Fund Administration
Exceptional Multi-Family Office Correspondence
ONW has powerful tools for managing correspondence to family members. Fund-level roles allow correspondence for capital calls, distributions CCs, or general mailings. Correspondence can be faxed, emailed, or printed out hardcopy with labels. Family member/investor snapshots are available with an ingenious capital- account reconciliation matrix with drill-down granularity available with a click of a mouse.
Powerful, Flexible Capital Reconciliation
ONW's capital reconciliation view consolidates investment participation into an interactive experience. This visual 'cap-rec' matrix is ideal for assessing the balances of family members investing in any fund structure. In addition, full granularity for any transaction item by investor is available on demand including stock distributions, cash distributions, realized gains, and unrealized gains. With ONW, it is possible to run investor capital-balance calculations on an aggregated or single tax-entity basis with the ability to switch views to tax, accrual, or book with a single click.
Robust Asset Layering to Family Investors
The asset allocation across alternative asset investment is allocated with complete granularity down through the fund conduit and to each layer of family trust vehicle. The result is complete asset transparency at any level -- down to the family members. Thus, the investors, the high net worth individuals participating in the funds, can view an asset snapshot at any time.
Integrated General Ledger
Accounting entries and transactions are firmly linked in the ONW model, and provide a consistent ‘one touch’ straight-thru accounting model. Accounting entries are created automatically from derived transactions. Mapped transactions and general ledger charts of account hierarchies automatically create a drill-down, trial- balance summary. ONW has the ability to produce reports including the trial balance, income statement, and balance sheet for a designated, legal fund-entity.
