Private equity
Capital calls, distributions, and NAV.
Fund Accounting Software
Fund Accounting Software for Funds & Asset Managers
Automate the fund back office: NAV calculation and validation, portfolio accounting, capital calls and distributions, investor reporting, and GL integration, with audit trails and multi-fund, multi-entity support.
NAV CalculationInvestor ReportingCapital CallsMulti-Fund
Trusted by global innovators
What is fund accounting software?
Fund accounting software is the system that values a fund's holdings, calculates net asset value, books capital calls, distributions and fees, and produces investor statements from one auditable ledger. Agnotic Technologies builds fund accounting software for fund administrators, asset managers and private fund sponsors, connected to custodians, pricing feeds and the general ledger.
NAVs must be right, investor capital tracked to the dollar and every transaction auditable. The software automates NAV validation, portfolio accounting, capital calls, distributions, reconciliation and financial statements across multiple funds and entities.
What it is
Which fund operations does it automate?
A fund accounting platform automates NAV calculation, portfolio accounting, capital activity, and investor reporting across funds and entities, with GL integration and audit trails.
Connected to custodians, ERP, banking, and portfolio systems, it gives fund administrators accurate, auditable, automated accounting.
What we build into your fund accounting platform
Each capability removes manual risk from fund administration and investor reporting.
NAV Calculation & Validation
Automated NAV calculation with validation controls.
Portfolio Accounting
Portfolio accounting workflows across positions.
Capital Calls & Distributions
Manage capital calls, distributions, and investor capital.
Investor Reporting
Investor capital tracking and reporting dashboards.
General Ledger Integration
General ledger integration and financial statements.
Multi-Fund & Multi-Entity
Accounting across multiple funds and entities.
Transaction Processing
Automated transaction processing and reconciliation.
Regulatory & Audit
Regulatory reporting and audit-trail management.
Anomaly Detection & Integration
AI anomaly detection with custodian, ERP, and banking integration.
Where it runs
Who uses fund accounting software?
Fund administrators, asset managers, and finance teams running fund operations.
Hedge funds
Portfolio accounting and NAV validation.
Asset managers
Multi-fund accounting and reporting.
Fund administrators
Automated fund back office.
Investor relations
Investor reporting dashboards.
Finance & audit
GL integration and audit trails.
Why it matters
Accurate NAVs, auditable books
- Automate NAV calculation and validation
- Track investor capital to the dollar
- Manage capital calls and distributions
- Report to investors from live data
- Integrate the general ledger and statements
- Keep every transaction auditable
A wrong NAV breaks trust
In fund accounting, errors erode investor confidence and invite scrutiny. Automation with validation makes accuracy and auditability the default.
Validated
NAV calculation with controls
Tracked
Investor capital precisely
Auditable
Every transaction recorded
Compliance & connectivity
Which records and systems does it cover?
NAVInvestor ReportingGLMulti-EntityAudit TrailsCustodian / ERP
Facts and sources
Which SEC rules shape NAV and fund reporting?
Short facts from the SEC fund and adviser rules that we design fund accounting software around, each linked to its primary source.
A registered investment company must compute the current net asset value of its redeemable securities no less than once daily, Monday through Friday, at the time or times its board sets, with limited exceptions.
Source: 17 CFR 270.22c-1(b)(1) (eCFR)In a registered fund's net asset value, portfolio securities with readily available market quotations are valued at current market value, and other securities and assets at fair value as determined in good faith by the board.
Source: 17 CFR 270.2a-4(a)(1) (eCFR)Changes in a registered fund's portfolio holdings must be reflected in net asset value no later than the first calculation on the first business day after the trade date.
Source: 17 CFR 270.2a-4(a)(2) (eCFR)Under the SEC custody rule, an adviser to a pooled investment vehicle is relieved of the client notice, account statement and independent verification requirements when the vehicle is audited at least annually by a PCAOB-registered independent public accountant and sends its audited financial statements, prepared under generally accepted accounting principles, to all investors within 120 days of its fiscal year end.
Source: 17 CFR 275.206(4)-2(b)(4) (eCFR)
Frequently Asked Questions
Yes. It handles the accounting models of private equity (capital calls, distributions, waterfalls) and hedge funds (portfolio accounting, NAV), across multiple funds and entities. We scope your structures during discovery.
It automates NAV calculation with validation controls and reconciliation, so NAVs are produced faster and with fewer errors than manual spreadsheets, and every figure is traceable.
Yes. We integrate custodians, ERP/GL, banking, and portfolio-management systems so positions, transactions, and accounting connect end to end. We deploy it in the AWS, Google Cloud or Microsoft Azure account you choose and scope integrations during discovery.
Yes. Investor capital tracking and reporting dashboards generate statements and reports from live accounting data, streamlining investor relations and audit.
It supports US GAAP and IFRS reporting, multi-currency accounting, and multiple share classes and series - including series accounting for hedge funds - across master-feeder, SPV, and multi-entity structures. Partnership and capital-account accounting are handled per investor, so allocations and statements reflect each LP's actual position rather than a pooled approximation.
Yes. It computes management fees with offsets and step-downs, and performance or incentive fees with hurdle rates and high-water marks, including crystallization schedules and equalization across share classes and series. Because the fee logic runs on the same ledger as NAV, the fees flowing into each investor's capital account are traceable and audit-ready.
It depends on how many funds, entities and share classes you run, how complex the fee and waterfall logic is, which custodian, pricing and general ledger systems the platform must connect to and how much transaction history has to be migrated. The same factors drive the cost. We set the plan after a scoping call.
Yes. Our accounting software development starts with a first release around one workflow, such as capital calls and investor statements for a single fund, and we agree that scope before build starts. NAV automation, fee engines and more funds follow once the first release is in use.
AI tools help our engineers draft code and tests, but a person reviews every change, and it passes the same automated tests and security checks as any other code. Which tools may see your code or data is agreed with you at the start.
Ready to automate fund accounting?
Tell us about your fund structures, policies, and systems. We'll return a plan for a fund accounting platform with NAV, investor reporting, and GL integration.
contact@agnotic.com
Partnerships
contact@agnotic.com