Prospero’s Fund Administration & Management solution lets you trade any kind of financial instrument, compare your performance to a benchmark’s and produce detailed analytics. It also provides accurate fund administration and accounting and NAV calculation. And, it works with both traditional and Islamic funds.

• Operates as a stand-alone system or integrates seamlessly with a legacy system or other Prospero modules
• Supports all types of funds and all asset classes
• Allows online subscriptions and redemptions with flexible time periods
• Lets you create investment restrictions and monitor compliance online
• Lets you view fund performance for any period of time
• Offers many types of fee calculations
• Calculates NAV for a number of fund structures in any base currency at any frequency
• Handles fund administration, including an integrated real-time general ledger, and supports shareholder recordkeeping and corporate action processing
• Lets you define interfaces with all necessary third parties
• Offers detailed analytics that calculate your performance relative to a benchmark’s
• Comes with a full set of standard reports for both current and historical periods, and lets you customize your own reports
  
  

• Supports all asset classes that adhere to Islamic laws, allowing investment in Islamic liability products, asset products, real estate, private equity funds and limited partnerships
• Allows you to create two segregated universes of financial instruments—Islamic and non-Islamic—and warns you if you try to select a non-Sharia-compliant instrument for a Sharia-compliant fund
• Offers pre-trade and post-trade alerts to help you maintain compliance with Sharia law
• Supports the Hijri calendar
• Offers Islamic fund accounting
• Allows you to send reports and fact sheets to clients in Arabic
  
  

• Fund administrators
• Prime brokers
• Custodians
• Fund managers
  
  

Our preconfigured models are programmed with specific parameters–in this case, pre-defined charts of accounts, balance sheets and trial balance reports, as well as mapping of entries in the general ledger. These parameters allow you to experience Prospero straight “from the box” with little setup work required. They can be changed as needed.