Delerex CryptoFund. Fund administration software out of the box

Size: px

Start display at page:

Download "Delerex CryptoFund. Fund administration software out of the box"

Allen Simpson
5 years ago
Views:

1 Delerex CryptoFund Fund administration software out of the box

2 Problems connected with digital assets management and accounting The complexity of fetching and processing the data The absence of industry standards for API, dynamically and chaotically developing products complicate the integration and maintenance of data fetching solutions from multiple exchanges and DLT registers. There are also no common assets valuation methodologies exist at the moment. Risk of total loss Private keys improper management and working with unregulated exchanges carry the risk of complete loss of the digital assets under management. Dealing with digital assets cannot guarantee the security of investment. Dealign with digital assets requires significant efforts and skills from the administrator and carries too much risks.

3 Solution Delerex CryptoFund - the software solution for administering an investment fund Following procedures are automated: DLT transactions recognition and processing according to their nature import transactions and balances from multiple exchanges multi-currency NAV calculation on daily basis automated reconciliation automated clients operations: deposits, redemption, performance fee calculation Automation can significantly reduce labor costs, increase efficiency and provide administrator with additional facilities

input NAV calculation on daily basis arbitrary time performance fees calculation 2019 alerts for improper or fraudulent

4 Administrators dashboard double-record accounting principle classic accounting structure : substantiating documents, operation, transactions customisable chart of accounts customisable accounting policies customisable costs accounting manual transactions input NAV calculation on daily basis arbitrary time performance fees calculation 2019 alerts for improper or fraudulent operations regulatory reporting NAV changes, fund performance and portfolio structure Detailed portfolio structure for arbitrary period

5 Administrators dashboard Flow of funds for arbitrary period Investors deposits and performance fee calculation Balances for arbitrary period Performance fee calculation module

6 Data processing complete operations import available for Binance, Bitfinex, Bittrex, GateIo, HitBTC, Kraken, KuCoin, Poloniex margin trading information available for Okex, Deribit, Bitmex fetching balances from more than 140 exchanges fetching, recognition the nature of transactions and automated processing for Bitcoin, Ethereum, Ethereum ERC20, Litecoin, Bitcoin Cash customisable valuation procedure : through aggregated price index or by last exchange price support for new exchange or DLT register takes up to 7 days SLA: 1 day for solving any inconvenience 2019 handling of financial derivatives operations : futures and options Imported external transactions in administrators dashboard. Those transactions are substantiating documents for operations moving funds between accounts within the system. Connecting an exchange account takes about a minute

Security accounting software doesn t deal with private keys data-feed server uses «read-only» API keys tailored fund manager and administrator interaction policy 2019 cold

and Microsoft Azure HSM private keys storage integration Transaction in 2 in 3 multisig wallet, where first key belongs to manager, second one to administrator and third

7 Security accounting software doesn t deal with private keys data-feed server uses «read-only» API keys tailored fund manager and administrator interaction policy 2019 cold storage multisig wallet trading solution over API for multiple exchanges with predefined operation rules and immediate close and withdraw to cold storage option Amazon HSM and Microsoft Azure HSM private keys storage integration Transaction in 2 in 3 multisig wallet, where first key belongs to manager, second one to administrator and third serves to backup purposes in case on of the keys is loss or compromised. Personal smart-card based HSM with customisable logic limiting amount and addressee of DLT transactions.

basis automated shares issue procedure investors dashboard Solution labour costs: about 30 minutes a day (manual fund reconciliation)

8 Our clients: BtcSavings.io self administered market neutral arbitrage fund Task 2 funds 6 exchanges, margin trading deposits in BTC NAV calculation on daily basis automated shares issue procedure investors dashboard Solution labour costs: about 30 minutes a day (manual fund reconciliation) non predicted labour costs : about 1 hour a month, non-standard transactions, performance fees calculation on monthly basis Investor s dashboard provides comprehensive information about fund performance since inception Assets allocation information

dashboard with exhaustive information about NAV, performance and all operations labour costs : up to 1 hour for

9 Our clients : Almond fund self administered fund performing directional trading operations over multiple exchanges Task Solution direct customers on-boarding 3 exchanges NAV calculation on daily basis investor s dashboard with exhaustive information about NAV, performance and all operations labour costs : up to 1 hour for manual reconciliation on weekly basis non-predicted labour costs : 1 hour a week Deposits performance information Clients operations

10 Installation software installation and setting-up tailoring fund policies and processes if necessary administrator's and manager's on-boarding. launch time : up to 7 days Request online presentation, access to documentation and demo access to dashboard at delerex.com

11 Delerex Pte. Ltd - Delerex employees had an experience in software integration for large corporations like M-Video, Post of Russia, Post of Kazakhstan, worked in field of data and software security, automated trading and finances - Delerex started operating in July of Delerex CryptoFund was deployed for 4 investment funds working with digital assets - All rights reserved to Delerex Pte. Ltd, Singapore Contacts: delerex.com contact@delerex.com Eugene Koinov skype: eugene.koinov We ll be happy seeing you among our clients!

SUMMARY... 3 INTRODUCTION... 4 DEVELOPMENT STAGES... 5 INVESTORS... 7 ARBITRAGE INVESTMENT STRATEGY... 9 BLOCKCHAIN-BASED FUND TOKENS...

Whitepaper Table of Contents SUMMARY... 3 INTRODUCTION... 4 DEVELOPMENT STAGES... 5 INVESTORS... 7 ARBITRAGE INVESTMENT STRATEGY... 9 BLOCKCHAIN-BASED FUND... 12 TOKENS... 13 ECONOMIC MODEL... 14 TECHNICAL