Nirvana, the leading provider of real-time portfolio management, risk and reporting solutions for the buy-side presents Nirvana TOUCHTM . This offering is a comprehensive and affordable solution for emerging managers allowing funds to build their business on top of a comprehensive, fully-outsourced middle and back office solution with real-time P&L and exposure management tools.
Managers using Nirvana TOUCHTM have the advantage of running and maintaining an independent book of records from the inception of their funds ensuring clean transactions, position and tax lot level accounting data. This allows them to grow their fund to a multi-prime business without expensive data conversion or system switching costs. Since all data is centralized in a single platform, managers can clearly demonstrate and present comprehensive risk management controls, performance and alpha strategies and satisfy regulators and investors on disaster recovery plans thereby eliminating many of the barriers hindering future growth.
Managers also have access to a comprehensive suite of T+1 web-based and drill down reporting. Reports are built on top of daily reconciled tax-lot level data obtained from Prime Brokers, Custodians and Administrators to ensure data consistency across different entities, currencies, funds and asset classes. Reports are delivered via flexible web-based front end or can be e-mailed to clients on a daily basis.