TOPIC TAG
#fund-ops
3 items tagged fund-ops — posts and signals combined.
Posts
What an IBOR actually is (and why ABOR is not the same book)
The investment book of records is the desk's live truth; the accounting book is the auditable one. Most data pain lives in the gap.
Where NAV really breaks
NAV rarely fails because the accounting engine is wrong. It fails on prices, corporate actions and late trades.
Signals
Fund administration consolidation continues
Administrators keep buying technology rather than building it, which changes who owns the NAV toolchain.