Fund Administrators

We help Fund Administrators to deliver exceptional, client-centric service with the support of cutting-edge, scalable technology.

The challenge

The world of fund administration is changing, as portfolios become increasingly complex and alternative asset classes continue to grow in importance to investors, your challenge is to deliver remarkable client service that scales.

Fund administrators currently process millions of documents a year and critical client data is almost always trapped in PDFs with inconsistencies in quality, format and terminology. The failure to modernize data operations leads to huge manual efforts and too often results in:

"One of our quickly growing business lines is providing data management for our clients and currently we do a lot of manual work through a dual person entry system. We need technology to reduce the manual burden on our people and increase our work quality."

"A year ago, we were just becoming educated on this technology, now it has become table stakes. Today our clients expect us to be adopting automation and using tools like Freyda for our data collection and operations."

"Our team do the data collection and entry ourselves, it's frustrating as we would rather be focusing our time on making the best investment decisions we can. Although we hire graduates to take on some of the burden, we have to spend time training them and human error is always a big risk... Not to mention the adverse impact on work satisfaction from doing a lot of dull, repetitive work."

"Our alternatives portfolio is invested across thousands of funds and so we require a 100-person data team to process our data manually. It is time-consuming and a huge cost burden, also there is generally a lot of data that isn’t being extracted."

"Manual data entry is a big pain point for us, we spend over 10,000 people hours every quarter across our alternative investment portfolio alone”

Intelligent Data Capture can help you to unlock real business benefits.

How we can help

Freyda streamlines your operations by automatically reading, extracting and normalizing data from your unstructured PDF documents.

Our award-winning technology leverages the latest advancements in artificial intelligence and machine learning to understand client documents and their data, agnostic of layout.

Our algorithms have been trained by domain experts using over half a million data points across private market documents so you can achieve high performance results from day one.

Freyda helps you to free up your analysts’ time by:

Automatically capturing up to 200x more data points from your documents

Minimizing manual intervention and delivering consistent outputs with in-built normalization

Capturing and tracking capital events, proceeds and valuations across multiple document types

Drilling through your client fund holdings and investment structures with advanced entity relationships

Start automating data processing from these documents today

Cash Flow Notices

Capital Account Statements

Quarterly Financial Statements

Custodian Reports