Middle Office Services

ZAIS Solutions provides middle office and customized support services to allow portfolio managers to focus on the business of trading. Services include trade processing, forecasting and monitoring, portfolio servicing, investor services and development of an investor’s fund website. ZAIS Solutions can also act as a liaison between portfolio management, fund administrators, prime brokers, auditors and counterparties.


Trade Processing
  • Confirm trade details with trader and counterparties
  • Settle all types of cash trades including physical deliveries
  • Process all phases of synthetic transactions (i.e. prime broker give-ups, novations, partial or full terminations, etc.)
  • Coordinate interactions of portfolio management, prime broker, custodian and counterparties for all phases of derivatives transactions
  • Track, review, confirm and store OTC derivative contracts
  • Monitor, analyze, process margin postings and claim-backs
  • Establish security masters for new securities or new issuers
  • Customize the trading platform to conform to the fund requirements, trading procedures and trade types
  • Maintain positions and transactions in the trading platform

Valuation


Servicing the positions
  • Monitor corporate actions
  • Forecast payables, receivables and other future cash items
  • Provide access to daily updates and cash projections based on customized gap risk scenarios and future cash flow projections for current, 1 month, 3 months, and 12 months time periods
  • Reconcile cash transactions and manage cash positions
  • Monitor and report concentration limits and compliance with investment guidelines
  • Distribute a daily trade blotter to portfolio management for position confirmations
  • Provide portfolio management with real-time access to current positions and transactions

Investor Services
  • Prepare and deliver daily / periodic reports as specified by the investor
  • Set-up an investor’s website to view positions and transactions, and retrieve fund reports

Administrator Liaison
  • Provide administrator with positions, transactions and marks
  • Reconcile prime broker and administrator positions
  • Check and signoff on NAV calculated by administrator

Audit Liaison
  • Manage auditing process for all parties involved
  • Maintain trade records and valuation related data
  • Work with investors and auditors to develop an agreed-upon procedure on record keeping and valuation

Prime Broker Liaison
  • Forward trade instructions to prime broker
  • Monitor and resolve trade settlement issues
  • Reconcile daily trade blotter, current positions and transactions
  • Reconcile cash transactions and balances
  • Monitor margin requirements and process margin calls
  • Analyze calls on position or portfolio level