Role and Responsibility of Fund Administrator! Detail Explanation!!

1. Ascent Fund Services We, Ascent Fund Services is experience and independent global fund Administrator dedicated to provide customized solutions to a wide range of asset managers. we provide all the Administrator services. www.ascentfundservices.com

2. Role & Responsibility of Fund Administrator For a businessman especially related to the financial institute boosting his/her business is not easy because of tough competition in that particular domain. It requires lots of hard work, dedication, and full concentration to think the new & innovative ideas to elevate the business. But every kind of business has different kinds of responsibilities associated with it. There are various businessmen try to handle all these things on their own. Hence get the result that is not in their favor. It is not easy to handle all because like this a person is not able to fully focus on their business and tangled in other tasks related to the business. Now people are smart enough and that’s why they choose the Shadow NAV Administrator and other administrators according to their requirements. It has proofed also that hiring the fund administrator for any business makes the fund managers more productive. www.ascentfundservices.com

3. Responsibility of Fund Administrator There are various responsibilities performed by the Fund administrator effectively. Now let's have the look at the major duties of the Fund administrator- On a daily basis, he/she manages as well as monitors the fund accounting operations. Preparing the ad-hoc financial statements also comes under the duty of the Fund administrator. The fund administrator calculates and manages the expenses and cash flow on a regular basis. Maintaining the accurate records of the entire fund transactions is done by the Fund administrator. He/she does analyze the funding issues and suggesting corrective actions. The fund administrator also follows the company policies for running smooth operations. In addition to this, monitoring the cash loan and returning the programs. He/she is also responsible for performing month-end account closings as well as reconciliations. Also, responding to fund accounting inquiries timely also the duty of the Fund administrator ● ● ● ● ● ● ● ● ● www.ascentfundservices.com

4. Conclusion- Apart from this, there are other responsibilities which effectively handled by the Fund administrator. Hope now you have understood how important it is to hire the Hedge fund administrator or other relative administrators. If you are thinking to avail of this kind of service, then you can visit the ascentfundservices.com. It is an amazing website where you would get an outstanding & reliable administrator service. Also, here you would avail of the services at affordable rates. It is known for its reliable services. Due to its highly educated and experienced professionals, this company is widely appreciated among the people for its excellent service. So, find the best Alternative Investment Fund Administrator for your company for managing the external task of your business. www.ascentfundservices.com