Solutions
Pension fund
Money invested on behalf of employees and retirees.
No credit card. Nothing is charged until your first 30 days are over.
What this kind of fund is
A pool invested for members rather than for the manager, where the reporting obligations are set by law and by the members' expectations rather than by preference.
What the administration actually involves
A pension fund's administration splits cleanly in two. On one side there are the liabilities: entitlements, coverage ratios, actuarial assumptions and the regulatory returns that go with them. On the other there is the investment pool: what the assets are worth this month, what it cost to run, and what each member group's share of it is. FundFlow does the second and none of the first.
That boundary is the point rather than a shortcoming. The asset-side administration is where the monthly grind lives, and it is the part still commonly done in a spreadsheet next to an actuarial system that cost a hundred times as much. Here member groups hold units in a series and are valued at the month's koers, every business table carries an audit trigger, locked periods are immutable at the database level, and each statement send is recorded per recipient.
What makes it hard
Two records that have to agree
The asset administration and the actuarial system are separate, and reconciling them depends on the asset side producing the same figure twice. A spreadsheet recalculated in a different order does not always oblige.
Scrutiny arriving years later
A valuation from four years ago can be questioned, and the answer has to be the number that was reported then, with the inputs behind it, not a recomputation with today's data.
Sign-off with nobody to sign
Where the board or an external reviewer is supposed to confirm the monthly valuation, a file offers no way to make that a real step rather than an email.
How FundFlow fits
Member positions on the same footing as any participant
Each member or member group holds units in a series, valued at the month's koers, with a full history of what changed and when.
An audit trail that exists by default
An audit trigger sits on every business table, locked periods are immutable at the database level, and every statement send is recorded per recipient.
Two-person sign-off on the monthly NAV
For a fund with a board or an external reviewer, NAV confirmation splits preparing the month from confirming it.
Where FundFlow stops
FundFlow handles the investment administration: unit positions, NAV, fees and member reporting. It does not model pension liabilities, does not calculate entitlements or coverage ratios, and produces no regulatory returns. Those stay with your actuary and your existing pension administration.
Questions managers ask
Does FundFlow calculate entitlements or coverage ratios?
No, and it does not try to. It has no model of pension liabilities, no actuarial engine and no regulatory returns. It administers the investment pool: unit positions, NAV, fees and member reporting. Everything on the liability side stays with your actuary and your existing pension administration.
How do member groups work if we have thousands of members?
Each participant in FundFlow is a unit holder, which suits member groups, employer sections or a nominee structure rather than thousands of individuals administered one by one. If your member-level administration lives elsewhere, this holds the pooled positions those records roll up into.
Read how these parts work
The parts of FundFlow this kind of fund leans on most.
Other kinds of fund
Sovereign wealth fund
A government-owned investment fund, usually funded by national revenues or reserves.
How FundFlow fitsEndowment fund
Capital held by an institution such as a university, museum or foundation.
How FundFlow fitsFoundation or charitable fund
Money belonging to a charitable foundation, often invested to support a long-term mission.
How FundFlow fits
Test it on the asset side only
Take the investment pool, anchor it at a month you have already reported, and close the next one. The liability side is untouched, so the comparison is clean.
In your first session
- Create the fund for the investment pool and add each member group or section as a participant.
- Turn on NAV confirmation so the monthly valuation is prepared by one person and confirmed by another.
- Close a month, lock it, and check that the figure you get matches what you reported for that period.
No credit card. Nothing is charged until your first 30 days are over.