MIG21 Fund Validation Workflow

Flexibly Automate your Compliance and Fund Validation Workflows

Apart from monitoring legal, contractual and client-specific investment restrictions, validating the Net Asset Value (NAV) calculated by the fund accounting system is an essential aspect in the investment controlling process. In order to prevent possible reputation risk it is crucial to detect possible NAV calculation mistakes such as wrong evaluation of positions or wrong booking of trades prior to publishing the NAV.

For this purpose, the NAV calculated by the fund accounting system and the positions are loaded into MIG21 and the NAV validation business logic is implemented using pre-configured MIG21 rules. The fund accounting system will automatically be notified whether or not the NAV can be published.

Your Benefits

  • NAV plausibility checking possible
  • Fully flexible to support customized NAV control workflows
  • Supports automation of compliance and fund validation process chain
  • Helps to detect incorrect NAVs
  • Helps to prevent publication of incorrect NAV

MIG21 Fund Validation Workflow at a Glance

  • New fund validation process after compliance check
  • Intuitive screen for process control
  • Flexible grouping of rules into validation contexts
  • Contexts assigned to funds
  • Manual blocking of fund validation possible
  • Supports NAV Auto Publish, NAV publication stop and Delay of NAV publication
  • Notify external systems about successful fund validation

Check Out Related Risk and Compliance Solutions

Global Compliance with LawCards
eMIG21

If you have further questions, please do not hesitate to email us or simply call your local office.

 

dwpbank

We chose MIG21 and German LawCard because Princeton Financial Systems impressed us with their expert industry knowledge and experience. Another determining factor was that MIG21 as a market-proven system is easy to implement and also scalable to grow with our business.
dwpbank Press Release

SEB AG

DEBAS gives us a more independent and atomized NAV control. Thanks to MIG21 we are not only able to extend our services but also to better and faster meet more complex regulatory require-
ments.
SEB Press Release

Allianz Global Investors (France) SA

MIG21 gives our customers the certainty that we are able to meet and fully comply with all regulatory and business requirements regardless of their complexity. For our institutional customers, this is an important decision criterion for co-operation with Allianz Global Investors.
Allianz GI Success Story