Middle Office
Increase Operational Efficiency and Lower Your Business Costs with our Middle Office Outsourcing Services
Piedmont is well-versed in the entirety of a fund’s business processes, and understands the urgent need for efficiency and accuracy in middle office services in order to reduce operational costs. Piedmont offers extensive and expertise in this area, allowing fund managers to free themselves from unnecessary burden tasks and better focus on their core competencies, with the knowledge that Piedmont’s highly experienced team is supporting them every step of the way.
Our middle office outsourcing services include:
Focus on Core Competencies
- Data management – trade allocations, trade capture, security master setup and maintenance
- Cash management – cash reporting, reconciliation and liquidity projections
- Daily reconciliations – cash and asset reconciliation to custodian
- Portfolio accounting – income and expense accrual tracking and financial statements (balance sheet and income statement)
- Corporate Actions processing
- Independent asset valuation
We provide institutional and alternative investment funds with administrative and accounting services. Our innovative processes and technology solutions deliver efficiencies, transparency and superior accuracy to demonstrate fund performance and free fund managers to focus on their portfolios.