EDD and GIT's Safari system provides a fully integrated suite of front and middle office tools designed to help investment managers excel in the demanding Exchange Traded Fund (ETF) environment. We currently provide support for dozens of thematic equity, leveraged equity long/short ETFs and commodity ETCs. These funds operate on a "swap-based" or "synthetic replication" ETF model using multiple and interchangeable counterparties and authorized participants. Our systematic approach has been designed along-side investment managers and fund accountants in order to provide best-in-class flexible technology solutions for the front, middle and back office teams.
Safari provides the tools needed by an investment manager to easily analyze and manage tracking errors, VaR, counterparty exposures, and UCITS III breaches for a high volume of diversified ETFs. The reporting suite is extensive, providing flexibility, scalability and transparency.
Our highly experienced team provides portfolio accounting, iNAV, reconciliation and order management services. EDD realizes daily operational efficiencies through fully automated processes which use straight-through electronic processing. We also support the industry's demand for greater transparency by providing online access to full accounting records and ETF customized reports which are based on data that is fully reconciled on a daily basis to the administrator's NAV and broker statements. EDD's established procedures and industry-tested systems will enable ETF managers to get up and running quickly and confidently, and then to focus on their expertise.
