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Basiz corporate

Jitender Maurya
Jitender Maurya

Basiz is a fund accounting services provider headquartered in Chennai, India with offices in Mumbai, Coimbatore, Singapore, London, and New York. They service hedge funds, private equity/venture capital, mutual funds, family offices, and insurance portfolios. Basiz has over $12.6 billion in assets under administration and has prepared over 6,000 financial statements. They offer a range of fund accounting services including financial statement preparation, NAV accounting, 1065 and K-1 taxation, and private equity/venture capital services.

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Fund Accounting with Basiz -- where it makes sense $12.6 billion AUA & 6,000+ reporting and growing Sesh A. V ACA Managing Director Basiz Fund Service Pvt. Ltd 6th Floor, Solaris 1, A wing Opp L&T Gate No.6 Saki Vihar Road, Andheri-East, Mumbai - 400072, India Mobile: +91 82860 08554 SAS 70 Email: sesha@basizfa.com GLocal in your time at your Type I Honey Yee Convenience Certi鍖ed Vice President Global Marketing Basiz fund service is a fund accounting service provider with International footprint, Head quartered in Chennai and having offices in Mumbai, Coimbatore in India, besides Singapore, London, and Basiz FA Services Singapore Pte Ltd New York. Basiz primarily focuses on servicing Hedge Funds, Private Equity/Venture Capital, #21-00, 16 Collyer Quay Mutual Funds, Family Offices, Insurance Portfolios, and Managed Accounts. Our team has rich Singapore 049318 experience of handling assignments relating to AUA over $ 12.6 Billion. Having crossed preparation Tel: +65-6818 9130 of more than 6000+ financial statements and having completed 400+ NAV processes of divergent Fax: +65-6818 9445 nature, with high level of complexities, our team is best suited to bring results on your table. Email: sgmark@basizfa.com Basiz specializes in various accounting standards and instrument structures. Basiz Fund Services is shareholder and operating partners of ODB Fund Services Ltd, the 2nd Karthik Deep fastest growing fund administratior in the US. The partner in this venture is PKF OConnor Davies Associate Vice President the 10th largest CPA firm in the US. Powered with many decades of rich professional man years Basiz Fund Service Pvt. Ltd of experience represented by 100+ professionals, Basiz is poised to grow to greater heights in 6th Floor, Solaris 1, A wing the domanin of fund accoutning as market leader. Opp L&T Gate No.6 Saki Vihar Road, BASIZ - A Knowledgeable, Viable and Dependable back-office partner Andheri-East, $12.6 billion Assets Under Administration Mumbai - 400072, India Mobile: +919880724733 Basiz supports the top 6 banks globally in preparing Financial Statements. +919004077920 Basiz prepares Financials for about 5% of the Hedge Funds at a global level Email: marketing@basizfa.com Proven experience in running accounting and administration processes In depth knowledge of investment accounting covering various GAAPs, International best http://www.basizfa.com practices and technology integration are the USPs of Basiz Whole range of services in the Fund accounting space right from the time of trade execution Thank You to the declaration of NAV and Financial Reporting Basiz has executed and administered 400+ NAVs & 6000+ Financial Statements Pioneer in adopting SIPOC and PERT/CPM techniques in Fund accounting & Reporting processes, and SAS 70 type I Certified.
