and Expense statements, to all other necessary supporting schedules

Preparation of Financial Statements for each period end

Calculate NAV for each share class in accordance with fund documents

Tax Services

Preparation of preliminary tax allocation based on tax allocation method selected by fund and report for review of fund's auditor; preparation of draft Federal K1 Forms (subject to the review and approval of all allocations and footnotes by the fund's auditor and tax advisor)

Investor Services

Accept investor subscription & redemption documents

Perform AML procedures in accordance with local AML laws and regulations

Maintain investor contact database

Prepare an account statement for each investor

Compute monthly and year-to-date gross and net performance for each investor or share class

Distribute monthly statements, notices, audit reports, and tax forms to investor