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Managing investment funds is a crucial division of the financial sector. The management and overseeing of the operation of investment funds, such as mutual funds, hedge funds, or private equity funds, are referred to as fund administration. The role of fund administration is crucial in ensuring that the fund operates effectively, remains compliant with the regulatory requirements, and provides accurate financial information to the investors.
How is KFintech’s XAlt platform evolving fund administration?
KFintech’s XAlt is the first-ever platform for fund management. It provides a well-connected, safe, and regulated financial ecosystem. Right from its inception, it has been setting new benchmarks for smooth, secure, and future operations. This all-in-one platform provides solutions for various aspects of fund management through multiple assets, currencies, and languages. Moreover, this platform comes with robust security, and it eradicates the need for multiple vendors and systems. You can visit the XAlt platform here.
Features of XAlt – A fund accounting platform
Now let’s take a look at the key features of the XAlt platform:
- Highly efficient: It is a one-stop for fund accounting, transfer agencies, investor servicing, digital solutions, and compliance in one powerful integrated solution. XAlt breaks barriers by doing away with the need for multiple systems and vendors.
- Tailor-made to your requirement: XAlt offers custom-made solutions to a diverse group of customers, investors, organizations, distributors, and AIF agents. It adapts to requirements, from routine administrative tasks to complex administrative work.
- Technology of the future: Designed using leading-edge technology, XAlt provides an exceptionally adaptable proprietary configuration engine, an advanced rules system engine, and next-generation cloud-based data storage.
- Highly secured: XAlt prioritizes security and uses various levels of security. Fund accounting data is protected under the highest security measures thanks to OAuth 2.0, OWASP protocols, audit trails, and role-based access management.
- Adaptable in each aspect: It is more than just compliant; it is an adaptable, quick force that communicates with other systems without any problems. XAlt makes sure you’re setting the standard, not just keeping up.
Why are AIFs gaining popularity in India? Explained in a blog. Click here to know.
XAlt – Industry-First Fund Accounting Features
- Integrated fund admin platform for AIFs.
- One-stop solution for fund operations, accounting, onboarding, APIs, and portals.
- Multi-currency, multilingual, and multi-asset models for various fund categories.
- Compliance with regulatory guidelines and the latest market regulations.
- Robust due diligence and risk assessment with maker, checker, and reviewer layers.
- Centralized platform for security, flexibility, and privacy.
Final Thoughts
To conclude, XAlt can be the beginning of AIF’s future journey. It is not just a platform but a commitment to transparency, innovation, and empowerment. This innovative platform revolutionizes fund accounting and administration, a fully automated system that anticipates your needs and adapts to the evolving technological landscape.
