A fund administrator's core product is an accurate, timely NAV and a clean audit trail behind it, across funds, currencies, and share classes that don't stay still. Most administrators still run this on spreadsheets bolted onto a generic accounting platform, which works until a fund count, an investor count, or a regulator's reporting deadline outgrows it. We build the NAV engine, investor workflows, and compliance reporting around how your operation actually administers funds.
NAV calculation and reporting automation across funds, currencies, and share classes
Investor onboarding and KYC/AML workflows built into the subscription process
Capital call and distribution management for PE/VC fund structures
Fixed-cost delivery, scoped up front
The problem
Your NAV calculation process still running through a spreadsheet that one person understands well enough to trust?
Economic substance and regulatory filings for your offshore-domiciled funds assembled manually every reporting cycle?
Short answer
RaftLabs builds custom fund administration software, including NAV calculation and reporting automation, investor onboarding and KYC/AML workflows, capital call and distribution management, economic substance reporting for offshore entities, and multi-fund, multi-currency, multi-share-class administration. We build for fund administrators - including those serving offshore-domiciled hedge, PE, and VC funds in jurisdictions like the Cayman Islands and BVI - whose operations have outgrown spreadsheets or a generic accounting platform. We scope every project before pricing. Fixed cost, agreed before work starts. Projects are fixed-cost, scoped after discovery, with post-launch support included.
01 Diagnosis
NAV calculation is copy-paste, not accounting
Ask fund accountants what a daily NAV reconciliation really is and the honest answer is copy-paste, not accounting. NAV computation is mostly automated, but a human still sits behind the desk resolving the issues the automation can't: reconciliations, breaks, exceptions. When that process depends on institutional knowledge held by one or two people, growth in fund count or investor count turns a manageable workload into a bottleneck, and a single error becomes expensive to unwind. A structured NAV engine with your valuation methodology and fee/waterfall logic encoded turns a fragile manual process into a defensible, auditable one. The outcome is a NAV your auditors trust without a reconciliation marathon.
Investor onboarding takes weeks of paper chasing
Complete and accurate subscription documents should take minutes, not weeks. But subscription documents, KYC/AML verification, and accredited investor checks often happen in one system, or on paper, while the cap table and NAV allocation live in another. The new investor's data gets re-entered by hand and the two records drift out of sync. And 96 percent of LPs now say the complexity and professionalism of a fund's AML/KYC program is a primary factor in their decision to invest. We build onboarding directly into the same system as NAV and cap table management, so investor data flows straight through. The outcome is sub docs in minutes and LPs who notice the professionalism.
Portfolio company data arrives as garbage to normalize
The associates who built the model to close the deal are now copy-pasting monthly reports, getting paid for analysis but spending their time on data collection and format normalization. One company's revenue is another's bookings. Fitting square pegs into round holes costs countless hours of manual copying, translating financial statements into a common format. We build portfolio monitoring ingestion that normalizes incoming data into your chart of accounts automatically, flagging what doesn't map for human review. The outcome is associates doing analysis instead of data entry.
Your data is hard to extract, so you're hard to leave
Opaque pricing that escalates as you add funds and investors. Implementation timelines of 60 to 90 days that stretch longer. And underneath it all: when your data is hard to extract, you're harder to leave. Administrators stay with platforms they've outgrown not out of satisfaction but out of inertia. A custom platform runs on infrastructure you control, with documented exports and source code you own. The outcome is bargaining power: you can always leave, so you never have to.
02 What we ship
NAV engines that apply your specific valuation methodology and fee/waterfall structures, producing a defensible, auditable NAV on your required calculation cycle: daily, monthly, or quarterly. The outcome is a NAV that survives the audit without a reconciliation marathon.
Subscription document collection, accredited investor verification, and KYC/AML checks built into the onboarding flow, feeding directly into the cap table and NAV allocation without manual re-entry. The outcome is onboarding measured in minutes, not weeks.