Our Services For You... flexible solutions for your fund needs FINANCIAL STATEMENT PREPARATION PRIVATE EQUITY / VENTURE CAPITAL SERVICES Our team handles this assignment right from the draft stage to sign Deal entry off. Basiz uses proprietary process using bespoke SIPOC/PERT/CRM Recording capital commitments technique for the fund Industry. Working and monitoring out draw down schedules and call triggers Operating and monitoring of de鍖nitive agreements covenants, Salient features of this service are collection of 鍖nancial statements from the portfolios, MIS collection Basiz prepares 鍖nancials for about 5% of the Hedge funds at a global tabulating and creating board binders level Assist and coordinate board meetings Cumulative experience of 6,000+ statements covering IFRS, US Claw back calculations, Waterfall calculations and IRR analysis GAAP, Lux GAAP, Irish GAAP, Indian GAAP etc. US Tax reporting mainly PFIC 1065 and K1 and coordinating any tax Proven model consulting and CPA review Basiz is SAS 70 Type I Certi鍖ed Bank reconciliations Experience in handling major audit 鍖rms Financial statement preparation Unique PERT/CPM method to reduce turn around time. Fund annual return computation and coordinate 鍖lings for Cayman Funds Obviously, this will leave your team free to concentrate on other high Investor reporting periodically value core functions. Thus, the audit closure time can shorten and the Cash forecast for next quarter overall cost can reduce. Budgets, organization & syndication accruals Carry forward interest, management & performance fee computation NAV ACCOUNTING General ledger processing and review Fund accounting is specialized segment of accounting that combines Portfolio valuation based on pre agreed method the knowledge of securities, GAAP and skills of disciplined processes. Income accrual and recognition Basiz offers NAV support services and addresses the demands of CFO support services capacity, exotic investment strategies, dif鍖cult to account securities and instruments that do not have automated solutions. PFIC Level 1: PFIC Annual Information statement. This is issued by the Salient features of this service are fund and given to the investors. It has no individual investor End to end investment accounting from transaction processing to information, rather it is at fund level. NAV declaration A) Election, Analysis, Setup, determination leading to PFIC Based on SIPOC methodology of Six Sigma status Unique & Proprietary graphical checkpoints for processing and review B) Analysis and preparation of PFIC Annual Information 2 level Independent reviews Statement Proven experience of handling 400+ NAVs covering daily, weekly and monthly funds covering with Long/Short, Global Macro, Absolute return, Level 2: This is a consultative service. This analysis will generally OTC, derivatives, IRS, Equity basket swaps and CDS strategies include such things as 鍖rst determining the PFIC status if any, Investor accounting that covers Partnerships, Master Feeders, SPCs. analyzing the ownership structure and income streams, and Basiz can also compute equalizations & series allocation. determining which elections, if any, are appropriate. During this process we also attempt to identify planning opportunities 1065 AND K-1 TAXATION as they present themselves. This service is co-offered with our A complete or modular services that covers partners the CPA 鍖rm out of NY. Foreign Currency related computation per Sec. 988 Stapled securities analysis Level 3: Once we fully understand the structure, planning opportunities Listed futures per Sec. 1256 and applicable reporting requirements inherent in each clients Determination of Grantor trusts situation, we then move on to the required computations and Splitting of capital and Income in certain REITs allocations, making appropriate elections, and 鍖lling out all Built in contribution gain/loss for contribution in kind/merged fund required Tax Returns and Information Filings. For example, US scenario Federal Form 8621 must be completed and attached to each Underlying PFIC & K1 upload individual investors personal tax return. The attribution rules of Straddles analysis the US tax code must be applied for this purpose. There may Wash sales computation also be US State Tax Return requirements as well. This service Tax v/s booked EUMAB is co offered with our partners the CPA 鍖rm out of NY. Reconciliation of temporary tax adjustment of relation to unrealized gain/loss, MTM, Dividend, receivable Quali鍖ed dividend analysis Foreign tax credit by country analysis Dividend & Interest by country analysis for DTA relief PERT/CPM based proprietary process to ensure quick turnaround

