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Wells Fargo Global Fund Services launches Fund View

Wells Fargo’s Global Fund Services has launched Fund View, an operational system for managing and analysing the middle- and back-office operations, fund accounting, and regulatory and investor servicing functions of hedge funds and private equity funds.

"Fund View provides managers with operational information on a real-time basis enabling them to better manage and analyse post-trade activities,” says Christopher Kundro (pictured), head of Global Fund Services. “It will provide our customers with the critical information they need for monitoring and measuring operational activities, analysing and mitigating operational risk, and ultimately ensuring that their funds are operating efficiently and effectively.”
 
Fund View is composed of three modules, or views, uniquely developed for the needs of chief operations officers, chief financial officers, chief compliance officers, investor relations professionals and other designated users. Fund View provides full lifecycle transparency and reporting across all functions and activities outsourced to Wells Fargo Global Fund Services:
 
·       Operations View: middle and back office activities such as trade capture, securities/cash reconciliation, confirmation, settlement, cash & collateral management, asset servicing and P&L calculations
·       Accounting View: activities related to NAV calculation and financial statement processing
·       Investor/Regulatory View: subscription/redemption and capital call/distribution, KYC/AML, and investor accounting and servicing activities
 
Fund View also provides advanced tools for managing counterparty, valuation, and other critical operational risks; and for accessing timely information for supporting capital raising and investor service related activities.
 
Current customers of the legacy system, RealSTP, can expect a seamless transition to the new Fund View platform almost immediately

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