Fund Aministration
At ONS FinServ (DIFC) Ltd we deliver exceptional services that cater to the diverse needs of our clients. Our deep expertise in fund administration, coupled with our understanding of the dynamic financial landscape, allows us to provide tailored solutions that enhance operational efficiency and compliance.
We prioritize transparency, accuracy, and timeliness in our reporting, ensuring that our clients have the insights they need to make informed decisions. Our commitment to technology-driven solutions streamlines processes and enhances client experiences, allowing fund managers to focus on their core activities.
With a dedicated team of professionals who possess extensive industry knowledge, we are equipped to navigate the complexities of fund administration with precision and care. By fostering strong relationships and maintaining open lines of communication, we ensure that our clients feel supported every step of the way.
Choose us as your fund administration partner, and experience unparalleled service that drives success and growth in your investment endeavors.
We specialize in providing comprehensive fund administration services tailored to meet the needs of asset managers, indexed funds, fixed income funds, hedge funds, private equity firms, and real estate funds.
Accounting and Financial Reporting
- Prepare and maintain the fund's financial statements.
- Ensure compliance with applicable accounting standards (IFRS or GAAP).
- Conduct regular valuations of fund assets and net asset value (NAV) calculations.
Investor Services
- Handle investor subscriptions and redemptions.
- Maintain the shareholder register and manage investor communications.
- Process and record capital calls and distributions.
Regulatory Compliance
- Ensure adherence to DIFC regulations and guidelines set by the Dubai Financial Services Authority (DFSA).
- Prepare and submit necessary reports and filings to regulatory bodies.
- Assist with Anti-Money Laundering (AML) and Know Your Customer (KYC) processes.
Audit Support
- Coordinate with external auditors for fund audits.
- Provide required documentation and information to auditors.
- Facilitate the timely resolution of any audit queries.
Risk Management
- Monitor and assess operational risks associated with fund activities.
- Implement controls to mitigate identified risks.
Cash Management
- Manage fund cash flows and bank accounts.
- Monitor liquidity and ensure sufficient cash for operations and investments.
Performance Reporting
- Generate performance reports for fund managers and investors.
- Analyze investment performance against benchmarks.
Documentation and Record Keeping
- Maintain accurate records of all fund activities and transactions
- Ensure proper documentation for compliance and audit purposes.
Operational Support
- Assist in the onboarding of new funds and clients.
- Implement and maintain efficient operational processes and systems.
These duties help ensure that the fund operates smoothly, remains compliant with regulations, and meets the expectations of its investors.
Our expertise- Fund types
ONS FinServ (DIFC) Ltd. has broad expertise across a wide spectrum of fund types, including:
Fixed Income Funds
Supporting funds invested in bonds, government securities, and debt instruments with regular interest accruals and pricing.
Hedge Funds
Providing accurate, timely valuations, NAV calculations, and investor reporting for funds focused on alternative investment strategies.
Private Equity Funds
Supporting capital calls, distributions, performance tracking, and financial statement preparation specific to private equity structures.
Foreign Portfolio Investment (FPI) Funds
Managing portfolios with diversified assets in foreign equities, bonds, and other securities, ensuring seamless cross-border reporting, currency management, and compliance with international regulations.
Foreign Direct Investment (FDI) Funds
Providing dedicated support for funds with direct ownership in foreign entities, including real estate or operational businesses, focusing on asset management, financial reporting, and compliance with host country regulations.
Fund of Funds
Providing consolidated reporting, NAV calculations, and performance analytics for funds invested in other funds.
Exchange-Traded Funds (ETFs)
Handling the unique operational needs of ETFs, including daily NAV and liquidity management.
Real Estate Funds
Handling asset valuations, property-level reporting, and compliance specific to real estate investments.
Venture Capital Funds
Assisting with portfolio monitoring, capital management, and investor communications for venture-focused funds.
Infrastructure Funds
Managing the unique accounting and reporting needs of infrastructure projects and assets.
Mutual Funds and Unit Trusts
Ensuring daily NAV calculation, compliance, and investor servicing for regulated funds.
Debt Funds
Administering funds that invest in various debt instruments, ensuring proper valuation, compliance, and interest tracking
Hybrid Funds
Supporting multi-asset funds that combine various investment strategies, including private equity, real estate, and fixed income.
Our specialized services adapt to the complex requirements of each fund type, ensuring seamless administration across diverse investment structures.
In- House capabilities
In the quest to keep client data protected, we have all functions in-house.
Mindful of the confidential client data we process, we are your one stop shop for your complete structuring and administration needs.
Arranging deals in Investments
Advisory Services
Investment Advisory: Provide tailored investment advice to clients, helping them make informed decisions.
Market Research: Conduct in-depth research and analysis to support investment strategies.
Deal Structuring
Mergers and Acquisitions (M&A): Facilitate M&A transactions by structuring deals, conducting due diligence, and negotiating terms.
Joint Ventures: Arrange and structure joint ventures between parties seeking collaborative investment opportunities.
50+Years
of Combined Experience
Arranging credit and advising on credit
Credit Advisory Services
Client Assessments: Analyze clients' financial situations to provide tailored credit solutions.
Advising on Restructuring: Provide guidance to clients facing financial difficulties on restructuring their debt.
Loan Arrangement
Facilitating Loans: Arrange loans between borrowers and lenders, including banks and financial institutions.
Debt Structuring: Structure various types of debt instruments, such as term loans, revolving credit, and syndicated loans.
Collaboration with Financial Institutions: Build partnerships with banks and other lenders to facilitate access to credit for clients.
Team
Executive Directors
Our Executive Board of Directors, Srishti Dixit (S.E.O. & M.D.) and Ashwanee Ramsurrun (Director) bring diverse and global work exposure into our deliverables.
They have collectively been regulated as individuals by the FSC, DFSA, CIMA, SEBI, FCA, and SEC.
We are a 50 plus years team with seasoned professionals of senior calibre in the fields of accounting, administration, audit, capital markets, fund administration, asset management and compliance services. Our team comprises accomplished professionals having worked on highly sophisticated structures including securitization vehicles, 20Bn+ combined fund sizes, capital market operators' licence and assisted ultra high net worth individuals and conglomerates. The team experience covers Forbes listed base, assisting in deal structuring, advisory, transaction closing and implementation. Clients include multinationals, sophisticated investors, global asset managers and private equity fund managers. The forte of our team is key emphasis on timeliness, service quality and value-add towards our clients.
50+
Years of Combined Experience
Senior Management
Rajiv Mangar
Chief Finance Officer
Rendhee Veeren
Head of Compliance