HSBC has launched a set of digital applications to help asset owners and managers monitor the NAV of their funds. The NAV Oversight suite of applications offers real-time dashboards tracking the status of NAV processing against agreed timelines for publication. To help clients review the accuracy of the NAV, the apps break down the underlying movements contributing to the final figure. Integrating into clients’ oversight models and processes, providing transparency into key NAV quality controls and explaining the reasons behind any specified control thresholds being exceeded.
Clients can access the apps anytime, anywhere on PCs, laptops or mobile devices and can customise the dashboards and user views. The apps have been developed in-house and are powered by the bank’s Evolve platform.