Quintillion Limited has launched a web based approval method for their clients’ net asset values via their reporting portal.
While Quintillion already facilitated publishing of NAV reporting directly to the web portal for client review, the NAV sign-off application now allows a client to approve the per share class values at the click of a button.
The NAV sign-off application has been configured such that it integrates with the Quintillion operations dashboard to notify the Investor Services group once a NAV has been client approved and thereby automatically commencing the Investor Services monthly reporting process.
Joan Kehoe, CEO of Quintillion, says: “This new innovation will remove the need for verbal or e-mail confirmation from the client and will also allow for accurate monitoring of the time required to review a fund’s NAV. This advancement, along with ongoing enhancements to our proprietary web portal, are part of Quintillion’s goal to deliver a fully automated and transparent solution to our client’s needs.”