NorthStar Automation For Waterfalls , Fee Validations & Complex Allocations

Providing automation and transparency for waterfall and incentive fee calculations, fee validations and all types of complex allocations. With NorthStar firms will be able to migrate away from complex spreadsheets to an automated and standardized calculation process.

  • A newly developed fully automated business application designed for the alternative investment industry - including private equity firms, credit funds, hedge funds, fund administrators and limited partner investors
  • Allows for the automation of waterfall and incentive fee calculations and analysis
  • Automate the process for validating fees and complex allocations
  • Significantly increases efficiency, reduces costs and enhances the compliance process
  • Web-based application accessible from any browser
  • Stores all calculations in a single database
  • Flexibility to design most calculations without coding or customization
  • Play and Play data connectivity to existing applications. API integration allows for NorthStar to seamlessly receive and send data to and form other applications.

Benefits from NorthStar

Reduce the time spent on calculations and validations from days to minutes.

Reduced need of teams to build and maintain multilayered excel models. Excel processes are automated.

Replace complex and difficult to maintain spreadsheets with a standardized and validated process.

Provides a user friendly and efficient process for testing and analyzing 'What-if' scenarios.

Creates all related journal entries.

Detailed step-by-step information for each calculation step - No 'Black Box' calculations.

NorthStar - Time Savings and Risk Mitigation

NorthStar enables firms to gain significant efficiencies while reducing risk

  • The increasing complexities of the calculation require standardization to reduce risks inherent in Excel
  • A user-friendly interface with full transparency to facilitate the calculation process
  • Reduce processing times for Waterfall and Incentive Fee calculations from days to minutes
  • Faster decisions with quicker access to data in a single location

NorthStar will automate and streamline the entire waterfall / incentive fee calculation process to ensure complete visibility.

NorthStar Automates the Entire Process

NorthStar allows you to manage the entire calculation process and create customized calculations specific to a funds requirements. Users can create and store unlimited calculations.

NorthStar integrates with a firms general ledger / cash flows and other core applications; providing the ability to seamlessly assimilate into a firms existing architecture.

Automation from NorthStar

  • Productivity is increased as tedious and complex Excel processes are automated
  • Accuracy is improved as mistakes are eliminated with the removal of manual methods
  • Replace hundreds of different Excel files with a standardized workflow
  • Ensure compliance via the standardization and transparency of the calculation
  • Use of a single data location to manage and administer all processes across your entire firm

With NorthStar User Gain Flexibility

NorthStar allows you customize the calculation process. Users define the tiers and all relevant variables at each step. Flexibility in the solution allows you to create most calculations without the need for coding or significant revisions to the application.

Users benefit from the full transparency provided at each step of the calculation. You'll receive visibility into each step and identify any problems instantly. Validations are made easier with a seamless integration to Excel. With one click data can automatically be moved to Excel.

Benefits of NorthStar by Department

Provide investors with a detailed breakdown of calculation steps and the ability to create customized reports upon request.

Front Office

What-if' scenarios and optimization of the sell decision analysis

Compliance / Auditing

Increased transparency, standardization and consolidation of data

Accounting and Operations

Reduce risk and increase efficiency via automation and standardization of the process

Investor Relations

Provide investors with detailed breakdown of calculation steps and Create customized reports upon request

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