Gresham reposted this
Recently, the Gresham team has been hearing the same challenge come up again and again: how to reconcile trade and investor accounting data against the fund administrator's records efficiently, accurately, and without it becoming a manual burden. It sounds like a back-office problem. But get it wrong and the effects show up everywhere: in your NAV, your P&L, your investor reporting, your audit trail. Reconciliation in shadow accounting isn't just an operational checkbox. It's what gives you confidence that the fund's books reflect reality. It's what surfaces discrepancies before they become problems. And it's the foundation for every informed decision about the fund's future: strategy, counterparties, and domiciling. Julian Trostinsky, Global Head of Solutions Engineering at Gresham, breaks down the five reasons reconciliation is so foundational to shadow accounting done well. Well worth a read if your team is still carrying more of this manually than it should be. Link in the comments. #ShadowAccounting #InvestmentManagement #FundAccounting #Reconciliation