Digital Assets

Digital Assets

Our award-winning specialist digital asset fund administration team supports digital asset funds worldwide with more than $10 billion under management across a diverse range of strategies. In a fast-evolving sector we continue to invest in people, processes and technology in order to maintain our market-leading position.

As one of the first fund administrators to provide services to digital asset hedge and venture capital funds, we have developed a deep understanding of the specific needs and challenges of the asset class. We offer a range of services specifically geared to the requirements of digital asset managers, whether they are launching their first funds or are an established institutional manager looking to expand into new strategies.

We have been named both the best overall digital assets administrator and the administrator with the best technology for digital assets by Hedgeweek magazine.

We have yet to discover any material error in their calculations. When there is a discrepancy it is always our error.

Global Custodian Hedge Fund Administration Survey, 2018

I believe that we are receiving a good value for the price paid for services. As for all customers, price is a difficult topic because everyone thinks they are paying too much. While this may be the case, looking at the value proposition compared to pricing is a better outcome.

Global Custodian Hedge Fund Administration Survey, 2022

Trident works hard to accommodate my timing requirements. Even through COVID they hardly missed a beat. I shadow their work, and more often than not I find it is I who made a mistake.

Global Custodian Hedge Fund Administration Survey, 2021

I couldn't speak more highly of my team at Trident and I would recommend them to anyone. They are responsive, proactive, super helpful, the work provided is flawless. I just really, really enjoy working with them. High quality services.

Global Custodian Private Equity Administration Survey, 2020

Core Services

Fund Launches

Successfully getting a new crypto fund off the ground requires specific experience of this developing asset class. Through key partnerships in the crypto ecosystem, we can assist managers with: fund formation, local regulatory applications and other fund documentation; establishing accounting policies and operational procedures; coordinating the execution of operating agreements; banking and custody solutions; audit and tax support; trading; and arranging for independent directors.

Crypto Workflows

We have partnered with Lukka, a leading blockchain technology platform, to enable us to automate and optimize back-office processes and reporting, and offer key data integration, capture and processing of exchange/OTC transactions. We can also advise managers on subscriptions in kind and asset storage, both hot and cold wallet. Our crypto funds are supported by our Paxus or Advent Geneva IT platforms and offer managers and investors portals access.

Fund Administration

We take care of all aspects of the day-to-day administration of the fund, allowing our clients to focus on investment management and investor relations. Our services include: maintenance of principal corporate books and records; providing statutory representation; managing subscriptions, redemptions, exchanges and transfers of fund interests; statutory reporting; maintaining the register of investors; arrangements for annual audit; fund expense management; bank account administration.

Accounting

Accurate and efficient accounting that our clients can rely on is fundamental to what we do. Our services include: full turnkey fund & portfolio accounting; maintaining full accounting and investment portfolio records; trading & cash activity reconciliation; monitoring and accounting for forks; NAV calculation; financial statement preparation; decentralized finance transactions; fund manager and custodian fee calculations and payments.

Investor Services

We understand that effective investor relations are a critical pillar for any fund manager. We provide efficient, accurate, high-touch investor services, backed by real time data transparency. Our core services include: investor onboarding and KYC; sophisticated online reporting and communication, tailored to industry standards; subscription and redemption / capital call and distribution management; investor liaison and query management.

Regulatory Services

Fund managers today face an increasingly complex set of compliance and regulatory obligations, both at an international and local level. Our range of regulatory compliance and AML-CFT services to assist investment funds and fund managers in complying with their statutory obligations includes: FATCA and CRS entity classification, registration, account holder identification and reporting; AIFMD (Annex IV) reporting; Cayman Islands compliance services, including provision of MLRO, DMLRO and AMLCO.