When we created the H2 fund, we believed that we'd be operational within a period of six months - nine months at the most. It took us 18 months to reach the required degree of readiness and we were only 80% ready.
One of the reasons we believed in our optimism was that: We didn't know the number of steps were required to establish an investment fund when we first started. Now, we know since it's been codified. There's at least 210 steps. There's likely to be many more steps we need to add, but that number is close enough.
Don't believe the number? We've made our list accessible for anyone to check out here. Even better, we've taken all of our learnings and crafted a lot of code, and created a better approach to creating investment vehicles - using certified fund managers who are MAS-licensed. First Degree Global Asset Management.
We have gathered our resources to design a system that can reduce the time required to establish investment vehicles as well as to create operational support. It can be completed within days or even hours. What is operational support? Operational support means basically the capability to:
Create a website.
pick from a variety options for fund structures
Incorporate a licensed, knowledgeable and competent fund manager
Choose from a list of admins or add an administrator to your fund manager
Choose the audit company you prefer
Directors and advisors are nominated.
tap into a global deal origination network
Set up an automated process to analyze deals
Initiate an investment committee
Perform KYC and AML checks
Interface with multiple languages and currencies users
Use AI to perform analysis and basic D
enable stakeholder access to your portfolio to allow stakeholder access
Automate the process of fund accounting, reporting as well as other manual duties
Yes, we do. It seems kind of unbelievable that we can provide the same level of functionality within only a few hours, or days. The initial step in automating a process is to go through it several times manually and take notes.
We've done it now, and those notes no longer exist They are just the entries in the documentation that were created to allow the quick, simple automated creation of investment vehicles. Also, they enable the commercialization of Hatcher+ Venture-Asa-Service Technology ("VAAST") - the multi-award winning technology, data analytics platform that reduces the length of the year to just a few days.
This platform is designed for serious scale. On October 1, 2021 we'll begin to add customers who are our Pilot Partners. If you're a multi-family office or wealth manager private bank, or a financial advisor looking to enable an investment vehicle that is private for your clients using a process that is fast efficient, reliable, and comprehensive We'd love to talk with you.