Investigate a changed NAV line against the book and earlier review. Approve a response with the evidence in hand.
The changed fee needs fresh approval.
The earlier pack agreed with the book. Its approval does not cover the revised fee.
Workflowsfundcycle.ai/workflows
From a difference to a finding you can review.
FundCycle agents investigate differences down to the source records and prepare findings with supporting evidence. Your operators review the findings and approve what happens next.
Valuation marks, checked before NAV
Trace a keyed mark back to the supplied valuation records. Review the finding and supporting evidence before requesting a correction.
Read more →Valuation investigationIllustrative · fictional fund
Meridian Direct Lending FundAugust valuation cycle
Aggregation workbookLoan record
| Price (% of par) | |
|---|---|
| 97.25 |
Trace mismatch
Administrator price fileSame loan
- Keyed price (% of par)
- 92.75
Evidence: aggregation workbook, administrator price file and a reference to the valuation report. The report itself still needs a checker’s confirmation.
Pick the one you recognize.
Illustrative examples
Trace a cash difference to the underlying transaction. Review the agent's explanation before approving timing or a true-up.
The receipt is missing from the book.
Settlement evidence points to timing. An operator must confirm the explanation.
Will we have to prorate?
Investigate the funding assumptions behind a repurchase window. Review the shortfall and available options before deciding.
The window has a funding shortfall.
The finding identifies the cash and facility assumptions for operator review.
Catch the break before NAV strikes
Have the source evidence and a proposed next step ready for the operator reviewing a material break.
The break is ready for review.
Source evidence and a proposed next step accompany the finding. Resolution needs approval.
Three sources disagree. Who is right?
Trace an allocation through the originating notice, administrator and book. Review the finding before approving a correction.
The notice and book name different funds.
The administrator agrees with the notice. The proposed correction still needs review.
How much cash do I actually have?
Investigate what is confirmed, what is pending and which source is missing before relying on the cash position.
The cash position needs more evidence.
An outstanding source check keeps the agent from confirming available cash.
Read-only by default. Agents investigate and prepare findings; your operators approve the resolution. Your administrator and books stay in place. FundCycle does not strike NAV.
Try it on one historical cycle.
Choose one workflow and one past cycle. We agree the sources, investigate read-only, and return findings with evidence, proposed next steps and gaps that still need review. Sanitized files are fine.
The one-page result
Exceptions foundFindings checked against the source records
Evidence gapsMissing support and unresolved questions
Reviewer hoursBefore and after, on your own cycle
False positivesUnsupported findings counted and listed
Book a working session