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.