Backoffice

Back Office IT Solutions Private Limited (BOIT) is engaged in providing IT Enabled Services in the domain of accounting. It includes various accounting functions such as Computation of Daily NAV (Computation of Net Asset Value) accounting, Monthly NAV accounting, fund taxation services, Audit support and Draft Financial Statements Preparation, processing of capital activities, preparation of wires, reconciliation of bank transactions and other similar activities. Broadly, services performed by the Company are in the nature of accounting, fund administration, transfer agency and support in financial &a; regulatory reporting. NAV Fund Administration Group, comprising of NAV Consulting, Inc., NAV Fund Services (Cayman) Ltd. and NAV Backoffice was founded in 1991. NAV is a privately-owned fund administrator that is recognized for its innovative and cost-effective fund administration solutions. NAVs dynamic team of 750+ professionals provide services to 900 Hedge Fund, Private Equity &a; Real Estate Funds, CTA, and Managed Account clients across the globe. NAV ranks among the top 10 global hedge fund administrators by number of funds, and services more than $84 billion AUA. NAV has grown organically throughout its 26 year history and provides unparalleled service to its clients, as evidenced by a remarkable 99% client retention ratio. All operations of NAV are ISAE 3402 Type 2 certified.