To help alternative investment managers better manage their liquidity and cash flow, Northern Trust Hedge Fund Services has enhanced its suite of treasury services with the addition of a proprietary Cash Projection service.
The service provides a flexible and comprehensive forecast of cash flows, allowing clients to monitor all upcoming cash activity and account balances.
“In today’s financial markets, fund professionals need timely and accurate cash balance information,” says Peter Sanchez, head of Northern Trust Hedge Fund Services. “We’re moving beyond beginning-of-day cash balance reports to offer tools that deliver real-time updates so clients can actively manage their liquidity and cash positions throughout the day.”
The service is designed to help firms aggregate and normalise cash balance information across counterparties and provide a holistic view of current and future cash positions calculated through a consistent methodology. The system also features the ability to view cash at multiple levels – from firm-wide down to transactional cash flow details.
