Outsourcing & Managed Services

We provide highly-experienced staff members to help investment advisors, wealth managers, and family offices quickly add much-needed bandwidth.

Middle- and Back-Office Operations

Add Expertise. Avoid Disruption.

To drive success, investment managers need to spend their time on clients, not operational tasks. When facing disruptions or preparing for seasonal or end-of-year crunch time, you need expertise and you need it quickly. Our staffing solutions help offices address the planned–and unplanned–issues that every business encounters:

When our settlements staff member resigned without notice, MD Solutions agreed to pick up the responsibility the very next day. Their team members had the experience to perform the work. After six months, we decided to keep MD instead of filling the position.

The Team Roles You Need.

Our approach is to tailor our experience to your needs. A typical staffing firm offers a “one-size-fits-all” approach to investment management operations. However, we know every manager has a different set of challenges and needs; what suits an Asset Manager might be irrelevant to a Family Office.

That’s why we work closely with you to select the services you need to maximize efficiencies and growth.

The Expertise You Need

Let us help manage your portfolio accounting, reporting, statements, reconciliation & processing, data, cost basis, composite maintenance, trade settlements, performance, billing, fees, corporate actions, funds, alternatives, Advent upgrades, custom solutions & reports, consulting, cloud, automation, compliance, IT, conversions, migrations, & hosting.

Cost Basis Reconciliation
Tax Lot, Reporting, Dividend Reclassifications, Step-ups, Wash Sales, Corporate Actions, Realized Gains/Losses, Transfers, Closing Methods, Tax-Loss Harvesting, Maintenance, Capital Gains Tax Rate Calculations

Market Value Reconciliation
Review & address pricing differences between your various sources and run a market value reconciliation report to compare market values to the custodian to check for outliers.

DTCC Trade Settlement Services
Reconcile trade confirmations & affirmations and monitor, track, and communicate any discrepancies with the appropriate parties. Includes post-trade processing, matching, and settlement verification.

Performance Services

Performance Updates & Validation
Update portfolios, accounts, asset classes, securities, sectors, groups, composites, or as defined by your firm’s standard operating procedures.

Performance
Calculate & validate performance returns, audit data accuracy for outlying items, review reports, and test, research, & troubleshoot all identified performance outliers and communicate fixes.

Composite Maintenance
On a per composite basis, this service includes new account setup, composite updates, validation, corrections, support, maintaining memberships and proper construction, or as defined by your firm’s policies and standard operating procedures.

GIPS
Assist and help prepare for GIPS verifications, audits, compliance standards, and performance protocols based on your firm’s GIPS policies and procedures.

Daily Reconciliation & Processing

Cash Reconciliation
Position Reconciliation
Transaction Reconciliation
Cost Basis Reconciliation
Manual Statement Reconciliation, Updates, & Processing
Trade Reconciliation
Bank Reconciliation
Month-End Reconciliation

Account Reconciliation
Manual Account Reconciliation
Market Value Reconciliation
NAV Reconciliation
Private Equity Reconciliation & Statement Processing
International Reconciliation
Dividend Accrual Reconciliation
Interest Accrual Reconciliation

Data Reconciliation, Matching, Break Resolution, & Exception Management
Pooled Investment Reconciliation
Tax Lot Reconciliation
Custodian Reconciliation
Broker Reconciliation
Paper Statement Reconciliation
Global Reconciliation
Institutional Reconciliation

Reporting, Billing, & Performance Services

Portfolio Accounting
DTCC Trade Settlement Services
Post-Trade Processing
Corporate Actions Processing, Research, & Pricing Services
Shadow Accounting
Cost Basis Management & Reporting
Fund Accounting
Statement & Report Generation
Tax Management & Reporting

Performance Services
Performance Updates & Validation
Composite Maintenance & GIPS
Performance Reporting
Client Reporting Services
Quarter-End & Month-End Reporting
Period-End Report Generation, Packaging, & Distribution
Investor Accounting & Reporting
Risk Management & Analytics

Automation- Scripts/Macros/Programs/Rules/Etc.
Billing, Fees, & Revenue Management
Client Invoicing Services
Management Fee Services
Performance Fee Services
Alternative Investment Reporting
Partnership Accounting & Reporting
Financial Statements
Compliance & Regulatory Reporting

Account & Data Services

Data Management
Data Audit, Updates, & Validation
Custodial & Market Data Services
Account Management
New Accounts & Securities Setup
Manual Account Management

Data Downloads, Translation, Corrections, & Posting
Database Cleanup & Maintenance
Data Quality, Security, & Aggregation
Data Import/Export, Rules, Cleansing, Formatting, ETL, APIs, FTP, & SFTP
Group Management, SSIS, & Flat Files

Data Collection, Consolidation, Normalization, Processing, & Delivery
Security Master Maintenance & Reference Data Management (RDM)
Manual Data Entry & Input
Trade Date & Settlement Date
Data Extracts, Interfaces, & Feeds

Client Reporting Services

Packager
Streamlining and automating the client package creation process.

Client Reporting Packages workflows including content & client group creation and maintenance.

Period-End Report Generation, Packaging, Scheduling, & Distribution.

Billing, Fees, & Revenue Management

Billing Initial Setup
Setup new account & household data, rules, parameters, reports, billing frequencies, assigning fee schedules & calculations, invoicing, revenue sharing, & payout process.

Billing Services
Tiered billing, advisory fees, invoice generation & payment management, forecasting, prorated billing, performance fees, family billing, asset exclusions, management fees, revenue sharing, commissions, cash flow adjustments, discounts, reconcile payments, upload fees to custodians, or as defined by your firm’s standard operating procedures.

Management Fee Services
Confirm all portfolio management fees have been charged including the calculation and posting of fees.

Software & Technology Consulting

Custom Development & Software Engineering

Advent Custom Reporting
Advent Axys/APX & Moxy Reporting
SSRS, REPLANG, Report Writer Pro, Crystal, & Compound Reports
Custom Software Development
Advent Moxy Custom Trade Extracts, Uploads, Commission Calculators, & File Formats

Custom Report Writing
Automation Services
Custom Application Development
Programming, Scripting, & Coding
Custom Billing Solutions
Custom Report Modifications, Upgrades, & Maintenance

Business Intelligence (BI) Reporting
Custom Report Development
Custom Engineering, Design, Architecture, & Creation
Customized Solutions & Product Development - SSRS Dashboards, Utilities, Data Extracts, Interfaces, Integrations, Feeds, Rules, Queries, Programs, Scripts, Macros, Tools, Etc.

Technology Services

Azure Private Cloud Hosting
Dashboards, Blotters, SQL, & Utilities
Monitoring, Audit Trails, & Tracking
Configuration Files, SDKs, & Queries
Product & Software Planning, Setup, Testing, Deployment, & Optimization

Looking for an experienced team to help manage your middle- and back-office operations? Reach out today to learn more about our investment operations and outsourcing services!