Instructor: Jeremiah Associates LLC
Hours: 9:00 am - 4:30 pm; Registration/Breakfast begins at 8:30 am

This informative one-day seminar explores the functions performed by the Hedge Fund Operation. We start with a review of participants and their roles, and then follow the lifecycle of a trade from the point of an order through settlement. Next we explore the activities associated with asset servicing functions. We end the day with a review of the internal controls and regulations that oversight this critical investment sector. Seminar participants will gain insight into the impact of best practices in operations, emerging trends in technology and the importance of adequate controls and operational metrics in Hedge Funds operations.

Participants

        ·         Types of Hedge Funds

        ·         Sell-side firms

        ·         Administrators

        ·         Prime Brokers

        ·         Custodians 

Portfolio Management

        ·         Positions & Balances

        ·         Indications of Interest

        ·         Pricing / Valuation

        ·         Order Management 

Order – Execution – Trade

        ·         Marketplaces

        ·         Notice of Executions

        ·         Order versus Executions balancing

        ·         Average price trades

        ·         “Done Away” trades

        ·         Trade Allocation 

Trade Matching, Allocation, Affirmation

        ·         Confirmation / Affirmation

        ·         Resolving exceptions 

Settlement Reporting

        ·        Exchange of Value

        ·         Flow of Information

        ·         Typical Problems 

Asset Servicing

        ·         Income Collection

        ·         Corporate Actions

        ·         Valuation

        ·         Reconciliation

        ·        Tax Lot Accounting

        ·         Reporting to Partners & Investors 

Oversight

        ·         SEC registration

        ·         Exemption

        ·         Offshore regulations

        ·         Compliance Manual 

Emerging Trends

        ·          IOSCO Recommendations

        ·         Best Practices

        ·         Technology

        ·         Critical Metrics