"Fund management" refers to the process of managing an investment fund consisting of a collection of investor funds invested in various financial instruments.
Typical functions of software in the "Fund management" domain include:
Investor management: Capturing information about the fund's investors, including contact details, accounts, and transaction history.
Portfolio management: Managing the fund's investments in various asset classes such as stocks, bonds, money market instruments, and alternative investments.
Transaction processing: Executing purchases, sales, and reallocations of securities within the fund portfolio in accordance with investment objectives and policies.
Performance measurement: Calculating and analyzing the fund's performance over specific periods, considering metrics such as returns, volatility, and other indicators.
Reporting: Generating reports on the fund's financial performance, including net asset value (NAV), investment details, and performance comparisons with benchmark indices.
Compliance monitoring: Monitoring compliance with regulations and policies by the fund, including regulatory requirements and internal guidelines.
Tax reporting: Providing tax-related information and reports for the fund's investors, including capital gains, distributions, and tax losses.
Investor communication: Communicating with the fund's investors by providing reports, performance updates, and responding to inquiries.