Glossary
Every term between trade and settlement.
A settlement instruction that transfers an asset without a simultaneous payment leg, exposing the delivering party to principal risk until payment is separately confirmed.
The front to back investment lifecycle is the controlled workflow from investment intent, order, execution, allocation, confirmation, settlement, position, accounting, reconciliation, and reporting evidence.
A fund accounting platform is the controlled operating layer that organizes fund-level records, NAV inputs, expenses, income, allocations, investor activity, reconciliation, approvals, and reporting evidence.
Fund administration operating data is the packet exchanged across the manager–administrator boundary: trade and expense files, the NAV pack, trial-balance shadowing, governed queries, and sign-off evidence.