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A Smarter Way to Reconcile Financial Data
Managing reconciliation across multiple systems, formats and counterparties has grown more complex. What used...
Month End Reconciliation Solution Trusted by Leading Fund Admins
Month End Reconciliation Solution Trusted by Leading Fund Admins
Reclaim Control Over Your Month End NAV Process
Reclaim Control Over Your Month End NAV Process
Month end is the most critical time for Fund Administrators. Yet, many still rely on Excel and legacy systems to close books, validate NAVs, and meet tight SLAs. NeoXam Aro offers a smarter way: purpose-built month end reconciliation solution designed to automate controls, preserve audit history, and deliver confidence—even in the most complex fund structures.
Why Fund Administrators Struggle with Month-End Reconciliation
For Fund Admins—especially those managing alternative investments—the month end process is intense. It involves reconciling thousands of files, managing backdated corrections, and coordinating with fund accountants to meet regulatory deadlines.
Key challenges include:
- Handling Dual Processes: Managing both backdated corrections (Month-End Recons) and concurrent Daily Recons.
- Data Complexity: Ensuring accuracy on ‘as-of’ dates when managing multiple concurrent Month End NAVs
- Manual Workarounds: Reliance on Excel for final reconciliation exposes firms to errors and audit gaps.
- Control & Compliance Risks: Difficulty in maintaining audit trails, consistent snapshots, and versioning leads to operational and regulatory risks.
Fund administrators — live and breathe month-end NAV production. Meeting SLAs with fund accountants and clients while ensuring accuracy is paramount. Yet, legacy systems and manual processes often fall short in supporting these complex, high-stakes workflows.
Month End Reconciliation Features in NeoXam Aro
NeoXam Aro includes specialized features designed for the unique demands of fund administrators during month end:
- Parallel Recon Processing
Handle daily and month end reconciliations simultaneously without overlap. - Snapshot at Month End
Capture a full snapshot of recon status and comment history at the cut-off date. - File Segregation
Ensure month end files are isolated from daily processes for clean audit trails. - Automated File Sourcing
Pull the correct ‘as of’ files directly from accounting systems with zero manual effort. - Efficient Re-run Logic
Re-run recons using only the updated report from one party, preserving all prior results. - Flexible NAV Frequency Handling
Support any NAV cadence—including ad hoc NAVs or handling the current and prior NAV simultaneously. - Audit-Ready Platform
Replace Excel with a scalable, fully auditable reconciliation solution.
Why Leading Fund Admins Choose NeoXam Aro
Real-World Impact for Fund Admin Teams
Top-tier fund administrators have already integrated Aro into their operations, replacing outdated systems and manual processes with a more robust and flexible solution. They’re using our automated reconciliation software, NeoXam Aro, to handle reconciliations across multiple types:
- Positions/Securities
- OTC Derivatives
- Cash Summaries
- Loans
- Total Equity
- Private Equity
A Scalable, Auditable Platform for Modern Fund Operations
Legacy systems were not designed for today’s operational scale or regulatory scrutiny. NeoXam Aro replaces spreadsheets and in-house tools with a modern, enterprise-grade solution—trusted by the world’s largest Fund Administrators to:
- Reduce reconciliation errors
- Improve SLA turnaround
- Maintain full audit trails & signoffs
- Support multiple parallel NAV cycles
- Eliminate spreadsheet risk
- Work at scale across their global teams
Aro is a scalable enterprise-grade system – a top tier client has 20k+ recons set up
NeoXam Aro gives fund administrators clarity and control over both daily and month-end processes. The diagram below shows how these workflows remain separate but efficiently managed within Aro
How NeoXam Aro Sets Itself Apart from Other Solutions
Designed for the Complexity of Fund Admin Work — Not a Generic Tool
Unlike tools built for banks or aimed at generic reconciliations, NeoXam Aro understands the nuances of fund accounting.
Ready to Rethink Month End? Let’s Talk
Whether you’re dealing with complex fund structures, overlapping NAV cycles, or fragmented processes, NeoXam Aro is the month end reconciliation software built for you.
Contact us today to discover how NeoXam Aro can help your operations team breathe easier—and close month end faster.
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