One business event, reflected across parallel funds
Split Transactions, alongside our Allocation Paths technology, enables firms to automate the equalised processing of a single business event across all entities in multiple (related) parallel funds in a matter of seconds, regardless of the size or complexity of fund structures or entities.
The need for Split Transactions
Legacy systems have long-struggled to handle the ever-increasing complexity of funds that also have associated parallel structures, with many resorting to the creation of “pseudo” business events to account for transactions that need to be equalised across some or all of the parallel funds in a related group. These pseudo-events are problematic for numerous reasons with the biggest being the time and thought that’s needed to ensure accuracy and avoid double-counting when reporting.
Manage split transaction as real business events
LemonEdge Split Transactions, completely removes the need for such pseudo-events, and instead, a single real business event that needs to be equalised across multiple parallel funds in a group, is automatically processed for all members of the group, using your pre-configured rules and preferences. It’s a simple solution to a complex problem, that saves accounting teams countless hours, removes the risk of double counting and makes reporting far easier and faster, both across the funds in a group as well as within each fund.
Split any type of transaction
If you’re a fund accountant, you’ll be more than familiar with the types of events that need to be split between funds, and with LemonEdge, you can split any of them. Whether it’s investments, expenses or management fees, you can create rules for them to be dynamically distributed to the correct funds in the correct proportions.
Benefits of Split Transactions
Save time
Reduce errors
Automate reporting
No double counting
Reduce complexity
See the future of fund accounting
Just some of what we’re excited to show you:
Tell us about you and your firm, and we’ll come straight back to you to schedule a personalised demo.
A proven alternative to legacy systems
"LemonEdge has proven market-leading capabilities that will enable the continuing evolution of our operations to become agile, efficient and able to add further value to our investors.”
Guillaume de Malliard, COO and Partner at Astorg Group
ROYC and LemonEdge sign strategic partnership