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Basiz corporate

  • 1. Fund Accounting with Basiz -- where it makes sense $12.6 billion AUA & 6,000+ reporting and growing Sesh A. V ACA Managing Director Basiz Fund Service Pvt. Ltd 6th Floor, Solaris 1, A wing Opp L&T Gate No.6 Saki Vihar Road, Andheri-East, Mumbai - 400072, India Mobile: +91 82860 08554 SAS 70 Email: sesha@basizfa.com GLocal in your time at your Type I Honey Yee Convenience Certi鍖ed Vice President Global Marketing Basiz fund service is a fund accounting service provider with International footprint, Head quartered in Chennai and having offices in Mumbai, Coimbatore in India, besides Singapore, London, and Basiz FA Services Singapore Pte Ltd New York. Basiz primarily focuses on servicing Hedge Funds, Private Equity/Venture Capital, #21-00, 16 Collyer Quay Mutual Funds, Family Offices, Insurance Portfolios, and Managed Accounts. Our team has rich Singapore 049318 experience of handling assignments relating to AUA over $ 12.6 Billion. Having crossed preparation Tel: +65-6818 9130 of more than 6000+ financial statements and having completed 400+ NAV processes of divergent Fax: +65-6818 9445 nature, with high level of complexities, our team is best suited to bring results on your table. Email: sgmark@basizfa.com Basiz specializes in various accounting standards and instrument structures. Basiz Fund Services is shareholder and operating partners of ODB Fund Services Ltd, the 2nd Karthik Deep fastest growing fund administratior in the US. The partner in this venture is PKF OConnor Davies Associate Vice President the 10th largest CPA firm in the US. Powered with many decades of rich professional man years Basiz Fund Service Pvt. Ltd of experience represented by 100+ professionals, Basiz is poised to grow to greater heights in 6th Floor, Solaris 1, A wing the domanin of fund accoutning as market leader. Opp L&T Gate No.6 Saki Vihar Road, BASIZ - A Knowledgeable, Viable and Dependable back-office partner Andheri-East, $12.6 billion Assets Under Administration Mumbai - 400072, India Mobile: +919880724733 Basiz supports the top 6 banks globally in preparing Financial Statements. +919004077920 Basiz prepares Financials for about 5% of the Hedge Funds at a global level Email: marketing@basizfa.com Proven experience in running accounting and administration processes In depth knowledge of investment accounting covering various GAAPs, International best http://www.basizfa.com practices and technology integration are the USPs of Basiz Whole range of services in the Fund accounting space right from the time of trade execution Thank You to the declaration of NAV and Financial Reporting Basiz has executed and administered 400+ NAVs & 6000+ Financial Statements Pioneer in adopting SIPOC and PERT/CPM techniques in Fund accounting & Reporting processes, and SAS 70 type I Certified.
  • 2. Our Services For You... flexible solutions for your fund needs FINANCIAL STATEMENT PREPARATION PRIVATE EQUITY / VENTURE CAPITAL SERVICES Our team handles this assignment right from the draft stage to sign Deal entry off. Basiz uses proprietary process using bespoke SIPOC/PERT/CRM Recording capital commitments technique for the fund Industry. Working and monitoring out draw down schedules and call triggers Operating and monitoring of de鍖nitive agreements covenants, Salient features of this service are collection of 鍖nancial statements from the portfolios, MIS collection Basiz prepares 鍖nancials for about 5% of the Hedge funds at a global tabulating and creating board binders level Assist and coordinate board meetings Cumulative experience of 6,000+ statements covering IFRS, US Claw back calculations, Waterfall calculations and IRR analysis GAAP, Lux GAAP, Irish GAAP, Indian GAAP etc. US Tax reporting mainly PFIC 1065 and K1 and coordinating any tax Proven model consulting and CPA review Basiz is SAS 70 Type I Certi鍖ed Bank reconciliations Experience in handling major audit 鍖rms Financial statement preparation Unique PERT/CPM method to reduce turn around time. Fund annual return computation and coordinate 鍖lings for Cayman Funds Obviously, this will leave your team free to concentrate on other high Investor reporting periodically value core functions. Thus, the audit closure time can shorten and the Cash forecast for next quarter overall cost can reduce. Budgets, organization & syndication accruals Carry forward interest, management & performance fee computation NAV ACCOUNTING General ledger processing and review Fund accounting is specialized segment of accounting that combines Portfolio valuation based on pre agreed method the knowledge of securities, GAAP and skills of disciplined processes. Income accrual and recognition Basiz offers NAV support services and addresses the demands of CFO support services capacity, exotic investment strategies, dif鍖cult to account securities and instruments that do not have automated solutions. PFIC Level 1: PFIC Annual Information statement. This is issued by the Salient features of this service are fund and given to the investors. It has no individual investor End to end investment accounting from transaction processing to information, rather it is at fund level. NAV declaration A) Election, Analysis, Setup, determination leading to PFIC Based on SIPOC methodology of Six Sigma status Unique & Proprietary graphical checkpoints for processing and review B) Analysis and preparation of PFIC Annual Information 2 level Independent reviews Statement Proven experience of handling 400+ NAVs covering daily, weekly and monthly funds covering with Long/Short, Global Macro, Absolute return, Level 2: This is a consultative service. This analysis will generally OTC, derivatives, IRS, Equity basket swaps and CDS strategies include such things as 鍖rst determining the PFIC status if any, Investor accounting that covers Partnerships, Master Feeders, SPCs. analyzing the ownership structure and income streams, and Basiz can also compute equalizations & series allocation. determining which elections, if any, are appropriate. During this process we also attempt to identify planning opportunities 1065 AND K-1 TAXATION as they present themselves. This service is co-offered with our A complete or modular services that covers partners the CPA 鍖rm out of NY. Foreign Currency related computation per Sec. 988 Stapled securities analysis Level 3: Once we fully understand the structure, planning opportunities Listed futures per Sec. 1256 and applicable reporting requirements inherent in each clients Determination of Grantor trusts situation, we then move on to the required computations and Splitting of capital and Income in certain REITs allocations, making appropriate elections, and 鍖lling out all Built in contribution gain/loss for contribution in kind/merged fund required Tax Returns and Information Filings. For example, US scenario Federal Form 8621 must be completed and attached to each Underlying PFIC & K1 upload individual investors personal tax return. The attribution rules of Straddles analysis the US tax code must be applied for this purpose. There may Wash sales computation also be US State Tax Return requirements as well. This service Tax v/s booked EUMAB is co offered with our partners the CPA 鍖rm out of NY. Reconciliation of temporary tax adjustment of relation to unrealized gain/loss, MTM, Dividend, receivable Quali鍖ed dividend analysis Foreign tax credit by country analysis Dividend & Interest by country analysis for DTA relief PERT/CPM based proprietary process to ensure quick turnaround