Linedata Services has launched a new addition to its MFact Fund Accounting suite. The NAV Dashboard manages the Net Asset Value (NAV) process with real-time overview for exception management.
The NAV Dashboard provides real-time status reports and highlights exceptions with color-coded status icons to indicate whether items have passed or failed based on pre-set parameters.
In a statement, Peter Muldoon, Executive Vice President with Linedata Services, said, “Linedata Services is continually focused on increasing usability and reducing operational risk for clients, and these are the key drivers behind this breakthrough in the MFact fund accounting suite. The NAV Dashboard's data visualization functionality allows clients to identify and respond to exceptions at a moment's notice. NAV Dashboard can help to increase efficiency and reduce operational risk, helping our clients stay balanced amidst unsettling market developments.”
The NAV Dashboard can also provide automated accounting controls around important steps the fund accountant takes to process the fund NAV.