SS&C Technologies, a provider of financial services software and software-enabled services, has released Total Return 2012, an update to its portfolio and partnership accounting and reporting platform for hedge funds, funds of funds and family offices.
The enhancements will offer greater transparency for investors in line with increasing market requirements.
In response to the growing demands for additional fund disclosure, the latest release of Total Return allows for processing and Microsoft SQL reporting at various levels of detail and frequency. Key features include the integration and automation of Form PF filing, enhanced incentive fee calculations and expansion of the fund of funds pricing history universe.
“We are pleased to deliver our license clients as well as our fund administration customers a significantly enhanced version of Total Return,” says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies. “We are well positioned to address increased investor transparency and operational risk reporting through our proprietary portal technology and mobility-enabled infrastructure. We are committed to investing in Total Return and enabling cloud technologies such as our Form PF solution.”
SS&C has integrated Total Return with its Form PF solution to provide an interactive web-based Form PF interface for clients to process and review data and electronically file with the Securities and Exchange Commission. In addition, Total Return provides a wide range of complex fee structures to calculate and analyse performance net of fees and expenses. Incentive fee calculation enhancements include the automation of high watermarks and hurdle rate calculations.