Ascension America brings a rare combination to hedge fund operations: five years as a practicing auditor followed by decades of Fortune 100 systems implementation, now applied directly to fund finance. We design chart of accounts structures and accounting policy frameworks purpose-built for multi-strategy funds, ensuring every position, fee calculation, and allocation methodology is defensible under audit and consistent across share classes. Alongside this, we architect middle and back-office process design that closes the gap between trade capture and investor reporting. For emerging managers standing up operations for the first time, and established funds outgrowing spreadsheet-based processes, this foundational work prevents the reconciliation breaks and control gaps that erode investor confidence and consume management time during the most critical growth phase of a fund’s lifecycle.
Our SAP credentials, spanning FICO, SD, MM, BI, SolMan, and BPX modules earned across engagements at Intelligroup, IBM, SAP, Deloitte, and Accenture, translate directly into SAP-based management and corporate reporting platforms for hedge funds seeking institutional-grade financial infrastructure. We configure general ledger, cost center, and profitability reporting structures that give portfolio managers and CFOs real-time visibility into fund performance and expense allocation. As an AWS Certified Solutions Architect, we complement this with AWS-based data lake and analytics platform design, consolidating custodian statements, prime broker feeds, and market data into a unified architecture. Funds gain the reporting rigor of a Fortune 100 finance function without the overhead of building that capability from scratch internally.
Regulatory complexity is a permanent feature of the hedge fund landscape, and we design compliance frameworks that keep pace with it, covering Form PF filings, AIFMD requirements for funds marketing into Europe, and FATCA and CRS reporting obligations across investor jurisdictions. Our systems architecture work for multi-strategy funds ensures these regulatory data requirements are captured natively within the fund’s core platforms rather than assembled manually at filing deadlines. This is particularly valuable for funds running multiple strategies or vehicles under one management company, where position data, investor domiciles, and strategy-level exposures must be aggregated accurately and consistently. We build the underlying architecture so compliance reporting becomes a byproduct of well-designed systems rather than a recurring fire drill.
Where we differentiate most clearly is at the intersection of hedge fund operations and applied artificial intelligence. We conduct agentic AI operating model assessments that identify exactly where autonomous agents can safely take over repetitive, judgment-light finance and operations tasks, and where human oversight must remain. From there, we build NAV and position reconciliation automation using AI agents that compare custodian, administrator, and internal records continuously rather than in periodic batch cycles, surfacing breaks in hours instead of days. For funds that need senior finance leadership without a full-time hire, we also serve as fractional CFO or Head of Finance, bringing Big Four caliber financial oversight and our Certified Hedge Fund Professional designation to funds that need institutional credibility on a flexible engagement basis.
These capabilities come together in our Flagship Bundle for hedge funds: chart of accounts and process design, SAP and AWS systems architecture, an agentic AI operating model assessment, NAV and reconciliation automation, and an ongoing fractional CFO or Head of Automation retainer. Clients can engage the full bundle or select individual components based on where their fund is in its lifecycle. Every engagement is grounded in credentials that few advisory firms can match: Chartered Accountant, Company Secretary, CGA, CPA, an MBA from NYU Stern, and deep SAP and cloud certifications, paired with hands-on experience building the systems that Fortune 100 companies and now hedge funds rely on to operate with precision and confidence.