Ultimus teams up with FundGuard for contingent NAV solution

Ultimus Fund Solutions is to offer its investment manager clients an enhanced contingent NAV solution utilising FundGuard’s platform. The FundGuard solution allows Ultimus to offer clients additional services to calculate real-time contingent NAVs for their registered funds. Clients can also use the solution for shadow NAV monitoring as an oversight to the normal daily NAV calculation process. FundGuard recently completed a USD40m funding round, adding both Citi and State Street as new investors.

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