Ascent Fund Services | solution of finance

  DEFINITION OF A CORPORATE SERVICE PROVIDER A corporate service provider is someone who provides business support services to other companies. Many types of corporate service providers exist and their roles differ depending upon the services and specialties that they offer. Services like tax accounting, legal duties, etc are offered with the usage of technology, experiences and other tried and tested methods done with clients before.    corporate service providers BENEFITS OF WORKING WITH A CORPORATE SERVICE PROVIDER The following benefits can be assured when you engage with a corporate service provider: COMPLIANCE TO DEADLINE There are deadlines to every work that goes on in a company. Missing deadlines can incur a high penalty fee. Such unnecessary expenses can incur huge losses to companies. However, experts at Ascent can help you track and monitor deadlines regarding your clients and give you the needed peace of mind.    SAVE TIME At Ascent, we aim to simplify the corporate secre

  Fund administration entails ensuring that the fund operations are adequately supported. Fund administrators usually execute middle and back-office functions, like record-keeping, accounting, risk management, compliance, among others. Their roles differ according to the demands of the fund and what type of fund it is (Hedge fund, private equity, and the like). It is a service in which a third-party company serves as an intermediary between investors and fund managers to distribute and very assets that are tied to investments.    The Significance of Fund Administration There are various benefits of this service. It includes the following: Streamline the fund’s operations and reduce related costs Outsourcing fund administration has the effect of streamlining your fund’s operations, all the while minimizing related expenses. For example, the cost of self-administration is more in the case of a specialized accounting system that needs maintenance and training. In contrast, third-party a

Some years ago, cryptocurrencies rarely registered on the radar of various fund administrators. But this situation has changed at a remarkable pace. In the year 2020, the total assets of crypto hedge funds under management were predicted at 43.8 billion. It is an increase of around 2 billion dollars in 2019. It also doesn't take into account all the investment streaming into venture capital and private equity funds investing in projects related to crypto and technology. A reputable crypto fund administrator has experience working with more than 300 crypto funds. Thus, if you want to work with a good cryptocurrency fund administrator, you should consider their experience, technology, and expertise in it.   crypto fund administrator What Are Crypto Fund Administrator Services Comprehensive cryptocurrency fund services include fund accounting, investor services, regulatory support, and financial statement preparation. Here are some critical services through which you can benefit.