Use Case

No-Touch NAV Validation

Embed exception-based checks in NAV production, so a NAV is released at the exit when every control passes and goes to a person, with evidence, when one does not.

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A NAV pack and the portfolio company reports. One clean ABOR.

  1. 1NGT Tools Data Ingestion classifies every file before parsing it
  2. 2Multi-sheet Excel and PDF company reports, every field linked to its page or cell
  3. 3The administrator's model recognised from the content, then harmonised across providers
  4. 4Data quality after ingestion and again after harmonisation

Description

Producing accurate NAVs under tight deadlines is challenging, with risks of distributing incorrect values due to data quality issues and limited verification time.

The No-Touch NAV plugin embeds validation directly in the production workflow. An Oversight skill runs the checks on prices, cash, FX rates, fees and corporate actions, and calls NGT Tools for every number, so anomalies are caught before the NAV goes out.

When no exception is raised, the guardrail you set at the exit (a person or an agent) releases the NAV. When one is raised, the case goes to a person with the evidence attached. Every run is replayable.

Key Features

  • Embedded checks on every NAV component, with anomalies detected by deterministic NGT Tools across all key data points.
  • Exceptions routed to the right owner with the evidence attached, so people intervene only where a check fails.
  • NAV release at the exit when all controls pass, under the guardrail you set, for true "No Touch" NAV processing.

NGT Tools it calls

  • Price anomalies
  • Independent price valuation
  • Fees
  • Sub-fund evolution
  • NGT Exception Framework: Detection, Routing, Sign-off, Audit trail

Data Objects

  • Funds/Sub-Funds/Share Classes
  • Share Class NAVs
  • Portfolio Positions
  • Transactions
  • Balance Accounts
  • Subscriptions/Redemptions

Checks

  • FX Rate validation
  • Fees validation
  • Hedging validation
  • Instrument Price validation
  • Portfolio P&L validation
“Asset managers must adapt quickly to meet investors' expectations and having a reliable partner like Next Gate Tech is essential for this transition.”
BJ

Benoît Joseph

Chief Risk Officer, Trustmoore

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