Nerrensync is Simplify's proprietary 100% web-based solution for organizations, that have grown frustrated with storing information in multiple applications and spreadsheets, or who want to streamline complex and labor intensive portfolio accounting, risk management and investor reporting systems.
A powerful database, accounting and analytics solution that can aggregate investment and price data from a variety of sources on all the types of collective investment schemes and strategies: hedge funds, mutual funds, CTAs, funds of funds, venture capital, private equity and separate account managers.
The Nerrensync Platform allows you to: Store Qualitative and Quantitative Data Track and Manage every investment and cashflow Analyze Indvividual Investments or Entire Portfolios Manage Risk & Liquidity Control the Due Diligence process Centrally organize documents Report to Investors, Trustees, Clients, and Prospects.
Track all investment transactions, including subscriptions, redemptions, and transfers
Full support for US Limited Partnerships and Offshore Class/Series funds as well as Closed-End, Target Date and Mutual Funds
Cash Management capabilities let you enter inflows and outflows, account for operational costs, sales costs, trade currencies, K-1, equalization and share and basis adjustments
Understand your upcoming trading possibilities instantly with instant Liquidity Analysis. lets you know how far in advance you must make redemption requests, as well as how much cash you can redeem, execute mass or partial liquidations and produce manageable pro-forma cashflow schedules
Consolidate and organize all your qualitative data: Limited partnership, share class and series details, investment terms, manager information, service provided, introducer data and fund documents are at your fingertipsPerform detailed analysis on asset class, strategy, fund and manager level exposures
Perform detailed analysis on asset class, strategy, fund and manager level exposures
Construct and manage model portfolios, tracking independently your real and theoretical books
Custom define investment roles and managed specific fee and liquidity provisions for funds, side letters, side pockets and other tranche types
Perform and Produce concise correlation and deviation analysis and reports
Utilize Benchmark Analysis tools to compare funds against each other using quantitative measures, including the "greeks" (alpha, beta, etc.), risk ratios (Sharpe, Sortino, etc.), and more
Managed underlying service provider and counterparty exposures
Easy initialization and ongoing maintenance using Data import tools for easily leveraging legacy data and external data sources (e.g. Hedge Fund and Fund of Fund Databases, Excel and third-party accounting systems)
Intuitive report building tool to create ad-hoc reports and access relevant data sorted, grouped, and filtered by any criteria users choose
Secure online reporting, accessible from anywhere in the world
Advanced search engine finds keywords in contact history, meeting notes, and document contents, and can find contacts by keyword, location, or relationship
Streamline monthly NAV update and fund closing process onto a single system
Store all information, correspondence, and documents in a central repository – accessible via the web – and link them to funds, managers, contacts, and others
Track manager and fund contacts, roles, and communication preferences to ensure the right person receives the right correspondence via their preferred channel
Custom define, benchmarks, groups and correlations to produce vivid reports on the fly and easily distribute them.Easily export data to MS Excel™, Adobe PDF ™, and other file format such as CSV, TXT or XML
Allows fund of funds managers and investors to track both their liquidity and investment liquidity at the individual transaction, or class or series or tranche level
Keep manager meeting diaries and notes online and due diligence activities from falling through the cracks with firm wide calendars, reminders, tasks, and follow-up flags all custom defined by the user
Import performance data from Excel and third-party databases (Hedgefund.net, HFR & Eurekahedge) View end-of-period account balances for funds and investments, and how contributed capital has appreciated over time; visually compare account performance with one or more indices or from to investment to investment, portfolio to portfolio
Analytic reports include:
Full Multi-currency Profit and Loss with realized and unrealize FX PnL
Transaction Blotters
Strategy Exposure – Snapshot (current)
Strategy Exposure – History (by month)
Bet Size Exposure – Snapshot (current)
Bet Size Exposure – History (by month)
House (Manager) Exposure – Snapshot (current)
Outsourcer Exposure – Snapshot (current) - By Prime Broker, Administrator, Custodian, Auditor, Lawyer & Leverage Provider
Rolling Annual Return vs. Benchmark – History ( by month)
Rolling Annual Std. Deviation vs. Benchmark – History ( by month)
Rolling Annual Modified VaR (95% confidence) vs. Benchmark – History ( by month)
Rolling Annual Sharpe Ratio vs. Benchmark – History ( by month)
Due Diligence reports include:
Fund Quantitative Analysis
Fund Qualitative Characterstics
Fund Contact Details
Due Diligence
Manager Meeting Report
Charting Analysis
By Fund
By Fund Group
By Select Portfolio
By Scenario
Versus Benchmark
Available Chart Types:
Nominal Return
Return Histogram
Index Returns
Scatter Plotter with Trend
Rolling 12 month Correlation
Rolling 12 month Beta
Rolling 12 month Alpha
Rolling 12 month Omega (T=0)
Rolling 12 month Standard Deviation
Rolling 12 month VaR at 95% Confidence
Drawdown Analysis
Simplify’s Nerrensync solution allows users to track liquidity at the individual transaction, class, series or tranche level, and report on aggregate liquidity at the portfolio, fund or house level.
Store all Liquidity terms including lockup, notification period, redemption fee, hold back, and redemption period (e.g. annual, quarterly, etc.). In addition, an interactive liquidity calendar can be used to apply different liquidity terms to different periods, allowing users to track gates, holdbacks, and other complex terms.
Analysis Features Available include:
Assets by Notice Date report can show investor liquidity, in aggregate, for each of your products or funds.
Liquidity Scenarios This report offers an overview of account liquidity. It is useful for understanding when investor accounts will become liquid. For fund of funds managers, this report can also be used to understand when portfolio investments will become liquid or how illiquid it may be.
Liquidity Scenarios report enables you to compare the liquidity of your portfolio provide versus underlying investments. Holding Liquidity report offers a long-term view of your portfolio liquidity, and features a useful graphical representation of the data and pro-forma cashflow schedule.
Liquidity Opportunities report is useful for understanding when you can liquidate each of your investments, and, if necessary, how you could unwind the entire portfolio. It shows earliest possible redemption for each holding or individual transaction, and can be configured to show different liquidity considerations, including redemption fees, gates and side pockets.