Tracking each LP's committed, called, and distributed capital across funds and vintages, with capital call and distribution notice generation for PE/VC fund structures. The outcome is capital events without the spreadsheet scramble.
Data collection and filing-preparation workflows for economic substance reporting and other regulatory obligations, scoped to your specific offshore jurisdiction's requirements. The outcome is filings assembled as a byproduct of operations, not a deadline scramble.
Data architecture built around multiple fund vehicles, currencies, and share classes as first-class concepts, not a single-fund system stretched to fit a growing operation. The outcome is an operation that scales without workarounds.
Client-facing portals where investors view their position, NAV history, capital account statements, and documents under your brand, with access scoped per investor and per fund. The outcome is LPs who stop asking for better reporting.
The fund administration software decision is usually about the data: who holds it, what it costs to keep it there, and what happens when you want to leave.
Keep the platform
SS&C, Citco, Juniper Square
When the platform's NAV engine, onboarding, and reporting fit your fund structures and the pricing still makes sense.
Build custom
When the price escalates
Opaque per-fund, per-investor pricing that climbs as you grow. A custom build has a fixed price.
When the data is trapped
Your books, your investors, your history, on infrastructure you control, with documented exports.
When the workflow is yours
NAV methodology, waterfall logic, and reporting formats the platform's model can't express.
Bottom line
Keep the platform while it fits. Build when the fit, the price, or the exit breaks.
04 How we work
Trusted by
05 Track record
08 Why us
09 Questions
Fund administration software automates the core operational work of administering investment funds: NAV calculation and reporting, investor onboarding and KYC/AML, capital call and distribution management for PE/VC structures, and regulatory filings including economic substance reporting for offshore-domiciled entities.
Yes. NAV calculation - valuing fund assets, applying fee and waterfall structures, and producing a defensible, auditable NAV on a daily, monthly, or quarterly cycle - is the core of most requests we get in this space. We scope your specific valuation methodology during discovery.
Yes. Investor onboarding - subscription document collection, accredited investor verification, and KYC/AML checks - is commonly built as part of the same system rather than a separate parallel process, so investor data flows straight into the cap table.
Yes. Tracking each LP's committed, called, and distributed capital across multiple funds and vintages, and generating capital call and distribution notices, is a common requirement. We scope the waterfall and carried-interest logic during discovery.
A single-purpose tool covering NAV calculation and investor reporting typically takes 14-20 weeks. A full platform with capital call management, economic substance reporting, and an investor portal takes 20-30 weeks. We scope a fixed cost after discovery, before any development starts.
Yes. Offshore-domiciled entities in jurisdictions like the Cayman Islands and BVI are required to file economic substance reports. We build the data collection and filing-preparation workflow around your specific jurisdiction's requirements, scoped with your compliance team.
Yes. We build the data model around multi-fund, multi-currency, multi-share-class administration from the start, not a single-fund system stretched to fit.
Yes. A portal where investors view their position, NAV history, capital account statements, and documents under your own brand is a common addition once the core administration platform is in place.
That fear keeps most administrators on systems they've outgrown: when your data is hard to extract, you're harder to leave. We treat the migration as a first-class deliverable. Historical NAVs, investor records, capital accounts, and documents are ported with reconciliation against your existing system. The new platform runs in parallel with the old one until the numbers agree, then we cut over. The cost of staying is ongoing and cumulative; the cost of moving is a project with an end date.
Fund administration software development
NAV calculation, investor onboarding, capital calls, economic substance reporting
Fintech software development
ledgers, payments, and financial compliance software
WealthTech software development
portfolio management, advisor tools, and wealth platforms
Family office software development
multi-custodian aggregation, reporting, entity tracking
Fintech software development services
custom fintech platforms, discovery through delivery
Custom software development
fixed-cost custom builds, discovery through delivery
Tell us how you calculate NAV and administer investors today, and where the gaps are. We'll tell you how we'd approach it.
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