Simplify Asset Management With Private Equity Accounting Software

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.

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.

Automate the collection of regular updates from your investment companies and validate the receipt, accuracy and completeness of data before approving for use within your own data sets.

Collect quantitative and qualitative data such as accounting metrics, statistics, KPI, ESG or SFDR metrics at any point in the investment lifecycle. The data is stored in way that enables data to be compared across investments and track movements over time.

You can define and update the data points, frequency of collection, applicable time periods and subsections of the investment that the data relates to. This might be to adjust to the emerging ESG standardisation of metrics or to add impact-weighted statistics.

Produce analysis, such as KPI’s, historical budget, industry yardsticks comparisons, and long term forecasts. Produce investment performance and valuation reports or performance forecasts for both LP’s & GP’s.

Collected data is easily available to use in valuations, market reports, compliance assessments as well as on demand reporting and analytics in sophisticated, adaptable ways to meet new demands.

daappa has all the functionality that you need to set up and maintain your Investment Book of Records (IBOR) investment in all types of private assets alongside any quoted investments that the portfolios may hold.

Complex fund structures can be set up and reported on through layers of funds, SPVs and investments to identify the exposure of investors to underlying investments.

Transactions can be recorded using coding that reflects the nature of your business and enables reporting to be refined in line with particular accounting standards and regulatory reporting.

FX rates and price feeds can be loaded to enable automatic revaluations including quoted investments.

daappa’s configurable workflow means that whether you have tried and tested procedures for identifying, tracking and performing due diligence on potential investments or you rely on more ad hoc (maybe Excel based) processes, daappa can be set up to reflect how you chose to work.

Track and control the status of each pipeline investigation, identify contacts and advisers involved in current and historic deals, build up accounting and KPI details of the target investment and link to due diligence documentation needed for the investment to progress. Should you proceed with the investment, this information remains available throughout the life of the investment itself.

Manage the key processes of deal investment and divestment in daappa.

Deal tracking, both investments and exits, supports a managed process that tracks progress and provides for historical analysis.

Reciprocity provides analysis on the source of deals and the financial relationships between general partners, advisors and deal providers.

• Provides a framework for a disciplined evaluation process and data on the efficiency of deal evaluation.
• Clearly shows all deals evaluated (or all deals in the marketplace) that introducers, advisers, economic owners, etc. have been involved in.
• Allows geographically diverse investment teams to share and consolidate information.
• Provides a single point for recording all deal related activities and filing deal documents.
• Contains a permanent store of all deal documents accessible to all relevant parties.