Middle Office Services
Middle office solutions designed to streamline operational efficiency and mitigate risk, with seamless trade processing, risk management and performance reporting.
Keep the engine room of your investment operations running smoothly
The middle office connects your investment team’s decisions with the custodians, brokers and administrators that execute and record them. When trades are not confirmed, settlements fail or positions do not match, operational risk rises quickly.
XCHEQER provides tailored middle office services that ensure seamless trade processing, risk management and performance reporting. We act as an extension of your team, giving your portfolio managers accurate, timely information and reducing the burden on internal resources.
Our approach combines operational expertise with digital tools and streamlined processes, so issues are identified early and resolved before they affect your portfolios or investors.
Our middle office services
We tailor our middle office services to your strategies, counterparties and internal capability.
Trade Confirmation and Settlement
Trades are matched and confirmed with brokers and counterparties, with settlement monitored and exceptions followed up to reduce failed or late settlements.
Risk Management and Reporting
We prepare risk reporting that helps your team monitor portfolio exposures and identify issues that need attention.
Portfolio Valuation and Reconciliation
Portfolio positions and valuations are reconciled against custodian and administrator records, with breaks investigated and resolved.
Cash and Collateral Management
Cash balances, forecasts and collateral movements are monitored so your portfolios have the liquidity they need.
Performance Reporting and Analytics
Portfolio performance is calculated and reported, providing insights your investment team and stakeholders can use.
Reduce operational risk and free up your team
A specialist middle office function improves control over the trade lifecycle and gives your investment team better information, without the cost of building and maintaining the capability internally.
Lower operational risk
Timely confirmations, reconciliations and exception management reduce the chance of costly errors.
Operational efficiency
Streamlined, digitally enabled processes reduce manual effort and processing time.
Clearer portfolio visibility
Reconciled positions and cash give portfolio managers confidence in the data they act on.
Scalable support
Our services scale with your strategies and volumes, without the need to grow internal headcount.
Operational expertise from both sides of the industry
XCHEQER understands the middle office from the perspective of the investment manager and the service provider, which allows us to tailor practical solutions.
- Deep experience in investment operations
- Practical, tailored solutions rather than one-size-fits-all
- Use of advanced tools for speed and accuracy
- Close collaboration with your investment team and providers
- Flexible in-house, outsourced or hybrid models
Our middle office approach
We integrate with your existing counterparties and providers to deliver a seamless middle office function.
Operating model review
We map your trade lifecycle, counterparties, systems and current pain points.
Integration and set-up
Data flows, controls and escalation paths are agreed and established with your providers.
Daily operations
Trades are confirmed, settlements monitored, and cash and positions reconciled each day.
Reporting and improvement
Risk and performance reporting is delivered, and processes are refined as your business evolves.
Related Services
XCHEQER’s services are designed to work together, giving you a single, consistent operating partner across your fund operations.
Fund Administration
Trade data capture, custodian reconciliations, security pricing, NAV and unit pricing.
NAV Review & Service Provider Oversight
Independent shadowing of NAV calculations and oversight of your service providers.
Fund Accounting & Tax Services
General ledger, monthly reporting, fees, distributions and BAS.
Strengthen your middle office
Contact XCHEQER to discuss how our middle office services can improve efficiency and reduce operational risk across your portfolios.