FMO is suitable for Single Family Offices, Multi-Family Offices and Ultra High Net Worth individuals. As is typical in Family Office environments, you may have any number of companies, partnerships, trusts, funds and other legal entities. Family members may have the choice to participate in these various vehicles based upon their individual goals and risk tolerance. FMO can manage the most complex ownership structures including a single investor participating in multiple legal entities. FMO can then generate a full set of both family-wide and family member financials. These financials span all investments in all legal entities, providing the family member with a complete picture of their full Net Worth and Exposure reports.
Case Study: Large Family Office/Investment Firm with Multiple Funds & Portfolios Investing Globally
Front Office Features
FMO provides fund managers with the following capabilities:
- Ability to set-up complex fund structures that reflect the investment decisions in the front office, whilst also catering for the operational functions in the middle and back office.
- Order Management
- Portfolio Exposure Modelling
- Record long or short exposures on a broad range of global asset classes
- Ability to choose P&L calculation method (i.e. Average Cost / FIFO / Realised Profit Minimisation etc) on closing trades at a portfolio level
- Conduct attribution analysis to measure portfolio performance by Industry / Currency / Asset Class, etc
- Access to a suite of live and historical multi-currency reports that include:
- NAV
- Profit & Loss (Unrealised / Realised)
- FX Exposures
- Open Positions
- Trade History
Middle / Back Office Features
FMO provides the back office with the following capabilities.
- Confirming Trades
- Ability to choose P&L calculation method (i.e. Average Cost / FIFO / Realised Profit Minimisation etc) on closing trades at a fund level
- Electronic Trade Files to Prime Brokers / Administrators
- Corporate Actions (dividends / interest / bonus issues / rights issues / takeovers... etc)
- Journal Processing
- Bank / Custody Reconciliations
- Contact Management
- Automated Emails
- Revaluations
- Repos
- Access to a suite of live and historical multi-currency reports that include:
- Account Balances
- Transaction History Reports
- Trial Balance
- Income/Expense Reports
- Stock Holding (Custody) Report
- FMO-iQ...an online report builder that enables clients to create custom reports for internal distribution that can be viewed in HTML / EXCEL / CSV