Fund administrators
That run fund accounting and reconciliation for many client funds, each with its own rules.
Built for exception work in finance operations
Lumiveo fits work where an agent can propose an answer, a person checks it, and the same kinds of exceptions come back every day. We start with reconciliation.
Who it is for
Hedge funds and asset managers
Whose operations teams match positions, cash and trades every day.
Bank and broker operations teams
That clear breaks, payment investigations and settlement exceptions.
The people we work with: the COO or head of operations, the head of fund accounting, and the compliance officer who signs off on controls.
Tasks
| Task | What the agent does | What your reviewer does | How we measure it | Status |
|---|---|---|---|---|
| Cash and position reconciliation exceptions | Finds the likely cause of each difference between your books and the bank, broker or custodian, and proposes the fix | Accepts or corrects, with a one-line reason | Share accepted with no edit; repeat mistakes; review time per item | Pilots open now |
| Trade breaks and settlement exceptions | Matches trades against confirmations and proposes why each break happened | Accepts or corrects | Breaks closed with no edit; time to close | Ask us |
| NAV review checks | Checks price moves, accruals and fees against the fund’s own rules before the NAV is released. NAV is the fund’s value per share. | Clears or escalates each flag | Flags cleared with no edit; flags missed | Ask us |
| Fee and expense checks | Checks each fee and expense against the fund’s documents | Accepts or corrects | Errors caught before release | Ask us |
Signs a task is a good fit
- The same kinds of exceptions come back every day or every month.
- Your team already reviews the work, so corrections exist.
- Each client or fund has its own rules that are not written down.
- You keep past exceptions and how they were resolved, for at least three months.
Signs it is not a good fit yet
- The task happens a few times a year.
- No one reviews the result today.
- The answer depends on judgment that people disagree on.