Middle-office and back-office outsourcing services
Increase efficiency, reduce costs by outsourcing your operations
As an investment management company, your goal is to generate returns for your clients, and revenue for your organization. A functioning middle- and back-office plays a crucial role in achieving those objectives.
However, tasks like reconciliation and performance reporting can be costly, time-consuming, and error-prone. What’s more, operational and admin work does not generate any revenue for your firm.
You are in business to make money for you and the clients, and your efforts should be focused on revenue-generating activity.
We Know Operations; We Know Investment Firms
Middle- and back-office outsourcing for investment managers is in our DNA. We have been delivering operational excellence to wealth and asset managers, hedge funds, and family offices for over 16 years.
Empaxis eliminates the hassle and frustration with operational work by providing a comprehensive set of middle-office and back-office outsourcing services tailored for your operation as you need them.
We are systems-agnostic, meaning we work with any portfolio accounting systems and technology that you are using, operating within your environment.
Our portfolio accounting experts work in a tightly-controlled, results-oriented environment, processing your data accurately and securely. Your firm will gain flexibility, and increase operational efficiency, reducing costs by up to 50 percent.
Outsourcing services offered by Empaxis
Reconciliation reporting:
Timely, accurate reconciliation delivery regardless of portfolio complexity, including transactions, positions, market value and cost basis to deliver accurate monthly reports quickly
Performance reporting:
GIPS standards or proprietary performance measurement and review service
Billing:
Billing statements prepared for your clients according to required schedules
Cost Basis:
Cost basis input and calculation, capital gains tax rate calculation
Corporate actions processing:
Stock splits, reverse splits, spin-offs, cash dividends, mergers and acquisitions, bond calls, tender offers, ticker and CUSIP changes
Fees and expenses calculation:
Calculating management fees, incentive fees, excluding special members and accruals
Partnership reports:
Report generation in various formats to save you time and money
NAV calculation reports:
Net Asset Value reports to know true valuation of clients’ portfolio assets and funds.
Auditor liaison:
We work directly with your auditors at year-end to ensure they have the necessary documentation.
Additional Benefits of Middle- and Back-Office Outsourcing with Empaxis
Empaxis was the first firm to offer middle-office and back-office outsourcing services, and we continue to provide leading-edge solutions.
We provide overnight reconciliation and reporting processing, and we are available 24/7. Our “follow the sun” approach ensures that investment managers, no matter where they are located, will get support as they need it.
Your platform is our base: our team works with your preferred portfolio accounting system, tailoring our service to meet your firm’s investment strategy. Regardless of region, currency, or asset class, we process your accounts accurately and quickly.
Staff augmentation
No need to spend time looking to hire and train new talent. We have already built up the bench for you, and we are ready to help you scale your operation.
With Empaxis, you’ll have access to a team of portfolio accounting experts, eliminating key personnel risk for your organization.
Whether you’re firm is ramping up or down, you can add or reduce labor as needed.
Case Study: Cornerstone Advisors
We knew we were going to launch new products and target new types of clients, which would lead to growth and require scalability. We also knew that if our back-office was not prepared to sustain that growth, these initiatives we were putting in place would not be successful.
– Aimee Hauff, Director, Investment Operations, Cornerstone Advisors, Inc.
