daappa Core

With all your investors’ investment data held within daappa, you can build profiles and investment communications to meet your regulatory and investor obligations.

When a potential investor chooses to invest in your funds, daappa enables you to monitor relationships and communicate with investors seamlessly.

CRM functionality enables all contacts associated with a particular investor to be identified and included in relevant communications.

Mail merge functionality flows directly from the transaction input screens so that notifications can be sent to investors accurately and efficiently.

Bank instructions can be formatted (e.g., SWIFT) ready to be passed to your banking software.

Investor reports are available as standard or can be designed to suit your specific needs. The intuitive reporting tools enable you to control and adjust them without the need to involve us.

When subscribed to daappa Studio+, you can produce and share high quality professional notices related to portfolio settlements and onboarding documents to meet your investor KYC and AML responsibilities. 

daappa allows for postings to be entered once then automatically generate aggregation and allocation routines to the appropriate funds in the hierarchy.

Drawdown and distribution transactions can be allocated across your investors using flexible allocation rules. This includes using investors’ commitments, undrawn amounts and the priority of any series that have been set up. Rounding rules can be observed.

Definable transaction codes can be used to clarify the purpose of each amount drawn and repaid. This includes recallable distributions that can be identified and tracked separately.

Partnership fund investments are tracked at investor level to enable a partner’s exposure to each investment to be tracked. Monitor the underlying (shadow) investments of the funds. Investments held directly, or indirectly via funds, can be aggregated and valuations compared.

Corporate funds can be managed as open ended or closed. There is an algorithmic model for calculating the NAV of the fund. This uses the fund level transactions to track the P&L movements, expense and income, realised and unrealised gains/losses.

Once approved the NAV is posted automatically, is available for reporting, and can be used as the basis for subsequent investor transactions

Transfers of an investor’s interest to one or more new investors in a fund can be posted using various rule sets to ensure that historical transactions are presented as required.

daappa enables all capital accounting transactions to be recorded including capital calls and distributions and transfers of interest.

Capital accounting statements can be displayed in an enquiry or printed in a formal report. This information includes all drawdown amounts, fees, charges and distributions.

A management fee algorithm is provided that can be modified fund by fund as required or additional fund management fee algorithms can be created.

Fund invoicing allows the recording of both expense and income invoices at the fund level and the subsequent control of payment. Reverse charge VAT and realised FX on differences between invoice settlement and bank clearing date are included.

Capital and portfolio transaction postings will automatically create GL journal entries that can populate daappa’s inbuilt general ledger or your existing external ledger system.

• Flexible coding structure can be set up to reflect GL classifications.
• Allows for a nominal breakdown for investment / partner analysis.
• Postings can be made to the GL as real-time entries or as a monthly summary
• Excel add-in for uploading and downloading journals and financial data such as account information, actuals, budgets etc., standard financial statements.

Define the chart of accounts and the rules that determine how each transaction will be allocated.

Each fund will be posted in the designated currency of the fund alongside any currency accounts that are held by the fund.

• Allows multi-currency transactions and revaluation routines.
• Fully featured ledger with budgets, profiles and cost centres.
• Flexible chart of accounts and a segmented account code structure.
• F/X revaluation for realised and unrealised exchange differences.
• Cost allocations and multiple journal types, repeating journals, accruals and prepayment journals, multi company.

GAAP and IFRS accounting standards are accommodated using an aggregation facility which enables accounts to be combined and reallocated.

daappa provides standard reports for financial reporting (including IFRS9), market reporting (such as BCL, INREV, FATCA and CRS) and performance reporting such as IRRs with many parameters to customise to your needs.

You can adapt these reports and create your own to reflect your specific requirements and include extra data that you may have chosen to collect.

daappa contains a powerful data enquiry and reporting function called Analyser that puts you in control of creating sophisticated data extracts and reports.

You can query the database, sort and filter on many combinations and permutations of data using drag and drop and report builder.

Define your own calculations so that virtually any measurement ratio or factor can be supported.

Reports can be exported in a range of formats including CSV, XLSX, PDF, RTF, TXT, HTML.

Scheduling of regular reports is controlled using the inbuilt task runner.