{"id":10814,"date":"2009-06-15T00:00:00","date_gmt":"2009-06-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"confluence-whitepaper-outlines-hedge-fund-reporting-and-control-challenges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/confluence-whitepaper-outlines-hedge-fund-reporting-and-control-challenges.html","title":{"rendered":"Confluence Whitepaper Outlines Hedge Fund Reporting and Control Challenges"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Financial administration automation specialist, <a href=\"\/admin\/www.confluence.com\/hedgefundradicalchange\" target=\"_blank\" title=\"Confluence,\">Confluence,<\/a> released a new whitepaper for hedge fund administration executives, entitled &quot;Hedge Fund Reporting: The Change Imperative&quot;. <\/p>\n<p>&quot;Mandates from investors, regulators, and auditors are driving significant change in hedge fund back offices,&quot; said Kirk Botula, Executive Vice President and Chief Operating Officer of Confluence. &quot;Each group is demanding new levels of due diligence, transparency, and disclosure that are driving never-before-seen hedge fund reporting requirements. Technology and automation can improve processes and offer the speed, control and flexibility needed in this new reporting environment.&quot;<\/p>\n<p>A recent Rothstein Kass survey showed that 98% of hedge fund managers expect increased regulation of the hedge fund industry by the new administration&mdash;adding to burdens already imposed by FAS 157, FAS 161, and International Financial Reporting Standards. <\/p>\n<p>The whitepaper also provides practical advice to help ensure that reporting processes are sufficient to meet these heightened demands. It offers best-practice recommendations and includes a &quot;Sample Checklist&quot; to help administrators evaluate their operations, whether they rely on outside service providers or their own internal back offices.<\/p>\n<div>\n<p><span class=\"Apple-style-span\"><span class=\"st_tag internal_tag\">Alex<\/span> Akesson<\/span><\/p>\n<p>  <span class=\"Apple-style-span\"> <\/p>\n<div class=\"feedflare\">\n<p>Edtior for <span class=\"st_tag internal_tag\">HedgeCo<\/span>.Net<br \/>Email: <u><span class=\"st_tag internal_tag\">alex<\/span>@<span class=\"st_tag internal_tag\">hedgeco<\/span>.net<\/u><\/p>\n<p><span class=\"st_tag internal_tag\">HedgeCo<\/span>.Net is a premier <span class=\"st_tag internal_tag\">hedge fund<\/span> database and community for qualified and accredited investors only. Membership on www.<span class=\"st_tag internal_tag\">hedgeco<\/span>.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Financial administration automation specialist, Confluence, released a new whitepaper for hedge fund administration executives, entitled &quot;Hedge Fund Reporting: The Change Imperative&quot;. &quot;Mandates from investors, regulators, and auditors are driving significant change in hedge fund back [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1004,13028,1443,4762,5184,3929,13030,13026,5336,11708,2222,4393,13027,6022,588,13029,12223,12227,11098,13031],"class_list":["post-10814","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-accredited-investors","tag-automation-specialist","tag-chief-operating-officer","tag-confluence","tag-due-diligence","tag-fas-157","tag-financial-administration","tag-financial-reporting-standards","tag-fund-administration","tag-hedge-funds","tag-hedge-fund-managers","tag-hedgeco","tag-international-financial-reporting-standards","tag-new-administration","tag-palm-beach","tag-practice-recommendations","tag-rothstein-kass","tag-speed-control","tag-west-palm-beach","tag-whitepaper"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10814"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10814\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}